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Kingston said no plans to invest in new DRAM Company


Wednesday, March 18, 2009

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 in the new venture..

Kingston said that it welcomes the establishment of TMC, but it is still uncertain how TMC will operate and position itself in the DRAM supply chain.

The US-based memory module maker said it would be against Kingston culture to invest in a new company during the difficult times while deserting its long-term reliable partners from the troubled DRAM industry.

Kingston said it is keeping its industrial role as neutral as possible, and intends to retain positive relationships with its existing chip suppliers.

By: DocMemory
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