Asia Express - Data Communications
Taiwan's TMC Approved for DRAM Investment, Finds Production Partner
September 26, 2009
TMC (Taiwan Memory Company), a newly-created company supported by Taiwan's government to help consolidate the local DRAM (Dynamic Random Access Memory) industry, has been approved by Taiwan's National Science Council to invest NT$11 billion (US$339.5 million; US$1=NT$32.4) in DRAM operations and establish headquarters in the Hsinchu Science Park, China Times of Taiwan reported on September 22. Taiwanese companies Siliconware Precision Industries and King Yuan Electronics are numbered among TMC's major investors at present. Initially it is expected that TMC will leverage its existing partnership with Japan's Elpida Memory to conduct joint R&D of next-generation products and technology.

Shortly ahead of the approval for business investment and headquarters establishment, TMC formed an alliance with Taiwanese memory chip maker ProMOS Technologies, according to a September 18 report by Economic Daily News. Although collaboration between the two companies will start on an R&D basis, it is expected that the partnership will extend to DRAM manufacturing in the near future.