Taiwan's TMC to team up with Elpida of Japan

Apr 01, 2009
Taiwan Memory Company, a new government-backed firm set up to consolidate the island's memory-chip industry, has said it is set to form a partnership with Japan's Elpida Memory Inc.

Taiwan Memory Company (TMC), a new government-backed firm set up to consolidate the island's memory-chip industry, said Wednesday it will form a partnership with Japan's Elpida Memory Inc.

The decision comes as US Micron Technology Inc. also expressed a "strong" intention in a tie-up, TMC added.

"The company is still discussing with the two companies the pertinent details," a TMC statement said.

Elpida, the world's third largest maker of chips used in mobile phones and home electronics, already has a joint venture with Powerchip Semiconductor Corp, while Micron is in partnership with Nanya Technology Corp.

The TMC tie-up will aim to secure badly needed core technologies and consolidate the local industry to upgrade the island's competitiveness in the DRAM (dynamic ) chip market, the economics ministry said.

Taiwan said last month it would set up TMC to restructure the island's memory-chip sector and announced that industry veteran John Hsuan, honorary vice chairman of Taiwan's United Microelectronics Corp, will head it.

Government investment would not exceed 50 percent, according to the ministry.

Details of TMC have not been finalised, but the ministry said it would not rule out a merger of Taiwan's six DRAM manufacturers, which have posted huge losses and turned to the government for assistance.

In the nine months to September, the island's four leading DRAM makers jointly booked a record net loss of more than 90 billion Taiwan dollars (2.6 billion US), with a full-year loss surging to 120 billion Taiwan dollars.

(c) 2009 AFP

Explore further: Renesas announces SRAM using leading-edge 16 nm FinFET for automotive information systems

add to favorites email to friend print save as pdf

Related Stories

Korean DRAM finds itself shut out of Japan

Jan 27, 2006

Japan may claim that the countervailing duty it slaps against Korean DRAM chip maker Hynix from today is just a protest against unfair trade practices and to curb dumping, but there's a widespread belief that the country ...

Recommended for you

Off-world manufacturing is a go with space printer

1 hour ago

On Friday, the BBC reported on a NASA email exchange with a space station which involved astronauts on the International Space Station using their 3-D printer to make a wrench from instructions sent up in ...

Cadillac CT6 will get streaming video mirror

2 hours ago

Cadillac said Thursday it will add high resolution streaming video to the function of a rearview mirror, so that the driver's vision and safety can be enhanced. The technology will debut on the 2016 Cadillac ...

Sony faces 4th ex-employee lawsuit over hack

2 hours ago

A former director of technology for Sony Pictures Entertainment has sued the company over the data breach that resulted in the online posting of his private financial and personal information.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.