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AmberWave and Mitsubishi form strategic alliance to introduce strained silicon to Japanese semiconductor manufacturers
January 7, 2003
SALEM, N.H. -- AmberWave Systems, the complete commercial source for implementing market-ready strained silicon technologies, today announced it has formed a strategic alliance with Mitsubishi Corporation to introduce strained silicon to Japanese semiconductor manufacturers. Mitsubishi Corporation will act as AmberWave's exclusive agent in Japan and will help the company establish a presence in the Japanese market. Strained silicon has been gaining interest worldwide for its ability to increase the speed of computer chips while decreasing their power consumption, and AmberWave is the first company to have a commercialized version of this new material and process."Strained silicon offers semiconductor manufacturers the chance to break out of the ever increasing manufacturing cost spiral and instead look to materials advancements to improve performance, without adding excessive cost," said Yoshikazu Nose, General Manager of Mitsubishi Corporation Semiconductor and Electronic Devices Business Unit. "By guiding AmberWave's entry into the Japanese market, we have the opportunity to help Japanese manufacturers see materials advancement as a strategic investment that can provide a competitive edge."Under terms of the multi-year agreement, Mitsubishi Corporation will work with AmberWave to identify target companies, foundries and IDMs, and will act as AmberWave's sales agent in Japan. Mitsubishi Corporation's sales force will begin offering strained silicon test wafers and starter kits to Japanese companies looking to integrate strained silicon into their manufacturing processes. Mitsubishi Corporation will also work with AmberWave to help the company license its intellectual property to Japanese manufacturers.AmberWave Systems Corp.Mitsubishi Electric & Electronics USA Inc.
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