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Nanya to raise NT$30 billion for migration to 50nm

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia 0

The board of directors at DRAM chipmaker Nanya Technology has approved a plan to raise more than NT$15 billion (US$464 million) through a private placement at the end of June. Backed by its parent company, the Formosa Plastics Group, Nanya is confident...

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