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Inspur no longer interested in Qimonda

Posted on Thursday, March 19 2009 @ 04:25:03 CET by

Inspur International, a Chinese computer and IT company, announced it's no longer interested in acquiring a 50 percent stake in insolvent memory maker Qimonda.
Inspur International, a Shandong, China-based computer and information technology company, said it was not interested in acquiring a 50% stake in Qimonda AG, reports Bloomberg news-agency. The first reports about a company based in Chinese province interested in taking over Qimonda emerge in early February when Infineon’s supervisory board chairman said about a possible transaction in an interview without naming potential investor.
The German memory maker is getting ready to halt production completely, and will be liquidated if no investor is found before the April 1st, 2009.



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