Infineon Joins Opto Joint Venture
The joint venture will be based within the existing facility of
UEC at the Hsinchu Science-based Industrial Park in Taiwan. The new company
will be established in October 2003.
Subject to approval by the German government, Infineon will hold 56% of the
shares of the joint venture and UEC the remainder. The total planned
investment over the next five years amounts to $ 12mn. The money will be
used for business start-up, manufacturing site, equipment and other
infrastructure. The investment quantity will pro rata according to the
shareholding ratio of the parent companies.
The joint venture will employ 120 people when operating at a full capacity
of up to 100 wafer starts per week.
The new company will integrate the fibre optics technology of the two
parents. Both companies will license technology to the joint venture. In
return, the new company will manufacture optochips for Infineon and UEC.
Both partners will assemble the optochips into high-end micro systems and
components for the market of high-speed data transmission products based on
fibre optics.
Cleanroom and major equipment installation is expected to finish in Q4 2003.
Trial production is due Q1 2004 and mass production Q4 2004.
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