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Elpida considers merger with ProMOS

Posted on Thursday, November 27 2008 @ 07:22:51 CET by


Elpida CEO Yukio Sakamoto confirmed his company is interested in merging with ProMOS, and perhaps even with PowerChip Semiconductor Corp.
The head of Elpida Memory, one of the world’s largest suppliers of dynamic random access memory (DRAM) chips, has confirmed that the company was interested to merge with ProMOS and, perhaps, even PowerChip Semiconductor Corp.

“We will consider merging with ProMOS Technologies,” Yukio Sakamoto, chief executive officer of Elpida said during his visit to Taipei, Taiwan, reports Taiwan Economic News. Besides, the Japan-based memory maker is also said to be “assessing the feasibility of merging with PowerChip Semiconductor (PSC).

Rumours about possible merge between Elpida, ProMOS and PowerChip emerged last week when it became clear that Mr. Sakamoto plans to visit Taiwanese authorities.

PowerChip Semiconductor is already collaborating with Elpida on capacity-for-technology terms and is generally likely to merge with the Japanese memory supplier in order to create a very competitive entity.



 



 

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