EXTRA!



November 7, 2011

German Foundry Faces Bankruptcy

German Foundry Faces Bankruptcy
An insolvency administrator in Germany is deciding the fate of an Lfoundry fab in Landshut. Lfoundry acquired the fab from Japanese chip maker Renesas in 2008, a move the administrator has criticized since it effectively let Renesas off the hook for severance payments to German workers. Another Lfoundry fab in France is also affected by the bankruptcy proceeding.

To read more, please sign in below:

User name:
Password:

New user? Click here to register.

Post Comments

Share your thoughts.

To comment please Log In.