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Taiwan's ProMOS looking for new partners, business

Tue Jun 9, 2009 5:03am EDT

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TAIPEI, June 9 (Reuters) - ProMOS (5387.TWO), Taiwan's third-largest DRAM memory chip maker, said on Tuesday it is looking for new strategic partners for new business opportunities, including making other semiconductor products.

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"We are in discussions with some local and foreign companies for possible cooperation. There might be some different business styles," ProMOS Vice President Ben Tseng told Reuters.

When asked if those companies include other DRAM makers, Tseng said: "Yes." He declined to identify them.

ProMOS Technologies is one of many Taiwan companies struggling in the face of the worst-ever downturn for DRAM memory chips. In April, the Taiwan government announced the formation of a new DRAM company, attempting to reorganise the industry to give it long-term viability. (Reporting by Baker Li, Editing by Ken Wills)



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