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.
Despite an agreement with banks for a new loan, ProMOS Technologies has yet to work out a deal with bondholders for redeeming its ECBs, prompting market regulators to decide to downgrade...
A consortium of nine Taiwan banks have agreed to extend a syndicated loan of NT$3 billion (US$87.5 million) to DRAM maker ProMOS Technologies, which is facing a cash crisis. The agreement...
Pushing for the consolidation of the local DRAM industry and technological transfers from foreign players, Taiwan's Ministry of Economic Afairs (MOEA) has seen two separate camps...
ProMOS Technologies has been granted an extension on the deadline to redeem its ECB, according to a company February 13 filing with the Taiwan Stock Exchange (TSE). The DRAM maker...
Japan's Elpida Memory and its Taiwanese partners reportedly will emerge as the winning camp in a race to receive support from the Taiwan government, which is seeking ways to forge...
Taiwan's Economics Minister Chii-Ming Yiin has said that a budget from the National Development Fund, under the government's rescue plan for the island's ailing DRAM industry, will...
ProMOS Technologies issued a filing with the Taiwan Stock Exchange (TSE) to respond to Taiwan media reports claiming that it will likely fail in its bid to secure a syndicated loan...
Micron Technology has announced that it has jointly developed a low-power DDR2 (LPDDR2) DRAM technology with Nanya Technology for mobile and consumer applications, with initial die...
DRAM maker ProMOS Technologies is still negotiating with banks over a syndicated loan of NT$5 billion (US$147 million), promising to provide NT$15 billion worth of production equipment...
Nanya Technology and its joint venture with Micron Technology, Inotera Memories, have jointly submitted a proposal to Taiwan's Ministry of Economic Affairs (MOEA) seeking to consolidate...
The Formosa Plastics Group, Taiwan's largest petrochemical business group to which Nanya Technology and Inotera Memories belong, has been approached by Qimonda over the possibility...
A Taiwan official has dismissed a report that claimed the Taiwan government had decided to invest in Japan-based Elpida Memory in an effort to save the local DRAM industry.
Winbond Electronics is open to possible consolidation in Taiwan's DRAM industry, according to company vice chairman and deputy chief executive officer (CEO) Ching-Chu Chang.
Japan's Elpida Memory, the world's third-largest computer memory chipmaker, posted a fifth straight quarterly loss as a result of market erosion. The company said that an accelerated...
Powerchip Semiconductor Corporation (PSC) saw its January sales grow 22% sequentially, despite having a 70% drop on an on-year basis. The DRAM maker said 50 jobs have been cut in...
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