(Taipei News) July 29th, 2005 － Winbond today announced that the Board of Directors has passed a capital injection of USD 20 million for WEC Investment Holding Ltd. (WIH). The purpose of the capital injection is to finance the general working capital of Winbond Israel Ltd.
After acquiring the Advanced PC (APC) Division of National Semiconductor in this April, Winbond Israel was founded. The transition has been completed and has substantial contribution to the Company's operation.
Winbond has a solid foundation in the Motherboard related I/O domains. By acquiring a series of products from APC, the Company expects to see the synergy in the notebook and server market so that the Company's product lines would be more completed and its competitiveness would be further enhanced.
Spokesperson
Wilson Wen
Vice President of Administrative Center
Tel：03-5792755
News Liaison
Mike Liu
Deputy Director
Tel：03-5792516
Email：ckliu@winbond.com