X-FAB Semiconductor Foundries and 1st Silicon complete merger
The extended X-FAB Group is organized under the umbrella of the Belgian holding X-FAB Silicon Foundries N.V., located in Belgium. X-FAB Silicon Foundries also announced that Datu Ahmad Tarmizi Hj. Sulaiman was elected chairman of the board of directors. Hans-Jurgen Straub (Chief Executive Officer) and Roger Diels (Executive Vice President) are named as management and executive directors of the board.
The combined entity has a capacity of 700,000 200mm-equivalent wafers per year, and offers customers production technologies ranging from 1.0 to 0.13 micrometers.
"This merger represents a significant step in the development of the X-FAB Group in terms of extending its market position, production capacity and technology portfolio," said Mr. Straub. "As a global player and the leading analogue mixed-signal foundry, X-FAB Silicon Foundries offers its customers stability and a solid technology base for the most advanced integrated circuit development."
"We are very excited about this successful merger and are extremely optimistic about the future of Sarawak as a key high-tech region," said Datu Tarmizi. "The merger is an ideal partnership because it promotes healthy development for our high-tech foundry in Sarawak. Through this merger, X-FAB Silicon Foundries with fabs in Europe, the U.S. and Asia has been put on the map as a truly global foundry source."
