Dimanche 18 Juin @ VIPress.net

Under pressure, Altis Semiconductor needs new customers

Semiconductors>Germany>France>Americas>Strategy
18/06/2006 14:03:36 :


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



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