Summary Box: Taiwan seeks merger in chip industry

THE VISION: Taiwan’s government wants a consolidation of the island’s memory chip makers with Japan’s Elpida Memory Inc.

THE IMPETUS: Elpida filed for bankruptcy protection on Monday after amassing debts from nose-diving prices. The Tokyo-based company says its business was hit when prices of dynamic random access memory chips declined from about 2007, and got worse with the global downturn.

ONGOING DISCUSSIONS: Elpida and U.S. chip-maker Micron Technology Inc. have discussed consolidation with the six Taiwanese DRAM makers for months to head off competition from South Korea’s Samsung Electronics Co.

Views: 0

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes