News
 

Bookmark and Share

(0) 

An entrepreneur from Portugal has proposed to acquire Qimonda Portugal and is willing to keep the staff. No exact details are clear, but any news is a good news for Qimonda, which faces liquidation if no investor is found within the following months.

Portuguese entrepreneur Joao Paulo Tomas has presented his acquisition offer to officials of the Portugal economy ministry and will now move it to Portugal's investment and foreign trade agency AICEP for analysis, reports Tradingmarkets web-site. The sum of the investment is not known, but Mr. Tomas reportedly plans to establish a Portuguese-German consortium for the transaction and to keep the staff in case the deal goes through.

Even though the officials for Portugal “expressed interest about the project”, an investor for Qimonda in Germany must also be found.

Back in March, the government of Portugal, where Qimonda has manufacturing facilities, said it was ready to buy 14% stake in the Qimonda. Germany is also willing to acquire 25% stake in the company. However, both countries will only invest provided that there are foreign investments.

In a separate news, potential buyers of Qimonda, Russia-based semiconductor manufacturers Angstrem, Sitronics and AFK Sistema, denied any interest in the troubled memory maker, which is quite understandable as those manufacturers are focused on creation of custom semiconductors for various local projects, not mass production of dynamic random access memory.

Tags: Qimonda, DRAM, Business

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Tuesday, July 22, 2014

7:38 pm | AMD Vows to Introduce 20nm Products Next Year. AMD’s 20nm APUs, GPUs and Embedded Chips to Arrive in 2015

4:08 am | Microsoft to Unify All Windows Operating Systems for Client PCs. One Windows OS will Power PCs, Tablets and Smartphones

Monday, July 21, 2014

10:32 pm | PQI Debuts Flash Drive with Lightning and USB Connectors. PQI Offers Easy Way to Boost iPhone or iPad Storage

10:08 pm | Japan Display Begins to Mass Produce IPS-NEO Displays. JDI Begins to Mass Produce Rival for AMOLED Panels

12:56 pm | Microsoft to Fire 18,000 Employees to Boost Efficiency. Microsoft to Perform Massive Job Cut Ever Following Acquisition of Nokia