Japanese chip maker Elpida Memory Inc plans to list its Taiwanese unit Rexchip Electronics on the Taiwan stock exchange in the second half of the next financial year ending March 2011, the Nikkei business daily reported on Thursday.

The DRAM chipmaker Rexchip is a joint venture between Taiwan's Powerchip and Elpida.

Samsung Electronics and other semiconductor makers are stepping up capital investment as demand recovers in the chip market and Elpida aims to keep up with rivals by securing funds through a public offering of Rexchip shares, the Nikkei said.

By: DocMemory
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