Globalfoundries to acquire ProMOS for NT$20-30 billion, say sources
Bits + chips | Feb 24, 01:45
Globalfoundries reportedly has agreed to take over financially-troubled ProMOS Technologies for NT$20-30 billion (US$0.7-1 billion), according to industry sources. By adding ProMOS' 12-inch wafer fab in Taichung, central Taiwan to its global manufacturing facilities, Globalfoundries will be striving...