Highlights of the day: PTI looking for expanded position in backend sector
DIGITIMES workers
Powertech Technology (PTI), a significant reminiscence backend service supplier, has just lately accomplished a administration change. Its new CEO, Boris Hsieh, advised Digitimes in a current interview how PTI group is aiming to turn out to be an all-round OSAT. In the memoery market, NOR flash is predicted to be briefly provide in 2021, with costs to rise by 5% within the first half of subsequent yr. Persisting shortfall in foundry provide is motivating VIS to hunt extra fab acquisitions for capability expan sion.
All-round OSAT: Q&A with PTI CEO Boris Hsieh: Taiwan-based Powertech Technology (PTI) is without doubt one of the world’s prime OSATs with main backend orders from non-Korean reminiscence distributors. PTI has simply accomplished a prime administration shakeup after JY Hung retired as president and CEO on the finish of September. Boris Hsieh, previously CEO at Greatek Electronics – a subsidiary doing logic IC pakcaking work – has now turn out to be CEO of PTI. Former PTI COO JS Leu is now president.
NOR flash to be briefly provide with costs to rise 5% in 1H21: NOR flash chips provide is predicted to fall in need of demand by 5% in 2021, and their quotes are estimated to rise 5% within the subsequent two quarters amid total stock degree falling considerably, in line with trade sources.
VIS in talks to amass 8-inch wafer fab from goal vendor: Vanguard International Semiconductor (VIS) is once more looking for to broaden its 8-inch wafer foundry capability by means of acquisitions to fulfill ever-booming demand from distributors of energy administration ICs, driver ICs and CMOS picture sensor (CIS) chips, after buying an 8-inch wafer fab operated in Singapore from Globalfoundries in late 2019.
