Qimonda Sells Manufacturing Equipment – Liquidation Begins

Qimonda’s 300mm Production Equipment Available for Sale

by Anton Shilov
07/06/2009 | 10:00 PM

After not finding an investor eager to acquire the whole company, Qimonda AG has appointed several companies to sell 300mm production equipment from the firm’s manufacturing facilities in Germany and the USA. This may easily mean that the company does not have hope to start its production operations again.

 

The insolvency administration appointed Macquarie Electronics to resell select 300mm manufacturing equipment from its Dresden, Germany, fabrication facility. In addition, the bankrupt maker of dynamic random access memory has appointed Colliers International, Emerald Technology Valuations LLC and Gordon Brothers to assist it in the sale of its Richmond facility in Sandston, Virginia, reports EETimes web-site.

In fact, some of Qimonda's holdings have already been sold, among them the Dresden photomask center.  With partly absent equipment, it is hardly possible that Qimonda’s facility in Germany will ever start operating again.

Qimonda filed for insolvency on the 23rd of January, 2009. The insolvency administration was trying to find investors who would acquire the larger part of the company’s European operations with some help from German and Portuguese governments.

In May it was reported that sources familiar with the proceedings reportedly indicated that so far serious interests has not been expressed in Qimonda as a DRAM manufacturer, but only in parts of the company, such as intellectual property or specific parts of the equipment.