SAN JOSE, Calif. -- After some delays, Nakaya Microdevices Corp. (NMD), Amkor Technology Inc. and Toshiba Corp. have signed definitive agreements for the formation of a joint venture to provide semiconductor assembly and final testing services in Japan.
NMD, Amkor and Toshiba entered into discussions regarding a possible joint venture at the start of this year. The new company is expected to begin operations on Oct. 31.
Under the terms, NMD will become a joint venture. It will change its name to J-Devices Corp.
Some 60 percent of the venture is owned by the existing shareholders of NMD, 30 percent by Amkor and 10 percent by Toshiba.
Under the definitive agreements, the following equipment and operations will be transferred to J-Devices: the back-end process business, including technology development, at Toshiba LSI Package Solutions Corp. (TPACS), a Japan-based semiconductor packaging company wholly owned by Toshiba; the system LSI and memory back-end process equipment at TPACS' Oita Works and Fukuoka Works; and certain wafer probing equipment installed at Toshiba's Oita Operations. TPACS' employees working for the transferred business will engage in the same business at J-Devices.
Amkor is expected to invest approximately 1.5 billion yen ($17 million) in J-Devices and to purchase certain assembly and test equipment from Toshiba for about 4.0 billion yen ($44 million) and lease such equipment to J-Devices.
Toshiba is expected to invest approximately 0.5 billion JPY. In addition, Amkor will have the right to acquire a majority interest in J-Devices in 2012.
RSS
Digital
10 emerging technologies to watch:
EE Times has compiled a list of emerging technologies that we think will be worth watching out for in 2010. Biofeedback or thought-control of electronics are among the contenders.
Hot applications in 2010:
We've compiled a list of 10 technology applications you should watch for in 2010, ranging from e-book readers to 3-D TVs. We examine the features that make these apps so compelling as well unresolved issues.
Top 25 predictions for semis in 2010:
2010 is just beginning to unfold in the electronics industry. Looking into our crystal ball, we have released our own chip forecasts--and other predictions--for 2010.
Seven things to fix in 2010:
The editors of EE Times came up with their own informal list of things we hope engineers fix in 2010, spanning everything from nano-lithography to space travel. What do you want to see get done this year?
'09 moves that are shaping the future:
This was a brutal year, but the industry gets a nod for showing grace under fire. Here's our Top 10 guide to the coming year, illustrating what to expect in 2010.
10 CEOs out in 2009:
It's been a tough year for the global electronics industry and CEOs. We survey the dismissal of 10 industry CEOs during the first three quarters of 2009 and what's ahead for the rest of the year.
Notable women in microelectronics:
There is no better time than a global economic recession to examine the keys to successful corporate governance. So, EE Times has compiled an international list that celebrates women who are business and technology leaders in semis.
EE Times updates Silicon 60:
Seventeen companies have been added to the lastest version of our Silicon 60 list of emerging startups. Forty-three companies survived as emerging companies that are still worth watching.
RSS| 
Digital| 
Mobile
