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S. KOREAN SMALL TECH FIRM SUES U.S. CHIP MATERIAL GIANT.
SEOUL, April 2 Asia Pulse - South Korea's small tech firm Semi-Materials Co. said sunday it had filed a damage suit against a U.S. chip material-making giant for its alleged breach of supply contracts.
Semi-Materials said it filed the suit with the U.S. District Court in St. Louis in September 2006, claiming that MEMC Electronic Materials, Inc. unilaterally scrapped deals to supply silicon ingot, a key material for semiconductors, inflicting damage to its business.
MEMC Electronics is one of the world's leading suppliers of semiconductor materials. Semi-Materials is a small-sized chip material processor established in 2000 with annual sales reaching 20 billion won (US$21.2 million) last year.
According to Semi-Materials, the two firms signed supply deals in mid-2005 under which the U.S. firm promised to provide chip materials, but MEMC ...
- S. Korean small tech firm sues U.S. chip material giant for breach of contract.
- News wire article from: YON - Yonhap News Agency of Korea April 1, 2007 700+ words
...suit against a U.S. chip material-making giant for its...supply contracts. Semi-Materials said it filed the suit...suppliers of semiconductor materials. Semi-Materials is a small-sized chip material processor established...
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...Chip News: Applied Materials, Inc. Added to Bellwether...energy sources. Applied Materials is, by far, the world...removing portions of chip material to allow precise construction...information on Applied Materials, Inc. are invited...
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Source: HighBeam Research, S. KOREAN SMALL TECH FIRM SUES U.S. CHIP MATERIAL GIANT.