Semiconductor acquisition begins operations

Omron has finalised its acquisition of the semiconductor business assets of Seiko Epson's consolidated subsidiary Yasu Semiconductor Corporation.

Omron has finalised its acquisition of the semiconductor business assets of Seiko Epson's consolidated subsidiary Yasu Semiconductor Corporation.

These business assets have been vested in Omron's wholly owned subsidiary, Omron Semiconductors, which will begin operations on 2nd April 2007.

Employing an 8in CMOS production line, Omron Semiconductors will begin by manufacturing nonvolatile memory and logic ICs on a commission basis, and will subsequently expand its production to include original semiconductor elements and other products.

Omron Semiconductors' sales target for fiscal 2007 is Y3 billion, and sales are expected to exceed Y5 billion by fiscal 2010.

Omron develops, manufactures, and markets custom ICs that offer functionality and cost-performance not found in general-purpose semiconductors, as well as MEMS (microelectromechanical systems) products such as flow sensors and pressure sensors that use semiconductor processes in their manufacture.

Omron Semiconductors will make it possible to further expand these semiconductor operations, while strengthening the Omron Group's line of semiconductor-equipped products.

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