IBM and Infineon Want Altis as an Independent Semiconductor Manufacturer

Reported by Softpedia on Friday, 20 November 2009 (on November 20, 2009)

Altis Semiconductor is a joint venture between IBM and Infineon, which manufactures semiconductors based solely on the less advanced 130nm process. The company currently doesn't have many clients, nor the manufacturing rights or equipment needed to produce better tech. Nevertheless, its two owners are negotiating a deal with a low-profile entrepreneur to start transforming the infant manufacturer of semiconductors into something that will eventually rival the Taiwan Semiconductor Manufacturing Company (TSMC), United Microelectronics Corp. and Globalfoundries. “The plan is to turn Altis into a foundry. We will guarantee for a certain production volume but additional volume will be generated through Altis' own foundry activities. [IBM and Infineon] will fit Altis with a set of good technologies, e.g., embedded flash as well as to future technologies. They will be equipped very well,” Infineon Chief Executive Officer Peter Bauer said in an interview with EE Times. After two years of similar but failed attempts to sell Altis to Russian investors, no less, things may finally be looking up for the venture. This time, the potential investor is French entrepreneur Germain Djouhri, who already expressed his intent to invest €79 million (about $118 million) into the pla...

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