Featured Articles

LG G Watch R ships in two weeks

LG G Watch R ships in two weeks

The LG G Watch R, the first Android Wear watch with a truly round face, is coming soon and judging by…

More...
LG unveils NUCLUN big.LITTLE SoC

LG unveils NUCLUN big.LITTLE SoC

LG has officially announced its first smartphone SoC, the NUCLUN, formerly known as the Odin.

More...
Microsoft moves 2.4 million Xbox Ones

Microsoft moves 2.4 million Xbox Ones

Microsoft has announced that it move 2.4 million consoles in fiscal year 2015 Q1. The announcement came with the latest financial…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 14 January 2014 12:27

Brazil’s semiconductor plant safe

Written by Nick Farrell



Exit of Batista not a problem

Construction of Brazil's first semiconductor plant shouldn't be significantly delayed by the exit of investor Eike Batista, the head of Brazil's national development bank.

 

Batista started to flog his stake in SIX Semicondutores, a joint venture started in 2012 IBM and BNDES, follows the meltdown of his industrial group owing to financing difficulties. SIX is in talks with Argentina's Corporacion America to buy at least part of Batista's 33% stake. BNDES President Luciano Coutinho said that at the worst any delay would be two or three months.

The plant is expected to start output in 2015, and will produce application-specific integrated circuits, or ASICs. These chips require less initial investment than general-purpose chips, and have a less risky market. Two-thirds of the chips will be sold in Latin America, while the rest will be exported Europe and Asia.

Last modified on Tuesday, 14 January 2014 12:35

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments