Taiwan-based Winbond Electronics, a supplier of niche-market DRAM and NOR flash, on September 19 announced that it has secured a syndicated bank loan of NT$7 billion (US$236 million) over a period of five years.
The loan will be used to purchase machinery and equipment necessary for process technology upgrades, Winbond said.
Winbond previously remarked that it is migrating to 46nm technology for SDRAM products and 58nm for NOR chips to further lower production costs.