Back end auction opportunity
A major selection of equipment related to the Qimonda Portugal insolvency is now available for sale via online auction, which closes 16th June, 2010. This is the easiest and fastest way to purchase this high quality equipment from the largest DRAM Chip assembly and test facility in Europe.
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 now available via an online auction 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.
