SAN JOSE, CA -- (Marketwire) -- 10/14/09 -- SVTC, the leading provider of silicon
technology development and commercialization services, and Taiwan
Semiconductor Manufacturing Company, Ltd. (TWSE: 2330) (NYSE: TSM) have
formed an Innovation Incubation Alliance that accelerates the
commercialization of new and innovative technologies and encourages product
development on a variety of emerging technology platforms.
Under the new alliance, SVTC and TSMC will work with developers to bring to
market new applications in emerging technologies such as
micro-electro-mechanical systems (MEMS), biochips and other devices
incorporating new materials and novel structures. The agreement is the
latest in a series of collaborations between the two companies.
Joseph Bronson, SVTC's CEO, said, "The partnership will seek out and work
with 'More than Moore' customers whose ideas or products are based on
silicon technologies, but may not necessarily scale with Moore's Law."
"There are a number of promising applications that could inspire entire new
industries, but many lack a clear path to commercialization and high-volume
manufacturing," said Bronson. "Our technology commercialization agreement
with TSMC will enable the world's most promising innovators to develop new
products and to bring the best of these new devices into volume
production."
C.C. Wei, TSMC senior vice president, Mainstream Technology Business,
added, "TSMC has a strong tradition of working with innovators to develop
applications that change the technology landscape. Our relationship with
SVTC creates a highly effective path to bring innovative products built on
mainstream process technologies to market quickly."
The SVTC Fast-Transfer™ process provides solutions that drive yields for
products transferred to TSMC to achieve a fast revenue ramp.
Under the agreement, TSMC and SVTC will bring new products from concept to
volume production. Typically, companies with conceptual or undeveloped
products will utilize SVTC for development and commercialization of new
technologies. As product demands increase, SVTC will transfer the
customers' processes to TSMC for volume manufacturing. SVTC and TSMC will
co-market the services emerging from the new agreement.
About SVTC Technologies
SVTC Technologies speeds the development and commercialization of
innovative silicon-based technologies and products, cost-effectively and in
an IP-secure manner. Through facilities in San Jose, California, and
Austin, Texas, SVTC serves customers in rapidly growing markets such as
novel memory, novel transistors, logic, MEMS, biotechnology, images sensors
and photovoltaics. SVTC offers a suite of leading-edge equipment and
services, including full-scale 8-inch and 12-inch process capabilities,
advanced CMOS equipment, analytical services, development support tools and
commercialization services. SVTC is co-owned by Oak Hill Capital Management
and Tallwood Venture Capital, along with management. SVTC Technologies is
an equal opportunity employer. More information can be found at
www.svtc.com.
