Cypress Sells Minnesota Fab for $30 Million

发布时间:2017-03-03 00:00
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来源:EE TIMES
阅读量:4771

Cypress Semiconductor Corp. has cut a deal to sell its 200mm fab in Bloomington, Minn., for $30 million.

Under the terms of the deal, Cypress will sell a subsidiary that owns the fab to a startup foundry, SkyWater Technology Foundry, backed by a Minnesota-based holding company. SkyWater will operate the fab, manufacturing wafers for Cypress and for other chip firms, Cypress said.

Cypress initially put the fab up for sale in 2015. Cypress originally acquired the fab from Control Data VTC in 1990.

Cypress said the sale of the fab would allow it to reduce its manufacturing footprint and cost structure while increasing the utilization of its Fab 25 in Austin, Texas.

Seattle-based ATREG Inc., a specialist vendor of wafer fabs and other technology assets, acted as Cypress’ advisor on the fab sale.

“The sale of Fab 4 in Minnesota allows us to reduce our manufacturing costs as we exit the fab while using the proceeds to pay down debt,” said Hassane El-Khoury, Cypress president and CEO, in a press statement.

El-Khoury added that the deal would allow Cypress to maintain uninterrupted wafer supply for our products manufactured at the fab and give former employees in Minnesota “the opportunity to help the new business flourish and continue the fab’s tradition of quality U.S.-based manufacturing.”

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合资企业的成立,旨在加强Cypress在汽车、工业及物联网市场中对于连接、计算和存储解决方案的聚焦,同时能更好地为NAND客户提供持续支持。作为全球嵌入式解决方案领导者,Cypress半导体公司近日宣布已与SK海力士旗下子公司SK Hynix System IC成立合资公司。在合作的前五年时间里,该合资企业将会生产和销售Cypress现有的单级单元(SLC)NAND产品,并将继续投资下一代NAND产品。合资企业将设立在香港,在股权分配上,SK Hynix System IC公司占有60%的股份,Cypress公司则拥有40%的股权。Cypress公司总裁兼首席执行官Hassane El-Khoury提到:“这家合资企业为持续、稳定的长期供应提供了途径。”,“Cypress公司的3.0战略中,一个关键的方面是,关注我们运用于锁定增长市场的核心技术。“我们将继续在差异化上做努力,这涵盖了连接、计算和存储解决方案。这些解决方案都将其目标市场锁定在具有更长设计周期的汽车、工业及物联网市场中。”“我们的NAND客户将能得到合资企业的全方位支持,并持续满足不断增长的客户需求,同时鼓励Cypress能见证合资企业的成功。”Cypress将会把一整套的SLC NAND闪存产品目录转移到合资企业。1Gb至16Gb器件为通信、消费、汽车和工业应用提供可靠的数据存储。这些产品采用紧凑型封装,外形小巧,符合严格的质量标准,包括AEC-Q100汽车级质量。由于需要获得相关适用监管条例的批准及审核,合资企业的实施和启动预计将在2019年的第一季度举行。
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