TI to install acquired Qimonda's fab assets to speed up its analog fab expansion

Texas Instruments is expanding its analog manufacturing capacity by buying 300mm fab equipment assets (more than100 tools) from Qimonda's fab in North America and Dresden, Germany. TI is installing these tools at its facility in North Texas to create industry's first 300mm analog wafer fab.

TI said when complete, the new facility to double its analog manufacturing capacity and is targeting a revenue capability of 2 billion US$. TI is moving fast in relocating the equipment to take on any new market opportunities.

"Our 300mm fab is a unique cornerstone of our analog business. With Phase I progressing well and on track to begin shipments by the end of the year, this Phase II expansion will give us a head start in providing our customers access to significant analog capacity to fuel their growth," said Gregg Lowe, TI senior vice president in charge of the company's Analog business.

This new fab will produce analog ICs using TI's proprietary process for use in portable computing and communications devices such as smart-phones and netbooks.