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Rescuing the DRAM industry
The DRAM industry accounts for about 10% of global semiconductor revenues, and chronic oversupply and diminished demand has led to a near collapse in the industry, with related shock waves affecting growth in the semiconductor and related equipment markets.

In Taiwan, the government has been eyeing a rescue package for struggling DRAM players, but consolidation in the industry is expected to continue.
IN THE NEWS
Thursday 26 March 2009
PSC chairman says DRAM shortage will occur in 3Q
Frank Huang, chairman of Powerchip Semiconductor Corporation (PSC), said during a press conference held yesterday (March 25) that the DRAM chip sector will experience a substantial...
Tuesday 24 March 2009
ProMOS still facing loan uncertainty
DRAM chipmaker ProMOS Technologies has seen more than 79% of its ECB bondholders accept its tender offer, meeting the minimum ratio set by its syndicate banks in order to gain a loan...
Monday 23 March 2009
PSC commits to cooperating with government, but gives priority to self-rescue efforts
Powerchip Semiconductor Corporation (PSC) will follow the Taiwan government's plans for overhauling the country's DRAM industry although there is a discrepancy between the government's...
Monday 23 March 2009
DRAM chipmakers Nanya and Inotera gain capital support from Formosa Plastics
Taiwan's Nanya Technology and Inotera Memories have received additional capital of over NT$10 billion (US$296 million) from parent company the Formosa Plastics Group, according to...
Monday 23 March 2009
ProMOS says more than 79% of bondholders accepting buyback offer
Taiwan's ProMOS Technologies has announced that as of March 23, 2009, more than 79% of bondholders (number excluding the 12% held by its syndicate banks) have indicated their intention...
Thursday 19 March 2009
Taiwan Memory to eventually consolidate DRAM makers into one entity, says premier
Taiwan's premier said Wednesday that the government will eventually seek to combine all local DRAM makers into one single entity to compete with Samsung Electronics, but its present...
Wednesday 18 March 2009
ProMOS extends ECB early tender offer again
Taiwan's ProMOS Technologies has announced that the early tender offer period for its convertible bond buyback has been extended to 14:00 (UTC) on March 21, 2009, and the expiration...
Wednesday 18 March 2009
PSC says no plan to join Taiwan Memory
Powerchip Semiconductor Corporation (PSC), one of Taiwan's struggling DRAM chipmakers, has claimed it has no plan to participate in Taiwan Memory Company (TMC). The remark came one...
Wednesday 18 March 2009
PSC completes sale of Rexchip shares
Powerchip Semiconductor Corporation (PSC) has announced the sale of 79.25 million Rexchip Electronics shares at a per-share price of NT$11.17 (US$0.33) to Elpida Memory. PSC will...
Tuesday 17 March 2009
Kingston says no plan to invest in TMC
Kingston Technology has dismissed speculation that it plans to acquire 5-10% of a new DRAM company that the Taiwan government is setting up, saying it would not commit itself to investing...
Monday 16 March 2009
Rexchip is now Elpida's consolidated subsidiary
Elpida Memory today announced that it has acquired a portion of the shares its strategic partner Powerchip Semiconductor Corporation (PSC) owned in Rexchip Electronics, a Taiwan-based...
Monday 16 March 2009
PSC asking workers to take one-week unpaid furloughs, says paper
Powerchip Semiconductor Corporation (PSC) plans to implement a new phase of cost-cutting measures starting from March 20, according to a Chinese-language cnYES.com report.
Monday 16 March 2009
Kingston to invest in Taiwan Memory, says paper
Kingston Technology may take up a 10% stake in Taiwan Memory, the new DDRAM company that the Taiwan government is planning, the Chinese-language Commercial Times reported...
Monday 16 March 2009
Qimonda still seeking buyers
Qimonda, which on January 23 filed for insolvency, said in a recent statement that talks with potential investors regarding a solution to keep the company in operation will continue...
Thursday 12 March 2009
Elpida and PSC initiate new partnership talks
Japan-based DRAM maker Elpida Memory has initiated a new round of cooperation talks with its Taiwan-based counterpart Powerchip Semiconductor Corporation (PSC) after the Taiwan government...