Friday, February 27, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Lenovo Offers Free McAfee LiveSafe Following Superfish Security Concerns
Yahoo Gains Search Share
Twitter To Offer More User Safety Features
Google to Start Ranking Mobile-friendly Sites Higher
Qualcomm Extends LTE to Unlicensed Spectrum to Enhance Mobile Experiences
Toshiba Develops Multicore SoC For Image-Recognition Applications
Samsung Says Semiconductor Technology Can Easily Scale Down to 5nm
Ericsson Sues Apple Over Patent Infringement
Active Discussions
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
Why Double Logins ?
 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 Multicore SoC For Image-Recognition Applications
Toshiba Launches 8 Megapixel CMOS Image Sensor for Smartphones and Tablets
Toshiba Introduces New APs For For IoT Solutions
Toshiba Achieves 1Tbit per Square Inch Areal Density in a 2.5-Inch Hard Disk Drive
LG G Flex2 Smartphone Uses SK hynix LPDDR4 Memory
Toshiba, SK Hynix, To Accelerate Development of Nano Imprint Lithography
Toshiba Announces Encrypted USB Flash Drive
Compal To Take Over Toshiba's TV Business
LG Display, SK Hynix Benefit From Strong iPhone Sales
Toshiba Reorganization to Strengthen IoT-Related Business
Toshiba Develops Cloud System for Instantaneous Remote Control of One Million Devices
Toshiba Launches NFC Built-in SDHC Memory Card

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .