Micron Technology announces long-term agreement with Powertech Technology for assembly and packaging services in China
Clients Micron Technology, Inc.
Micron Technology, Inc. (Micron) and Powertech Technology Inc. (PTI), a leading supplier of integrated circuit (IC) backend services, have entered into a series of agreements forming the basis of a long-term strategic relationship for assembly and packaging services in Xi'an, China. Under the agreements, Micron will complement its existing test and module manufacturing operations in the Xi'an High Tech Zone through the construction of a new assembly and packaging facility. Upon its completion, PTI will occupy the assembly facility and provide Micron with assembly and packaging services for a period of several years.