French based Altis Semiconductor, a joint-venture between IBM and Infineon, will have to find new customers to survive.

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Both IBM and Infineon want to exit from their common fab by 2009. Wolfgang Ziebart, Infineon CEO, August Franze, IBM Microelectronics vice-president, and Françoise Gri, IBM France CEO, met with the French representatives in Corbeil-Esssonnes in the beginning of June, to explain that they didn’t want to pass new orders after 2009. The best solution for Altis would be to become a pure foundry, but it means to invest in more advanced processes. At present, Altis is engaged in a restructuring plan concerning the layoff of 424 employees out of 1946 total workforce.