Sunday, October 23, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Internet Disruptions Were Caused By Attacked Connected Devices
TSMC, GlobalFoundries/Samsung To Present Their 7nm Platforms At IEDM
Hon Hai Gains Apple Mac Orders From Quanta
AT&T In Advanced Talks With Time Warner On Merger
LG's Next Flagship G6 Smartphone Won't be Modular
Samsung to Exchange Galaxy Note 7 with New Galaxy S8
Qualcomm Said to Be Near A Deal With NXP
AMD Revenue Forecast Falls Short of Estimates
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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.

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
Investors Sue Toshiba Over Accounting Scandal
Toshiba Starts Testing System For Future Self-driving Cars
Toshiba, Tohoku Electric and Iwatani Start Study of World?s Largest Hydrogen Energy System
Toshiba Introduces the Value-oriented OCZ TL100 SATA SSD Series
Toshiba Expands 24nm SLC Flash Family with 16Gb Offering
Toshiba Introduces the OCZ VX500 SATA SSD Series
SK Hynix to Expand Production Of Image Sensors At New 300mm Factories
Toshiba to Implement Eyefi Connected Features in Next FlashAir SD Cards
SK Hynix Challenges Samsung With Mass Production Of UFS 2.1 3D Memory Solution
Toshiba Debuts Flashmatrix Technology
Toshiba Announces New BG SSDs with 3-Bit-Per-Cell TLC BiCS FLASH
Toshiba's ZD6000 Dual Port NVMe SSD Offers A Capacity Of 7.68TB

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .