Qimonda to get funding from Russian government?

Posted on Friday, Apr 24 2009 @ 19:23 CEST by Thomas De Maesschalck
X-bit Labs reports bankrupt German memory maker Qimonda may receive money from the Russian government:
After numerous failed attempts, troubled memory maker Qimonda, which faces liquidation, seems to have found a potential investment. The office of Saxony, Germany, prime minister this week issued report that the Russian Federation’s government agreed to consider investment into Qimonda.

A spokesperson for Stanislaw Tillich, prime minister of Saxony, said that the Russian prime minister Vladimir Putin ordered Viktor Khristenko, minister of industry and trade, to consider potential investments into Qimonda after meeting Mr. Tillich in Moscow, Russia, early this week.


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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