Featured Articles

Nvidia Shield 2 shows up in AnTuTu

Nvidia Shield 2 shows up in AnTuTu

Nvidia’s original Shield console launched last summer to mixed reviews. It went on sale in the US and so far Nvidia…

More...
AMD CSO John Byrne talks ARM

AMD CSO John Byrne talks ARM

We had a chance to talk about AMD’s upcoming products with John Byrne, Chief Sales Officer, AMD. We covered a number…

More...
AMD Chief Sales Officer thinks GPU leadership is critical

AMD Chief Sales Officer thinks GPU leadership is critical

We had a chance to talk to John Byrne who spent the last two years as Senior Vice President and Chief…

More...
OpenPlus One $299 5.5-inch Full HD phone

OpenPlus One $299 5.5-inch Full HD phone

OnePlus is one of the few small companies that might disrupt the Android phone market, dominated by giant outfits like Samsung.…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 26 March 2012 11:29

Micron likely to buy Elpida

Written by Nick Farrell



Could spend $1.5 billion


The Dark Satanic rumour mill has suggested that Micron will be the winning bidder to purchase struggling chip maker Elpida.

Toshiba and Globalfoundries have all taken part in the bidding but it looks like Micron will win with a bid which is netween $1.3 billion and $1.5 billion. Elpida's main asset is its Hiroshima plant which is estimated to be worth about $1 billion.  It would mean that Micron would not have to built a new fab to expand.

Micron has $2.1 billion available in cash and short term investments.  Recently appointed chief executive officer Mark Durcan said that the company expects DRAM prices to recover, but explained that even if the company has been able to sell more NAND Flash and DRAM in the last quarter, the greater volume was offset by lower average selling prices.

Increased manufacturing capacity and cost improvements could be one way for Micron to protect itself in the future from downturns in the market. Micron recently made a similar move when it acquired Intel's shares in the flash memory joint-venture IM Flash.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments