CYBERJAYA, Malaysia -- Malaysia Microelectronic Solutions Sdn Bhd (My-Ms)--which claims to be the country's first fabless chip house--today (March 23) announced a distribution pact with Singapore's Dynamar Holding Pte. Ltd.
The year-old venture is located here in Malaysia's Multimedia Super Corridor (MSC) and is focusing on the development of EEPROMs, EPROMs, flash memories, and smart-card chip products. So far, the company appears to be only selling a line of EPROMs.
Under the terms of the new distribution pact, Dynamar will sell My-Ms' line of EPROMs and other IC products in the Asia-Pacific market, including Malaysia, Singapore, Thailand, and other nations.
"This arrangement will allow the company to accelerate its market penetration in target markets" said Abdul Rashid Munir, president and chief executive of My-Ms in Cyberjaya, near Kuala Lumpur.
My-Ms was formed in April of last year, when U.S.-based Integrated Silicon Solution Inc. (ISSI) and Malaysia's Mimos Bhd (Mimos) announced plans to form a joint venture in the fabless chip arena. The startup venture received its technology from ISSI of Santa Clara, Calif., which now owns a 40% stake in My-Ms.
Kuala Lumpur-based Mimos, a government-run R&D organization, invested approximately $8.4 million for a 60% stake in My-Ms. Mimos has a small-scale, 6-inch wafer fab that provides foundry services for My-Ms. The fabless chip company also uses other foundries as well, according to My-Ms officials.