California Micro Devices Announces Foundry Agreement with SANYO
June 24 2004 - 10:30AM
PR Newswire (US)
California Micro Devices Announces Foundry Agreement with SANYO
Agreement Expands Wafer Capacity for Company's High Volume Products
MILPITAS, Calif., June 24 /PRNewswire-FirstCall/ -- California
Micro Devices (NASDAQ:CAMD) today announced that it had entered
into a wafer supply agreement with SANYO Electric Co., Ltd. This
agreement establishes SANYO as a high volume manufacturing site for
California Micro Devices' Application Specific Integrated
Passive(TM) (ASIP(TM)) devices and analog semiconductors. This move
expands the wafer capacity available for building the company's
products designed for the mobile, computing and digital consumer
markets. The two companies have worked closely in transferring
California Micro Devices' proprietary ASIP(TM) manufacturing
processes to SANYO. California Micro Devices' products will be
built at SANYO facilities in Gunma and Niigata, Japan. "SANYO's
ability to support our ASIP(TM) and analog semiconductor
manufacturing needs has allowed us to move quickly to increase the
wafer processing capacity available to us," stated Manny Mere, vice
president of supply management at California Micro Devices.
"SANYO's technical expertise and commitment to the highest levels
of quality and responsiveness enhance our ability to support our
customer base with fast production ramps, diversified wafer supply
and rapid time-to-market." SANYO's SBU General Manager, Fumihiro
Dasai, stated regarding this agreement, "Our CMOS process features
embedded flash, analog-mixed signal and high-voltage process
technologies. We expect this foundry agreement will expand our
business scope while utilizing our technological prowess. We plan
to grow our future business with these technologies as our core
competence." About California Micro Devices Corporation California
Micro Devices Corporation is a leading supplier of application
specific analog semiconductor products for the mobile, computing
and digital consumer markets. Key products include Application
Specific Integrated Passive(TM) (ASIP(TM)) devices plus power
management and interface ICs. Detailed corporate and product
information may be accessed at http://www.calmicro.com/. About
SANYO Electric Co., Ltd. SANYO Electric Co., Ltd. is one of the
global consumer electronics giants leading the way in innovations
expanding technology for its strategic business domains, "Digital
& Device" and "Energy & Ecology." SANYO's businesses cover
a broad range, from AV/Information and Communications Equipment,
Home Appliances, Commercial Equipment, Electronic Devices, to
Batteries and others. For further information, please visit SANYO's
web site at http://www.global-sanyo.com/ . NOTE: ASIP(TM) and
Application Specific Integrated Passive(TM) are trademarks of
California Micro Devices. All other trademarks are property of
their respective owners. DATASOURCE: California Micro Devices
CONTACT: Richard Haas of California Micro Devices, +1-408-934-3108,
or Web site: http://www.global-sanyo.com/ Web site:
http://www.calmicro.com/
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