Silicon Integrated Systems (SiS) has decided to spin off its graphics chip division (multimedia product division) as a new subsidiary in May or June under the name of Tu Chiang Technology (transliterated from Chinese), according to sources. Tu Chiang would be Taiwan"s first graphics chip design firm.
Jackson Hu, head of the design support division and president of the new business development group of United Microelectronics Corporation (UMC), reportedly will become chairman of SiS"s new subsidiary. Hu joined the SiS board of directors early this year after SiS and UMC settled their patent infringement lawsuit and re-established their partnership. Chris Lin, vice president of SiS"s multimedia product division, will become president of Tu Chiang, sources added.