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Business development company EntreMetrix Inc of Irvine, CA, USA is pursuing a joint manufacturing alliance in China for its venture company, Advanced Nitride Devices.
EntreMetrix is seeking a China-based partner to invest in the building of a wafer production operation to manufacture semiconductor devices for the Chinese market. The company says it is already evaluating prospective partners, and that it aims to establish an alliance by the end of 2007.
EntreMetrix’s CEO, Scott W. Absher, said: “…concern for more balanced trade between the US and China has encouraged an investment interest by China in joint ventures with US-based companies to develop technologies to be manufactured in China. The development of a joint manufacturing venture to produce gallium nitride (GaN) semiconductor technology under Advanced Nitride Devices makes a great deal of sense at this time. Clearly the manufacturing influence in China and the quest to pursue next-generation technologies using gallium nitride technology offer enormous opportunity.”
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Visit: http://www.entremetrix.com