At the same time Micron also announced it will buy 24 percent of Rexchip Electronics Corp. from Powerchip Technology Corp. and affiliates for about NT$10 billion (about $334 million). Elpida owns about 65 percent of Rexchip so, the two deals will give Micron an 89 percent stake in Rexchip.
Micron also buying Rexchip shares
Posted on Tuesday, July 03 2012 @ 20:23 CEST by Thomas De Maesschalck