What is the next action of Spansion?
What to Spansion Limited Company in the warehouse? Without glare manufacturer appraise choose in report i.e. means of payment seller can seem, and it suggest, take the risk of while being back too trouble, scattering in China.
On the 15th of January, the company announces it is selling or amalgamating and exploring the strategic choice to once. Micron, Toshiba and other is possible applicants.
CEO of Spansion resigned last week. Announce the plan too in balance sheet constructing it again. Then, this week, Japanese of Spansion unit says it applies to go bankrupt and protect.
In other words, Spansion is in the middle of a kind of crisis. Because ask whether Spansion will be filed bankrupt in U.S.A. for chapter 11, some has already been considered, a spokeswoman of company says: ” In law, this filing (in Japan) Don’t need filing management guarantee, work persevering to help guide Company reform the course through the structure outside advisor automatically in U.S.A.. We can’t be in (Japan) Comment on the notice in thinking deeply. ”
Still report back it manages China to drink and fail. Spansion and Taiwanese advanced semiconductor project Limited Company (ASE) Hint recently a memorandum of understanding is tenable in enterprises once in China, IC meeting of the concurrent ownership Spansion of Suzhou manages.
” Discussion together with ASE of us continue, but we can offer date until trade those shut off possible till that time, ” Spansion spokeswoman says.
There are other problems. Eat the seller, Verigy Limited Company, hints its sale from a user, it is reported it is influenced because Spansion does not pay.
” We have a common policy not considered or commented on to rumour on the market, ” The spokeswoman is increased.
IC that Taiwan pack, and test technological Co., Ltd., ChipMOS of house, pay one destruction of notice one purpose that service agree with end and Spansions recently Notice.
Spansion has not account receivable of reimbursement with about 18 million dollars ChipMOS at about 57 million dollars in the course of in arrears withing at present, according to packing the house of IC. ChipMOS offers the packaging IC and tests that serve for Spansion.
