Jiangsu Times Memory Wafer Factory fell into bankruptcy proceedings, and no one bought the lithography machine at the auction

News from this site on August 28, According to public information from the National Enterprise Bankruptcy and Reorganization Case Information Network, Jiangsu Times Xincun Semiconductor Co., Ltd. has officially entered the bankruptcy liquidation procedure. This company has a total planned investment of 130 The 12-inch wafer fab worth RMB 100 million has previously stated that it is "determined to build an annual output of 100,000 pieces of phase change memory."

After inquiries, this site learned that The People's Court of Huaiyin District, Huai'an City, Jiangsu Province officially accepted the bankruptcy liquidation case of Jiangsu Times Xincun Semiconductor Co., Ltd. in July 2023, and ordered the company's ASML The lithography machine is undergoing a public auction. It is reported that the price of the second-hand ASML lithography machine purchased by Times Core is US$28.68 million (note on this site: currently about 209 million yuan).

▲ Picture source National Enterprise Bankruptcy and Reorganization Case Information Network

However, according to the Taobao website of the People's Court of Huaiyin District, Huai'an City, Jiangsu Province According to public information on the judicial auction online platform, there is no potential buyer for this ASML lithography machine, and the auction information for this equipment has now been withdrawn.

▲ Picture source Taobao Judicial Auction Network Platform of Huaiyin District People’s Court, Huai’an City, Jiangsu Province

According to data, Jiangsu Times AMS Semiconductor Co., Ltd. (AMS) settled in the national Huaian High-tech Industrial Development Zone in October 2016. The total investment in the project is 13 billion yuan. The company is a joint venture established by Beijing Times All-Chip Storage Technology Co., Ltd. and Huaian Yuanxing Investment Co., Ltd., aiming to develop and produce storage products equipped with the latest PCM technology

Since its first launch on March 22, 2018 Since moving in the first piece of equipment, the company has entered the production equipment debugging stage, and in August 2019 released the first 2-megabit electrically erasable programmable read-only phase change memory based on phase change materials

phase change Memory is a new generation memory product based on phase change materials, and it is also the most mature new generation storage technology recognized by the industry. In addition to its huge advantages in reading and writing speed, it also has unique advantages in stability, power consumption and radiation resistance. Therefore, it can be widely used in industrial control, automobiles, mechanical equipment, smart homes, 5G networks, consumer electronics and other fields, with huge market potential

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