Hsinchu, Taiwan, April 4, 2001 -- LSI Logic Corporation (NYSE: LSI) and Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM) today announced an agreement to combine their efforts for development of advanced process technologies and to collaborate on state-of-the-art manufacturing.
Under the co-development agreement, LSI Logic and TSMC will deploy a jointly developed 0.13-micron process technology. LSI will support customer design programs for leading-edge system-on-a-chip products utilizing this advanced process. Resulting products will be produced in both LSI Logic’s and TSMC’s world-class manufacturing facilities. The two companies have also agreed to explore collaborative opportunities on next generation process technology nodes, which will be ahead of published industry roadmaps.
This agreement strengthens LSI Logic’s process technology and manufacturing roadmap by incorporating the best of both companies’ advanced process technologies within LSI Logic’s manufacturing facilities,” said Joe Zelayeta, LSI Logic executive vice president of Worldwide Operations. “We fully intend to utilize these capabilities to better serve our customer base around the world.”
“TSMC is pleased to cooperate with system-on-chip leader LSI Logic on this advanced 0.13-micron process technology,” said F.C. Tseng, TSMC president. “The technology developed under this agreement expands TSMC’s 0.13-micron core technology, which has been in production since last December. We will also provide LSI Logic with additional world-class manufacturing capacity.”
The agreement continues an industrywide trend toward the sharing of process technology research and development costs and the increased use of foundries to efficiently support customer demand levels.
“We are undertaking this strategic initiative to better serve our customers to compete in fast-growing global communications and storage markets,” said Ronnie Vasishta, LSI Logic vice president of Technology Marketing. “This agreement will ensure that as the company grows we continue to focus company resources on technology development projects that provide the greatest added value to our customers.”
Safe Harbor for Forward Looking Statements:
Statements contained in this news release relating to the parties’ activities, benefits and other consequences anticipated by their agreement on the matters to which this news release apply, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended. The forward looking statements included in this news release are made only as of the date of this news release and neither party to this news release undertakes any obligation to update the forward looking statements to reflect subsequent events or circumstances. The actual results obtained by either or both parties regarding any expectation or other matter to which the statements in this news release relate in future periods may be materially different from any suggested in this news release. Each company urges the reader to consider the risks and uncertainties to which each company is subject and which may cause actual results to differ materially from the expectations of each company or its management. Such risks and uncertainties may include, but may not necessarily be limited to fluctuations in the timing and volumes of customer demand, the rate of depletion of customer inventory buildup, each company’s dealings with third parties for essential goods, rights and services and each company’s achievement of revenue objectives and other financial targets. Other risks and uncertainties include, but are not necessarily limited to the timing and success of completion of their process development activities, new produc