Spansion and XMC Announce Licensing Agreement

SUNNYVALE, Calif. and WUHAN, China, Aug. 1, 2013 /PRNewswire/ -- Spansion Inc. (NYSE: CODE), a global leader in Flash memory-based embedded systems solutions, and XMC, China's fastest growing 300mm semiconductor foundry, today announced an agreement for XMC to license Spansion's floating gate NOR Flash technology. The agreement expands the companies' 300mm manufacturing partnership of Spansion's proprietary 65nm, 45nm and 32nm MirrorBit® Flash memory technology.

(Logo: http://photos.prnewswire.com/prnh/20060118/SFW077LOGO)

"Spansion's IP program allows valuable partners such as XMC to leverage our strong portfolio of nonvolatile memory technology to enhance their products and offer the technology and its benefits to their customers," Joe Rauschmayer, senior vice president of wafer fabrication, corporate quality and product engineering of Spansion. "We look forward to our continued partnership with XMC to drive innovation in the market."

"This agreement further strengthens the successful partnership we have had with Spansion, and adds significantly to our world class IP coverage enabling us to reliably and securely deliver high-value IP solutions to partners worldwide," said Walt Lange, senior vice president of sales and marketing at XMC. "We are well positioned to offer leading-edge 300mm-based manufacturing capacity based on the most advanced process nodes, down to 32nanometer. This greatly enhances our ability to help partners like Spansion and others deliver advanced semiconductor solutions for the demanding markets they serve."

The Spansion and XMC collaboration began in 2008. XMC foundry services, along with Spansion's flagship manufacturing facility in Austin, Texas, are central to Spansion's fab lite manufacturing strategy. Spansion utilizes world-class flash memory fabs from both existing internal facilities as well as foundry partnerships to create a flexible, cost-efficient manufacturing network.

Resources:

• Spansion newsroom: http://news.spansion.com/
• Spansion blog: http://blog.spansion.com
• Spansion on Twitter: http://www.twitter.com/Spansion 
• Spansion on Facebook: http://www.facebook.com/Spansion
• XMC newsroom: http://www.xmcwh.com/news-events/

About Spansion
Spansion (NYSE: CODE) is a global leader in Flash memory-based embedded systems solutions. Spansion's Flash memory, microcontrollers, mixed-signal and analog products drive the development of faster, intelligent, secure and energy efficient electronics. Spansion is at the heart of electronics systems, connecting, controlling, storing and powering everything from automotive electronics and industrial systems to the highly interactive and immersive consumer devices that are enriching people's daily lives. For more information, visit http://www.spansion.com

About XMC
XMC is an emerging leader in semiconductor manufacturing, with a unique partnership model and a specialized technology focus. The company offers comprehensive 300mm foundry services built on proven technology expertise and a commitment to excellence in customer service. It first began production in 2008 and is headquartered in Wuhan, China. More information can be found at www.xmcwh.com

Spansion(R), the Spansion logo, MirrorBit(R), and combinations thereof, are trademarks and registered trademarks of Spansion LLC in the United States and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.

SOURCE Spansion Inc.