Infineon in joint venture
Infineon Technologies and United Epitaxy (UEC) of Taiwan are to set up a joint venture for the manufacturing and development of fibre optic components. The joint venture will be based within the existing facility of UEC at the Hsinchu Science-based Industrial Park, Taiwan. The new company will be established in October 2003. Subject to German government approval, Infineon will hold 56% of the shares of the joint venture and UEC the remainder. The total planned investment over the next five years amounts to $12 million. The joint venture will employ 120 people when operating at a full capacity of up to 100 wafer starts per week. The new company will integrate the fibre optics technology of the two parent companies. Both partners will assemble optochips into high-end micro systems and components for the market of high-speed data transmission products based on fibre optics. Cleanroom and major equipment installation is expected to finish late this year and trial production is due early next year. T: +49 (89) 234-00