Kingston Technology is interested to invest 10% stake in Taiwan Memory, the new DRAM company that the Taiwan government is planning to formed.

The Taiwan government on March 5 introduced Taiwan Memory Company (TMC), which is on a mission to carry out "fundamental restructuring" of the island's DRAM industry. Appointed head John Hsuan said that TMC is looking to seek investors in addition to the government, which has committed to holding less than 50% of the new entity.The operation of TMC is expected to officially kick off in six months, with an initial capital set at NT$80-100 billion.

Kingston's backend service supplier Powertech Technology (PTI) is also mulling investing in the new memory entity, according to the paper.

The Taiwan government on March 5 introduced Taiwan Memory Company (TMC), which is on a mission to carry out "fundamental restructuring" of the island's DRAM industry. Appointed head John Hsuan said that TMC is looking to seek investors in addition to the government, which has committed to holding less than 50% of the new entity.

By: DocMemory
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