EETimes-Europe, Korea JongAng Daily, Korea Economic Daily, Korea Herald: Dongbu financial group, the owner of Dongbu HiTek foundry is planning to sell the foundry to solve the mother company financial problems. Dongbu HiTek is one of the better known foundries making image sensors. SETi, Siliconfile, Pixelplus and other image sensor companies are among its customers. Dongbu has invested several trillion won in Dongbu HiTek in the non-memory semiconductor sector, but the foundry incurred losses for 14 straight years since its creation in 1997. Its first quarterly profit was in 2011.
"After putting in enormous investment and efforts over the past 10 years or so, the business of Dongbu HiTek has just been getting into the right orbit, but in order to dispel concern in the financial community over our future investment in the semiconductor sector, we made an inevitable decision to sell it," Dongbu group said.
"After putting in enormous investment and efforts over the past 10 years or so, the business of Dongbu HiTek has just been getting into the right orbit, but in order to dispel concern in the financial community over our future investment in the semiconductor sector, we made an inevitable decision to sell it," Dongbu group said.
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| Dongbu image sensor processes |
Dongbu Foundry is Up for Sale
Reviewed by MCH
on
November 20, 2013
Rating:
Reviewed by MCH
on
November 20, 2013
Rating:
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