Thu, Nov 05, 2009 - Page 12 News List

DRAM subsidy requests to be reviewed this month


The Ministry of Economic Affairs (MOEA) said yesterday that a review would be held later this month on requests for financial assistance from three DRAM manufacturers to support their restructuring plans.

The state-backed Taiwan Memory Co (TMC, 台灣創新記憶體公司), Powerchip Semiconductor Corp (力晶半導體) and the Kaohsiung-based Taiwan Creative Lab (台灣創造力實驗室) all applied for subsidies by last month’s deadline.

Although Taiwan Creative Lab is a one-man company and not well-known, it would be screened by the same standards as the others, an Industrial Development Bureau (IDB) official said.

The bureau was consulting with the review committee’s members to set a date for the review meeting, with the official saying he expected it would be held in the second half of the month.

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