Powerchip stated that there is strong demand for NOR Flash and that there has previously been cooperation between memory design companies and Powerchip in the role of OEM NOR Flash developer. Beginning in the second half of this year, production of LCD drivers and IC will gradually be shifted from Taiwan to Mainland China, and the freed up production capacity will be directed toward OEM production of NOR Flash for clients.

Nevertheless, Powerchip still has not mentioned how much of their capacity will be put into the production of NOR Flash.

Powerchip Technology Corporation CEO Frank Huang commented that the main purpose of reestablishing Powerchip's NOR Flash production capacity is to respond to the NOR Flash supply shortage, which was brought about by international manufacturers' discontinuation of production. In response to strong customer demand, production of NOR Flash will recommence and be paired with both DRAM and NAND industries.

CEO Frank Huang also emphasized that Powerchip's 12-inch chip factories are experienced in the mass production of NOR Flash and can quickly complete relevant preparation tasks. At the same time, he also believes that the short-term shortage in the memory industry, which includes DRAM and NAND Flash, will be difficult to resolve.

(TR/ Phil Sweeney)