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Hong
Kong (PRWEB) June 19, 2004 -- Nanotech Corporation
and Intel Corporation today announced an agreement
whereby Intel will provide manufacturing process technology
and equipment for first phase of Nanotech’s proposed
wafer fabrication facility in Changzhou National Hi-Tech
District, Changzhou, Jiangsu Province, China. The
agreement includes a license and technology transfer
of Intel’s 0.35 micron and 0.25 micron CMOS process
technology. It also includes the transfer of a line
of matching 200 mm equipment to run the process and
appropriate training for Nanotech’s manufacturing
staff. Under terms of the agreement Intel will provide
equipment to run up to 15 thousand wafer starts per
month.
"I
am pleased that we will obtain equipment and proven
technology from Intel, the world’s leading semiconductor
manufacturer. Now is the time for Nanotech to carry
out our mission of establishing a leading global semiconductor
foundry company. I would like to thank Intel, and
our investors for their support, and am looking forward
to working with them in the future," said James
Koo, CEO of Nanotech, “Changzhou is next to Shanghai,
the center of microelectronics of China. We have obtained
full support of Changzhou, and therefore it presents
an excellent opportunity.”
“This
CMOS process technology and matching equipment has
a proven track record for excellent performance. With
Nanotech’s aggressive schedule, this agreement should
help them quickly begin operations and better serve
their customers,” said Gidu Shroff vice president
and director of Materials, Intel Corporation.
The
agreement between the companies is subject to government
and other regulatory review. Other terms of the agreement
are confidential.
Intel,
the world’s largest chip maker, is also a leading
manufacturer of computer, networking and communications
products. Additional information about Intel is available
at www.intel.com/pressroom.
Nanotech
is an emerging semiconductor foundry targeting global
customers with an innovative technology that will
provide customers with superior quality, cost and
time to market.
Contacts:
Stephan Chen
Nanotech Corporation
852-3427-9400
Colleen
Rubart
Intel Corporation
852-240-3782
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