27 Feb '13, 9am

LFoundry to take over Micron Italy fab

LFoundry to take over Micron Italy fab Jessie Shen, DIGITIMES, Taipei [Wednesday 27 February 2013] Micron Technology and LFoundry have entered into agreements for LFoundry to acquire Micron Technology Italia, Srl. and all of its semiconductor fabrication facility assets in Avezzano, Italy, according to the companies. Under the agreements, Micron will assign to LFoundry its four-year supply agreement with Aptina to manufacture image sensors at the 200mm (8-inch) Avezzano facility. Micron will also grant LFoundry a restricted technology license. The fab sale is expected to close later in spring 2013. Specific financial terms of the deal were not disclosed.

Full article: http://www.digitimes.com/news/a20130227PR209.html

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