Elpida Memory, which is struggling to repay its debts due by early April, has issued a statement disclosing uncertainty about the company's ability to continue its operations as talks with Japan's trade ministry, state-owned bank and private banks appear to stall.
Elpida rumored to be resuming tie-up talks with Toshiba
Thursday 16 February 2012Elpida Memory may be resuming talks with Toshiba about integrating business operations, which has been pushed by the Japan government, according to industry sources. Terms set for...
Uncertainty over Elpida debt talks arises
Wednesday 15 February 2012
Japan-based memory chip vendor Elpida Memory, which is struggling to repay its debts due by early April, has issued a statement disclosing uncertainty about the company's ability...
Elpida dismisses reports it plans to sell Hiroshima plant
Thursday 9 February 2012Elpida Memory has dismissed a Nikkei report that the Japan-based memory chipmaker is looking to sell its plant in Hiroshima.
Elpida posts larger loss in fiscal 3Q11
Friday 3 February 2012Elpida Memory has reported net losses of JPY42.1 billion (US$553 million) for its fiscal third quarter ended December 31, 2011 compared to losses of JPY29.6 billion a year ago. Consolidated...
Possible versions to fix Elpida debt repayment crunch
Tuesday 31 January 2012Japan-based memory chipmaker Elpida Memory reportedly is struggling to repay its debts due by early April, and therefore is exploring various options to raise funds in time. Industry...
Micron to buy US$500 million worth of Elpida shares, says report
Monday 30 January 2012Micron Technology reportedly will spend at least US$500 million to buy a stake in Japan rival Elpida Memory, according to a Chinese-language Economic Daily News (EDN) report...
DRAM firms should consider merging, say Nanya and Inotera executives
Thursday 19 January 2012DRAM makers should consider uniting to tackle industry issues, according to CC Wu, chairman for Nanya Technology. Charles Kau, president of Inotera Memories, also echoed Wu's statement...
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