View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 9, 2010

Toshiba signs joint venture agreement with Nantong Fujitsu Microelectronics

For the semiconductor back-end process

By CBR Staff Writer

Toshiba and its Chinese subsidiary, Toshiba Semiconductor (TSW), have entered into a definitive agreement with back-end process specialist Nantong Fujitsu Microelectronics, on forming a manufacturing joint venture in China for the semiconductor back-end process.

Under the agreement, TSW is expected to fold its back-end process facilities into a joint venture that will initially be 80% owned by TSW and 20% by NFME; and the cooperative relationship will regard NFME as a strategic partner in the back-end process area.

Following establishment of the JV, TSW will retain capabilities in manufacturing management and function as a local base for Toshiba to promote an outsourcing system for the back-end process.

The agreement is based on the memorandum of understanding between the companies executed in November 2009, and the companies expect to start operation of the joint venture Wuxi Tongzhi Microelectronics Co, in April 2010.

Content from our partners
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate
What to look for in a modern ERP system
How tech leaders can keep energy costs down and meet efficiency goals
Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.