REALTIME NEWS

Philips aims to outsource 50% of wafer production to Asia within five years

Samson Yu, Taipei

Feb 17, 2004, 17:17 0

In a bid to further reduce manufacturing costs, Philips Semiconductors plans to be outsourcing half of its chip production to Asian foundries within the next five years, up from 10% currently, according to Rob Fletcher, a vice president and general manager of...

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