Toshiba Corp has announced that it will reorganize its semiconductor development affiliates under the umbrella of Toshiba Semiconductor Company in an effort to enhance the design and development function of its system LSI and memory business groups.
Reviewing functions of the two development companies under the system LSI business group, Toshiba will relocate one of them under the system LSI business group and the other under the memory business group. As a result, the discrete business group in addition to these two business groups will have a development company under each.
Toshiba will aim at swift technology development and integrated operation that would meet business strategy, establishing each business group's design development framework through this reorganization, the company said.
Toshiba Microelectronics Corp will be placed under the system LSI business group. System LSI-related design and development functions of Toshiba Microelectronics and Toshiba LSI System Support Co Ltd currently under the system LSI business group will be integrated into Toshiba Microelectronics.
Strategically distributing its resources, Toshiba will fortify development resources of its mainstay businesses as well as increasing development efficiency, the company said. After the integration, Toshiba Microelectronics will be wholly capitalized by Toshiba at ¥500 million (US$4.87 million). The company will start operation with 1,562 employees July 1, 2008.
Meanwhile, a new memory development company will be established under the memory business group. The new company will formulate memory specifications, develop products, establish volume production systems and support sales promotion in alliance with the memory business group's development department, as well as developing built-in controllers for NAND flash memory.
The name of the new company has not been determined. It will also be wholly capitalized by Toshiba at ¥100 million. Its operation will start July 1, 2008, with 195 employees.
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