Micron makes offer to Taiwan's ailing DRAM
Sunday, 1 March 2009
TAIPEI, Feb 28 (Reuters): US memory chipmaker Micron (MU.N) has offered funds and unconditional technology transfers for Taiwan's struggling DRAM sector, the island's Economic Daily News said Saturday, citing a company executive.
In a bid to lead a consolidation of Taiwan's DRAM sector, Micron executive Michael Sadler said Friday that his firm could offer it "the most preferential conditions", bringing in more than $2 billion for a holding company, the paper reported.
Memory chipmakers in Taiwan are battling their worst-ever downturn as they face a supply glut and faltering consumer demand for electronic gadgets in the global economic downturn.
Taiwan makes nearly a quarter of all of the world's DRAM memory chips, which are found in personal computers and other electronic gadgets. The chipmakers' health serves as an indication of the strength of global technology demand.
The country's three biggest DRAM makers, Powerchip (5346.TWO), Nanya Technology (2408.TW) and ProMOS (5387.TWO), are working with the government as it considers various restructuring plans that could see them teaming up with global chip giants.
Micron and Japan's Elpida (6665.T) have been brought into the picture, with local media reporting that Elpida was likely to lead any effort to consolidate the Taiwan sector.
Sadler is the executive vice president of Inotera Memories Inc. (3474.TW), a DRAM joint venture between Micron nd Nanya.
In a bid to lead a consolidation of Taiwan's DRAM sector, Micron executive Michael Sadler said Friday that his firm could offer it "the most preferential conditions", bringing in more than $2 billion for a holding company, the paper reported.
Memory chipmakers in Taiwan are battling their worst-ever downturn as they face a supply glut and faltering consumer demand for electronic gadgets in the global economic downturn.
Taiwan makes nearly a quarter of all of the world's DRAM memory chips, which are found in personal computers and other electronic gadgets. The chipmakers' health serves as an indication of the strength of global technology demand.
The country's three biggest DRAM makers, Powerchip (5346.TWO), Nanya Technology (2408.TW) and ProMOS (5387.TWO), are working with the government as it considers various restructuring plans that could see them teaming up with global chip giants.
Micron and Japan's Elpida (6665.T) have been brought into the picture, with local media reporting that Elpida was likely to lead any effort to consolidate the Taiwan sector.
Sadler is the executive vice president of Inotera Memories Inc. (3474.TW), a DRAM joint venture between Micron nd Nanya.