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SK Hynix Semiconductor bids to take over Elpida

Posted on Monday, April 02 2012 @ 12:58:31 CEST by


X-bit Labs reports newly formed chip maker SK Hynix Semiconductor has made a bid to acquire Elpida Memmory:
"We have submitted our interest today, which is the initial bid deadline, and plan to decide whether to make a formal bid after thorough due diligence," SK hynix said in a statement to the Korean stock exchange, reports Reuters news-agency.

Being a company that offers a full specter of memory solutions, including all types of dynamic random access memory (DRAM), NAND flash and others, Hynix does not necessarily need Elpida to boost its portfolio in a bid to improve its competitive positions. Nonetheless, the company is clearly not interested in strengthening Micron or Toshiba, which is why it has to fight for Elpida.




 



 

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