TSUKUBA, Japan, Nov. 26 /PRNewswire-FirstCall/
-- LSI Logic Corporation (NYSE: LSI) today finalized a purchase-and-foundry-services agreement with ROHM CO., LTD. for LSI Logic's semiconductor manufacturing facility here. The asset purchase is approximately yen 2.65 billion or $24 million.
ROHM will be acquiring Fab 1, Fab 2, CMP Center, Office, Energy Center and Testing Facility on 70,000 square-meters of land. In addition, ROHM and LSI Logic have agreed to enter into a wafer supply agreement covering a range of products that are currently being manufactured at the facility.
"ROHM's purchase of the Tsukuba facility completes the consolidation of LSI Logic's internal manufacturing to the company's Gresham, Oregon campus, supplemented by strategic foundry engagements," said Joe Zelayeta, LSI Logic executive vice president of Worldwide Operations. "Maintaining a balanced, global manufacturing strategy, utilizing both internal capacity and foundries, provides us with greater flexibility to meet anticipated increases in customer demand."About LSI Logic
LSI Logic Corporation is a leading designer and manufacturer of communications and storage semiconductors for applications that access, interconnect and store data, voice and video. In addition, the company supplies storage network solutions for the enterprise. LSI Logic is headquartered at 1621 Barber Lane, Milpitas, CA 95035. http://www.lsilogic.com
ROHM CO., LTD., was established in Kyoto, Japan, in 1958, designs and manufactures integrated circuits (ICs) and other electronic components. ROHM's product lineup includes monolithic ICs, power modules, transistors, diodes, light emitting diodes (LEDs), laser diodes, resistors, capacitors, liquid crystal displays (LCDs), thermal heads, image sensor heads, and LED displays. In the fiscal year 2003 (ended March 31), consolidated net sales of JPY 350,281 million were generated by some 16,800 employees. Further information is available at http://www.rohm.com
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SOURCE LSI Logic Corporation