Ad
Ad
Ad
Electronics Production | November 26, 2009

Qimonda Portugal with a new name

The insolvent chip manufacturer Qimonda Portugal is looking for another name and fresh money for a new start.
There is hope again for Qimonda Portugal. Positive signs have emerged at a new creditors’ meeting, reported local media. A total of three partners have agreed on a new strategy: the state Portugal will hold a 18% share in the new company, BCP and BES will share the remaining 82% (each holding 41%).

Qimonda Portugal is also looking for a new name – the favourite currently being Nanium. Around 770 former Qimonda employees are said to be able to return to work over the next 18 months.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news