Micron Technology Expected to Gain Control over Inotera and Nanya
[01/19/2009 11:15 AM]Micron Technology, a leading producer of dynamic random access memory (DRAM), is projected to gain control over Inotera Memories, a joint venture between Micron and Nanya Technology Corp., as well as Nanya. The move will significantly boost Micron’s market share and will be another evidence of ongoing trend of consolidation of DRAM industry.
The merger discussion between Micron, Inotera and Nanya are projected to be finalized shortly and the three companies will then present bailout plan to Taiwan Government, which promised to support local DRAM makers provided that they merge with each other or their partners abroad, said Charles Kao, president of Inotera Memories, in an interview with DigiTimes web-site.
Micron and Nanya's co-development model satisfies the government's desired for sustainability, Mr. Kao indicated. This substantially increases the bailout plan to receive positive resolution from the Government of Taiwan.
Earlier Inotera reduced headcount by 400, or about 4.5%, and cut capacity by 30% in order to reduce supplies of DRAM and boost its pricing as well as to cut its costs.
No actual details concerning the merge between Micron, Inotera and Nanya are known at present.
Tags: Business, DRAM, Micron, Inotera, Nanya
0
0
[Posted by: alpha0ne 
| Date: 01/21/09 07:25:48 PM]6:09 pm | Second-Generation Kinect Sensor for Windows Due in 2014 – Microsoft. Microsoft Discloses Additional Details About Kinect 2
4:24 pm | New Technique May Open Up an Era of Atomic-Scale Semiconductor Devices. Atom-Scale Semiconductor Devices May Be Incoming, Thanks to New Researchers
11:30 pm | Kinect Support Is Not Mandatory for Xbox One Video Games – Microsoft. Microsoft Will Not Require Compulsory Support of Kinect from Xbox One Games
11:20 pm | Thermaltake Publishes List of PSUs Compatible with Intel Cori i “Haswell” Chips. 20 PSUs from Thermaltake Are Compatible with Next-Gen Intel Chips
11:10 pm | European Amazon Stores Start to List Xbox One with €599 Price-Tag. Microsoft Xbox One May Cost €599 in Europe, If First Listings Are Correct
9:28 pm | Apple to Assemble Macs in Texas, Set to Manufacture Parts Across the U.S. Apple’s Plan to Move Production Back to U.S. Gets Shape
9:12 pm | Microsoft Confident in Lack of Quality Issues with Xbox One Hardware. Microsoft Vows Xbox One Will Not Have RROD-Like Issues
8:52 pm | AMD Officially Launches New-Generation APUs for Mobile Applications [UPDATED]. AMD Introduces Kabini, Temash and Richland Accelerated Processing Units
6:51 pm | OCZ Reveals Vertex 450 Solid-State Drives: High-End Performance at Mainstream Prices. OCZ Introduces New SSDs Based on Indilinx Barefoot 3 Controller
3:40 pm | Nvidia Unveils GeForce GTX 780: GK110-Based Consumer Solution for $649. Nvidia’s Cut Down Titan LE Becomes GeForce GTX 780
Make Home Page
Add to Favorites
Xbitlabs on Facebook
XbitLabs is using Twitter
Windows Live Alerts
