Posted on Monday, April 02 2012 @ 12:58 CEST by Thomas De Maesschalck
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.
