Milestones

Year 2008 
                    Mar.    Shipment qualification of 1Gb DDR2 DRAM product in 75/70nm productivity shrink
                              process technology
                    Jun.    Shipment qualification of 1Gb DDR3 DRAM product in 75/70nm process technology

Year 2007          
                    
Mar.    Grand Opening of Fab-2                
                    May.    First Silicon start in 75/70nm technology and introduction of 80nm technology
                    Sep.    Combined capacity of Fab-1 and Fab-2 reached approximately 120 thousand wafer 
                               starts per month
                    Sep.    Shipment qualification of 512Mb DDR2 DRAM product in 80nm process technology
                    Nov.    Shipment qualification of both 512Mb and 1Gb DDR2 DRAM product in 75/70nm 
                               process technology

Year 2006 
                    Jan.    Shipment qualification of 512Mb DDR2 DRAM product in 90nm technology
                    Mar.    Listing on
Taiwan Stock Exchange
                    May.    Offering of Global Depositary Shares (GDS) on Luxembourg Stock Exchange
                    Aug.    Reached 62 thousand wafer starts per month and total wafer starts in 90nm in Fab-1
                    Sep.    Shipment qualification of 1Gb DDR2 DRAM product in 90nm technology
                    Oct.     Equipment move-in of Fab-2

Year 2005 
                    May.    Groundbreaking of Fab-2
                    Jul.      Reached 54 thousand wafer starts per month in Fab-1
                    Aug.    Reached 60 thousand wafer starts per month in Fab-1
                    Nov.    Shipment qualification of 512Mb DDR1 DRAM product in 90nm technology

Year 2004 
                    Apr.    First Wafer of 256Mb DDR1 DRAM manufactured in 110nm technology
                    Jun.    Grand Opening of Headquarters 
                    Jul.     Shipment qualification of 256Mb DDR1 DRAM product in 110nm technology
                    Sep.   Shipment qualification of 512Mb DDR2 DRAM product in 110nm technology
                    Oct.    Reached 24 thousand wafer starts per month in Fab-1


Year 2003 
                    Jan.    Inotera Memories. Inc. incorporated
                    Oct.    Completion of Fab-1 construction
                    Dec.   Equipment move-in of Fab-1

Year 2002 
                    May.    Nanya and Infineon signed Memorandum of Understanding
                    Aug.    Construction start of Inotera's first 300mm fab (Fab-1)
                    Nov.    Nanya and Infineon signed Joined Development & Jointed Venture Agreement
                    
Dec.    Groundbreaking ceremony of Inotera Headquarters

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