OKI, Faraday Technology, and UMC/UMCJ Partner to Deliver 90 nm and Below Design-to-Manufacture Services for Consumer Market

Customers can take advantage of Faraday's rich IP portfolio, OKI's

front-end design expertise, and UMC/UMCJ's manufacturing excellence

Jan 28, 2007, 00:00 ET from Faraday Technology Corporation

    HSINCHU, Taiwan, and TOKYO, Jan. 28 /PRNewswire/ -- Oki Electric
 Industry Co., Ltd. (TSE:6703), an innovative leader in the info-telecom,
 semiconductor and printer technologies, UMC Japan (UMCJ, JASDAQ: 6939),
 UMC's Japan based subsidiary, and Faraday Technology Corporation (TAIEX:
 3035), a world leading fabless ASIC design service and silicon IP provider,
 today announced a partnership to offer streamlined design-to-manufacture
 services to target the global consumer market. The three-way partnership
 will allow customers to leverage the synergies of Faraday's extensive IP
 selection, OKI's front-end design expertise, and pervasive sales channels,
 and UMC/UMCJ's manufacturing excellence.
     OKI and UMC have shared a successful and productive partnership since
 2003. Along with the steady increase of IDM's adopting the "fab-lite"
 model, OKI establishes 90 nm and below design infrastructure to provide
 customers with competitive products. Faraday Technology was the optimal
 choice for expanding this partnership due to its extensive IP pool
 optimized for UMC's process technologies. The design-to-manufacturing
 partnership enables OKI to dedicate resources that would otherwise be used
 to construct a fab to focusing on its competitive product development and
 marketing strategies.
     "Our strength is the OKI global brand, Japan and world wide market
 expertise and sales channels," said Masahiko Morioka, President of Silicon
 Solutions Company at Oki Electric Industry. "OKI's business partnership
 with UMC and UMCJ in the past has complemented OKI's system LSI
 development. Now we are looking forward to Faraday's inputs of its beyond
 90 nm IPs, design services and back-end support to bring more cost
 effective solutions with better performance and fast turnaround time to the
 Japanese and Asian markets. This agreement also enables us to focus our
 resources more effectively on our system know-how, marketing, and customer
     Frank Wen, President of UMCJ, said, "With more than four years of
 successful cooperation with OKI to serve the Japanese market, we are
 pleased to expand this partnership by including Faraday with its advanced
 90 nm portfolios and back-end support. With the comprehensive set of
 solutions available through this three-way partnership, we look forward to
 passing these benefits on to customers in the Japan market."
     "We are very happy that OKI has chosen us as their IP and design
 service partner to consumer market. Faraday will benefit from OKI's global
 brand, its Japan market channels and long-term relationship with its
 customers," said H. P. Lin, CEO of Faraday Technology. "OKI's brand plus
 UMC and UMCJ's manufacturing partnership further expands Faraday's global
 business scope."
     Faraday offers logic and mixed-signal ASICs, IPs and libraries down to
 65 and 90 nanometers. At the current stage, Faraday provides OKI with its
 90 nm IP portfolios and back-end design services. Faraday's silicon-proven
 IP portfolio is targeted for applications including digital
 imaging/video/surveillance, networking, and PC peripheral platforms.
     About Faraday Technology Corporation
     Faraday Technology Corporation is a leading silicon IP and fabless ASIC
 vendor founded in 1993. The company's broad IP portfolio includes cell
 libraries, memory compilers, 32-bit RISC CPUs, DSPs, MPEG-4, H.264,
 PHYs/Controllers for USB 2.0, Ethernet, Serial ATA, PCI Express, etc. With
 more than 700 employees and 2006 revenue of US$171 million, Faraday is one
 of the largest fabless ASIC companies in the Asia-Pacific region, and it
 also has significant presences worldwide. Headquartered in Taiwan, Faraday
 has service and support offices around the world, including the U.S.,
 Japan, Europe, and China. For more information, please visit:
     About UMC
     UMC is a leading global semiconductor foundry that manufactures
 advanced process ICs for applications spanning every major sector of the
 semiconductor industry. UMC delivers cutting-edge foundry technologies that
 enable sophisticated system-on-chip (SoC) designs, including volume
 production 90 nm, industry-leading 65 nm, and mixed signal/RFCMOS. UMC's 10
 wafer manufacturing facilities include two advanced 300 mm fabs; Fab 12A in
 Taiwan and Singapore-based Fab 12i are both in volume production for a
 variety of customer products. The company employs approximately 12,000
 people worldwide and has offices in Taiwan, Japan, Singapore, Europe, and
 the United States. UMC can be found on the web at http://www.umc.com.
     About UMC Japan
     UMC Japan (UMCJ) is Japan's first and only dedicated-silicon foundry,
 which provides advanced technologies and semiconductor manufacturing for
 contract customer. The company is a subsidiary of Taiwan based UMC (United
 Microelectronics Corp.). Further information can be found at
     About Oki Electric Industry Co., Ltd.
     Oki Electric Industry Co., Ltd. is Japan's first telecommunications
 manufacturer founded in 1881, with its headquarters in Tokyo, Japan. OKI
 provides top-quality products, technologies and solutions to its customers
 through its info-telecom system business, semiconductor business and
 printer business. All three businesses function as a collective force to
 create exciting new products and technologies that satisfy a spectrum of
 customer needs in various markets. Visit OKI's global web site at
                                 Press Contact
     Faraday                  UMC                     OKI
     Michelle Yang            Alex Hinnawi            For Europe and Americas:
     +886-3-578-7888          +886-2-2700-6999          Naomi Takeuchi
     ext.8433                 ext.6958                  +1-408-737-6479
     shyang@faraday-tech.com                            press@oki.com
                              UMCJ                    For Asia and Other Areas:
                              S&M Div. MKT &            Akiko Horiguchi
                              FAE Dept.                 +81-3-3580-8950
                              Anchi Chen                press@oki.com

SOURCE Faraday Technology Corporation