PSPC Commences Commercial Production of New Mobile Memory Devices

Clark Freeport, Pampanga—(PHStocks)—Phoenix Semiconductor Philippines Corp. (PSE: PSPC) announced that it has successfully stabilized its commercial production of the new memory devices called the Embedded Multi-Media Card (eMMC). The company disclosed that the trial production in latter part of 2016 reached 2.8 million units. Planned production for the first quarter of 2017 is expected to total […]
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Samsung Ink Production Contract Renewal

Pampanga—(PHStocks)—Phoenix Semiconductor Philippines Corp. (PSE: PSPC) has signed with Samsung Electronics Co. Ltd (Samsung) and SFA Semicon Co. Ltd (SSK), formerly known as STS Semiconductor Telecommunications Co. Ltd (STS) the Master Agreement for the production of memory products for Samsung of South Korea. The existing Business Transaction Agreement (BTA) with Samsung provides for an extension […]
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Phoenix Semiconductor Nets $13.46M in 2015

Pampanga—(PHStocks)—Phoenix Semiconductor Philippines Corp. (PSE: PSPC) has reported that its net income after tax in 2015 totaled $13.46 million, down from the $17.45 million posted the previous year. The decline was attributed to the 10 percent drop in revenues of $208.86 million from the $233.33 million due to lower production volumes and demand from Samsung Electronics […]
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Phoenix Semiconductor Parent Gets Capital Injection

Clark, Pampanga—(PHStocks)—Parent company of Phoenix Semiconductor Philippines Corp. (PSE: PSPC), STS Semiconductor & Telecommunications Co. Ltd, filed a disclosure with the Korea Exchange (KRX) that reported the approval of its Board of Directors of the infusion of additional working capital by a new investor, SFA Inc., through convertible bonds; bonds with warranty; and the issuance […]
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Samsung Remains Committed to Partnership with PSPC

Pampanga—(PHStocks)—Phoenix Semiconductor Philippines Corp. (PSE: PSPC) said its parent company, STS Semiconductor and Communications Co. Ltd (STS), received a notarized official letter from Samsung Electronics Co. Ltd that confirmed its commitment to continue its business transactions with PSPC in line with its Business Transaction Agreement signed on 14 July 2010. The letter was issued by Samsung […]
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