Monday, October 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft To Launch A Wearable Device Soon
FCC To Explore High-frequency Wireless Technologies
Mozilla Hello Offers Voice and Video Calls Through The Browser
Samsung Adds Intel Processor To Chromebook 2
LG Ultra-Portable HD MiniBeam Projector Features Built-in Battery
Tweets To Feature Audio
New 64-bit Exynos 7 Octa Processor Supports Iris Recognition
Asus ROG Announces GR8 Gaming Mini-PC
Active Discussions
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
 Home > News > General Computing > Hynix, ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, March 30, 2012
Hynix, Toshiba Consider Bidding For Elpida


SK hynix Inc., formerly Hynix Semiconductor, submitted a proposal to bid for Elpida Memory, while Toshiba also considers invseting in the the Japanese chipmaker, which filed for bankruptcy protection last month.

The S. Korean semiconductor company will decide whether to make a final bid after due diligence, it said in a regulatory filing today. Toshiba also was considering a bid, a senior executive for the Tokyo-based company said today and reported by Bloomberg.

Korean industry watchers speculated the conglomerate could pool at least 1.5 trillion won (US$1.32 billion) in cash for the bidding. SK hynix is expected to invest around 4 trillion won this year to improve its facilities and overall competitiveness.

Bidders for Elpida?s assets may gain as much as 12 percent of the global market for dynamic random access memory, or DRAM, chips as the Tokyo-based company tries to revive itself after filing for bankruptcy with liabilities of 448 billion yen ($5.5 billion) on Feb. 27.

By acquiring Elpida, Hynix could narrow the gap with industry leader Samsung Electronics and fend off Micron Technology. At present, Samsung hold 44 percent of the world's memory chip market, with SK hynix trailing at 23 percent.

Elpida gained approval on March 23 for President Yukio Sakamoto to lead its revival plan after filing for Japan?s biggest bankruptcy in two years. The company plans to submit a restructuring plan by Aug. 21.

If Toshiba comes in and takes Elpida, they can be a serious competitor to Samsung and Hynix.

Micron has been also in talks with Elpida since the end of last year.


Previous
Next
Technical Differences Between Google's Gingerbread and Ice Cream Sandwich        All News        RIM Posts Loss, Considers New Business Plan
Google To Offer Publishers Alternative Way To Gate Access to Content     General Computing News      EU Decision on Sony and Universal EMI Take-over Expected In August

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Develops Lifelike Communication Android, Smart Glasses
New Toshiba Tecra C50 Laptop Delivers Security at Affordable Price
Toshiba to Develop New Transistor Series Using Latest Process Technology
Toshiba to Restructure Its PC Business
Toshiba 2014 4K UHD Models Now Available
Toshiba and SanDisk Celebrate the Opening of the Second Phase of Fab 5 and Start Construction of New Fab 2 Semiconductor Fabrication Facility
Toshiba Achieves world's Highest Rate of Quantum Encryption Key Data Distribution
Logitech Unveils Keyboard Designed For Your Computer, Smartphone and Tablet
Toshiba at IFA 2014
SK hynix Develops The Fastest Mobile DRAM
Toshiba Responds To Samsung, Introduces 3-Bit SSD
Toshiba's New Wearable Wristband Fitness Tracker Runs Two Weeks without Recharging

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .