Under the Innovation Incubation Alliance, TSMC and SVTC will work with developers to bring to market new applications in micro-electro-mechanical systems (MEMS), biochips and other devices incorporating new materials and structures. The agreement is the latest in a series of collaborations between the two companies.

The SVTC Fast-Transfer process provides solutions that drive yields for products transferred to TSMC to achieve a fast revenue ramp. Companies with conceptual or undeveloped products will utilize SVTC for development and commercialization of new technologies. As product demands increase, SVTC will transfer the customers' processes to TSMC for volume manufacturing.

Joseph Bronson, chief executive at SVTC, said: "There are a number of promising applications that could inspire entire new industries, but many lack a clear path to commercialization and high-volume manufacturing. The alliance will enable innovators to develop new products and bring the best of these devices into volume production."

Earlier this year, chip giant Intel and TSMC announced a partnership to integrate their technology platforms, intellectual property infrastructure, and system-on-chip products.

A service of YellowBrix, Inc.