Mosel Vitelic To Stop DRAM production
Mosel Vitelic has decided to stop DRAM production by the end of the first half of this year and gear up for the development of the solar cell market, according to company chairman ML Chen. This means there is one less IC maker on the market. While Mosel memory chips were never a hit in the enthusiast market a number of companies like OCZ Technology have used them from time to time on high end parts.
Solar cell production is expected to be Mosel?s chief business by the fourth quarter of 2007, but until then pure-play foundry services for driver IC and power management (PWM) ICs will be the company?s major sources of revenues, Chen revealed during the company?s investors conference yesterday. He pointed out when he became Mosel chairman last year, he promised to reduce the proportion of DRAM production. In March, DRAM accounted for only about 8% of Mosel?s total revenues for the month, he said.
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