Taiwan seeks merger with restructured Elpida

February 29, 2012

(AP) -- Taiwan's government said Wednesday it would continue to push for the consolidation of the island's memory chip makers with Elpida Memory Inc., two days after the Japanese chipmaker filed for bankruptcy.

The Economics Ministry said in a statement that U.S. chipmaker Inc. is expected to continue to play a key part in the consolidation, which may include Elpida if the Japanese maker is restructured after bankruptcy.

Elpida filed for bankruptcy Monday after amassing debts from nose-diving prices. The Tokyo-based company, which employs more than 3,000 people, said its business was hit when prices of dynamic random access declined from about 2007, and got worse with the .

Elpida and Micron have discussed consolidation with the six Taiwanese DRAM makers for months to head off competition from South Korea's Samsung Electronics Co.

Samsung and another South Korean maker, Hynix Semiconductor, together control more than 60 percent of the world memory chip market, according to marketing firm TrendForce Corp.

Taiwan's Nanya Electronics has had technical cooperation for years with Micron. The company declined to comment on news reports that it has persuaded the Taiwan government to offer Micron more incentives to make a deal possible.

Rexchip Electronics, a Taiwanese maker in which Elpida has a majority stake, said it will sell its chips either to a restructured Elpida or find new buyers as it is seeking $135 million in outstanding payments from Elpida.

Explore further: Japanese chipmaker Elpida files for bankruptcy

0 shares

Related Stories

Japanese chipmaker Elpida files for bankruptcy

February 27, 2012

(AP) -- Computer chipmaker Elpida Memory Inc. filed for Japan's largest manufacturing bankruptcy Monday after amassing debts from nose-diving prices, competition from Samsung and flooding in Thailand last year that stifled ...

Elpida raises $145 million in Taiwan listing

February 24, 2011

(AP) -- Elpida Memory Inc. said Thursday it has raised 4.2 billion New Taiwan dollars ($145 million) in a secondary listing on the Taiwan Stock Exchange as the Japanese memory chip maker seeks alliances amid fierce competition.

Taiwan's TMC to team up with Elpida of Japan

April 1, 2009

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.

Elpida to buy Powerchip's DRAM operations: report

January 31, 2011

Japan's leading chip maker Elpida Memory will take over the DRAM operations of Taiwan's Powerchip Technology in a bid to increase competitiveness amid falling prices, the Nikkei said Monday.

Korean DRAM finds itself shut out of Japan

January 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

Firms push hydrogen as top green energy source

January 18, 2017

Over a dozen leading European and Asian firms have teamed up to promote the use of hydrogen as a clean fuel and cut the production of harmful gasses that lead to global warming.

WhatsApp vulnerable to snooping: report

January 13, 2017

The Facebook-owned mobile messaging service WhatsApp is vulnerable to interception, the Guardian newspaper reported on Friday, sparking concern over an app advertised as putting an emphasis on privacy.

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

gongii
5 / 5 (2) Mar 03, 2012
It would be silly for one to collaborate with AMD, just to fight Intel. Likewise, silly to collaborate with Elpida or Micron, not even number two, just to fight Samsung.

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.