Elpida to launch rights issue, CB for JPY79.7 billion

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Elpida to launch rights issue, CB for JPY79.7 billion

Josephine Lien, Taipei; Jessie Shen, DIGITIMES

Tuesday 12 July 2011

Japan-based DRAM maker Elpida Memory has approved plans to raise up to JPY79.67 billion (US$994 million), including a rights issue and convertible bonds (CBs). The funds raised will go towards equipment upgrades for 30nm and 25nm process manufacturing...

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