Kingston and other enterprises to build the world's largest wafer testing company

Kingston technology company (Kingston Technology Japan, Japan LLC) before the date announced that the company has and ADVANTEST Corporation (Advantest), Powertech Technology Inc (Powertech Technology) and Elpida memory (Elpida Memory) reached an agreement. Under the agreement, Kingston will be on a new joint venture company invested 3 billion yen (about $26 million 700 thousand), and has a 26.8% stake in the joint venture.

It is reported that the new company, Tera Probe Inc. will become the world's largest wafer testing service company. Tera Probe will provide wafer testing services for Elpida and other Japanese semiconductor companies. Tera Probe is expected to start operations in 2005 of October, it will be located in Japan, about 300 employees.

Kingston co-founder and chief operating officer David Sun said: "we are on the Tera Probe show that Kingston is committed to investment and such as Elpida dynamic random access memory (DRAM) technology leader."

Mr Sun added: "Elpida technology, Advantest wafer test equipment and Powertech assembly and test services support Kingston's powerful memory products, and further enables us to provide all our customers around the world to a continuous supply of products."