Sunnyvale, Calif.--Sept. 24, 1997--Philips Semiconductors and SGS-THOMSON Microelectronics announced the renewal and extension of the Technology Cooperation Agreement betweenthe two companies.
Under the new agreement, the companies will jointly develop advanced semiconductor manufacturing processes.
The three-year agreement, which begins Jan. 1, 1998, will cover both process development and work on Computer Aided Design libraries for the next generations of processes--0.18-m and smaller technologies. It will provide the two companies with technology that can be used to create highly integrated ICs for applications such as computer equipment, telecoms, and consumer electronics.
As part of the new agreement, Philips Semiconductors will increase its financial contribution and the number of its people directly involved in the cooperation to between 40 and 50.
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