Qimonda auction moves to Portugal plant
As a result of the insolvency of parent Qimonda AG, Qimonda Portugal has chosen to evolve, instead of closing the doors of its existing back-end DRAM assembly and test facility. With established roots in the industry, Qimonda Portugal is in the process of becoming an independent company, with a new business scope and the possibility of entering new markets.
This solution was made possible, in part, through the innovative thinking of senior management to re-invest funds generated by selling surplus assets and equipment on the used equipment marketplace. By partnering with GoIndustry DoveBid, Qimonda Portugal was able to effectively value their assets, and implement various sales solutions to generate the cash needed for this new initiative.
"It was important for us and for the Portuguese economy, to keep the existing operations going." says Armando Tavares, President of the Executive Board. "Our goal is to ensure we continue to make a contribution to the community."
The surplus assets from Qimonda Portugal are available via an extensive Asset Sale Programme, which include private negotiated sales, managed by GoIndustry DoveBid. The sales include an outstanding selection of high-quality Semiconductor Back-End equipment, some of which were used for the assembly and test of DRAM Memory chips. The equipment is available as individual items, separate process lines, or as a complete package. For example, some of the equipment available may constitute a complete production facility with an overall capacity of 6 million chips/week.
