Ex-Elpida CEO's China Fab Plan Dropped?
Junko Yoshida
1/25/2017 12:27 PM EST
Yukio Sakamoto, the former Elpida CEO, hatched Sino King Technology with plans to gather hundreds of senior chip engineers from Japan, Taiwan and Korea. The startup began its life as part of a $7 billion project conducted by the city of Hefei, capital of Anhui province in eastern China. The project included a wafer fab to produce cutting-edge semiconductors in its city.
Sino King started with 10 Japanese and Taiwanese engineers, with plans to hire experts in design and production technology, aiming to employ around 1,000 engineers.
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