Shulou(Shulou.com)11/24 Report--

CTOnews.com August 28 news, according to the national enterprise bankruptcy reorganization case information network public news, Jiangsu Times Core Storage Semiconductor Co., Ltd. has officially entered the bankruptcy liquidation process. The 12-inch wafer factory, which has a total investment of 13 billion yuan, had previously said that it was "determined to build 100000 phase change memories per year."

After inquiry, CTOnews.com learned that Jiangsu Huaian Huaiyin District people's Court formally accepted the bankruptcy liquidation case of Jiangsu time Core Storage Semiconductor Co., Ltd. in July 2023, and conducted a public auction of one of the company's ASML lithography machines. it is reported that the price of this second-hand ASML lithography machine purchased by time Core Storage is 28.68 million US dollars (CTOnews.com Note: currently about 209 million yuan).

However, according to the public information of Taobao Judicial auction platform of the people's Court of Huaiyin District, Huaian City, Jiangsu Province, there are no potential buyers for the ASML lithography machine, and the auction information of the equipment has now been withdrawn.

▲ source data from Taobao judicial auction network platform of the people's Court of Huaiyin District, Huaian City, Jiangsu Province, Jiangsu time Core Semiconductor Co., Ltd. (AMS) settled in the national Huai'an High-tech Industrial Development Zone in October 2016, with a total investment of 13 billion yuan, which was jointly established by Beijing Times whole Core Storage Technology Co., Ltd. and Huaian Yuanxing Investment Co., Ltd. Committed to the development and production of storage products equipped with the latest PCM technology.

The company has entered the commissioning stage of the production equipment since the first equipment was moved into the company on March 22, 2018, and the first 2-megabit electrically erased read-only phase change memory based on phase change materials was released in August 2019.

Phase change memory is a new generation of memory products based on phase change materials, and it is also recognized as the most mature new generation of storage technology in the industry. In addition to the great advantages in reading and writing speed, it has unique advantages in product stability, power consumption and anti-radiation performance, so it can be widely used in industrial control, automobile, mechanical equipment, smart home, 5G network, consumer electronics and other fields.

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