SAN FRANCISCO— Analog/mixed-signal semiconductor foundry X-Fab Semiconductor Foundries AG and automotive sensor and IC supplier Micronas Semiconductor Holding AG Wednesday (Aug. 24) announced a strategic partnership by which X-Fab will manufacture Micronas products using its 0.18-micron high-voltage CMOS process with embedded flash.
Under the terms of the deal, Micronas will support X-Fab as a technology partner and has the option of using the manufacturing technology to build the products in its own wafer fab in the future. As part of the deal, Micronas is also acquired a stake worth 10 million euros ($14.4 million) in X-Fab.
The companies said the partnership would enable them to mutually exploit their years of experience in automotive electronics, enhancing their technological opportunities and production capacities.
"Our technological expertise, the product experience of Micronas and X-Fab's manufacturing experience garnered over many years in the automobile industry provide the ideal foundation for the long-term expansion of both our market positions in this segment," said Hans-Jürgen Straub, CEO of X-Fab, in a statement.
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