Cypress Semiconductor transfers back-end packaging lines to China

March 27, 2012 — Cypress Semiconductor Corp. (Nasdaq:CY) transferred 7 back-end semiconductor package assembly lines from its Philippines facility to Chinese packaging subcontractor Jiangsu Changjiang Electronics Technology Co. (JCET, SSE: 600584).

The production will now take place at JCET’s C3 factory in Jiangyin City, China. The lines were qualified by Cypress’ automotive end-customers. The conventional package assembly line transfer was successful from Cypress’ standpoint and that of its automotive customers, said Shahin Sharifzadeh, EVP, WW Wafer Fabs and Technology and President, China Operations of Cypress.

Cypress delivers high-performance, mixed-signal, programmable semiconductors. Cypress trades on the Nasdaq Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.

JCET (Jiangsu Changjiang Electronics Technology Co., Ltd.) is a Chinese packaging subcontractor, providing full turnkey packaging assembly and test services with a package portfolio of BGA, flip chip, wafer-level, leadframe IC and discrete packages. JCET is listed on the Shanghai Stock Exchange under the stock ticker of 600584. Please visit www.cj-elec.com for more information.

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