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TI eyes Qimonda US assets

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CIOL Bureau
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MUNICH: Soon after DRAM maker Qimonda filed for insolvency in Europe and for chapter eleven in the United States where it runs two fabs, Texas Instruments has reportedly evinced keen interest in acquiring some or all of Qimonda's US-based assets.

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Pointing out that the company even has specified a price, reports put the quote at $172.5 million. The reports which spoke on the developments now on at the Delaware insolvency court, said that the court plans to auction Qimonda assets on September 23. The price offered for the assets is subject to a higher bid from other parties, they added.

Though it is being reported widely that Texas Instrument's plans to take over Qimonda's chip manufacturing equipment and use it in its own production, the US based major in fact US company has been quoted as saying that it is not interested in buying the insolvent company. According to one of the reports, “we are not getting into the memory business."

However, the company has said that it would be acquiring the tools to make 300mm wafers would likely result in the world's first 300mm analog wafer manufacturing facility.

This is expected as significant enough to provide Texas Instruments good manufacturing cost and scale advantage.

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