Qimonda to get funding from 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.