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July 16, 1991

ACER, TEXAS, & CHINA DEVELOPMENT JOINT VENTURE TAKES OFF

By CBR Staff Writer

The joint venture between Acer Corp, 58%, Texas Instruments Inc, 26% and China Development Corp, 16% to fabricate 4M-bit – and later 16M-bit – dynamic memory chips in Taiwan, has started pilot production, the Financial Times reports: volume production is set for the first quarter of 1992; the venture, in the Hsinchu Industrial Park, Taipei, is capitalised at $140m.

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