Amkor Will Make Optical Switches for Onix Microsystems
Chandler, Ariz.-Amkor Technology will manufacture the Passport all-optical switching engine for Onix Microsystems, Richmond, Calif.
The Passport is based on MEMS technology and will enable network equipment makers and system providers to scale, manage, test and protect fiber- optic networks, according to the companies.
Amkor will assemble this MEMS device for Onix Microsystems.
Amkor will assemble, package and test the hermetic switch module unit (88.9 mm x 16.5 mm) that will encase the switching components at its Advanced Package Development Center in Chandler.
Amkor said the contract with Onix marks the assembler's entry into opto-electronic component manufacturing.
Company Reports Record Earnings
Amkor also announced that its revenues for 2000 increased 25% to $2.39 billion, marking the company's 15th consecutive year of revenue growth.
Q4 2000 revenue was $637 million, an increase of 18% from $538 million in Q4 1999. Net income for 2000 (before amortization) more than doubled, to $242 million or $1.60/share, compared to $96 million or $0.77/share for 1999. [amkor.com]
PSi Technologies Promotes Mario Buencamino to COO
Santa Clara, Calif.-PSi Technologies Holdings Inc. has promoted Mario M. Buencamino to chief operating officer of PSI Technologies Laguna Inc., Manila, a wholly owned subsidiary. He remains senior vice president for operations.
Buencamino, who joined the company at its 1988 founding, reports to Arthur J. Young, president and CEO. [psitechnologies.com]
STATS Expands Its Capability for Packaging Gallium Arsenide
Milpitas, Calif.-STATS has expanded its ability to support package assembly for gallium arsenide ICs on pre-sawn wafers down to 4 mils thick, the company announced.
STATS noted that emerging communications technologies are pushing frequencies higher, where GaAs ICs offer many advantages over silicon chips. GaAs devices provide high peformance solutions for such segments as Gigabit Ethernet, ATM, SONET and RF handsets.
STATS Earns 'Growth' Award
Singapore-ST Assembly Test Services (STATS) has been awarded the "Highest Growth in Industry (Services)" Award in the Singapore 1000 2000/2001 ranking.
The Singapore 1000 annually ranks top Singapore corporations by financial performance. [statsus.com]
ChipPac Reports Record Q4, but a 10-20% RIF Is Planned
Santa Clara, Calif.-ChipPac Inc., Hyundai's former assembly and test division, reported record Q4 and year 2000 results recently. ChipPac said net revenue for the quarter ended December 31 increased 23 percent to $132 million, compared to $108 million for the same quarter of 1999.
The company said a reduction in force will trim its 7,000 worker headcount by 10-20 percent. [chippac.com]
Altera Tags ASAT As 'Supplier of the Year'
Santa Jose, Calif.-Altera Corp., a maker of programmable logic devices, named ASAT Inc., Fremont, Calif., its "Supplier of the Year" for 2000.
The award marked the second consecutive year that Altera presented the award to ASAT. [asat.com]
Semiconductor Assembly Council Sets May Santa Fe, N.M., Meeting
Mountain View, Calif.-The Semiconductor Assembly Council will hold its bi-annual meeting May 24-25 at the Santa Fe, N.M., Hilton Hotel.
For more information, contact the Semiconductor Assembly Council at 650.390.8575. [sacouncil.org]