Monday, January 13, 2003
Intel is poised to enter the DRAM market by investing in Japan's Elpida Memory, a DRAM microchip joint venture of Hitachi and NEC.
An Elpida spokesman declined to comment on the size of the possible investment, but the two firms are in talks with Intel for re-capitalization.
NEC and Hitachi intend to keep their combined share in Elpida at 51 percent or higher after the possible capital injection.
Elpida is Japan's sole major producer of DRAMs, the mainstay of computer memory chips and a market Japan once controlled.
"Although it is hard to expect an immediate synergy from an investment by Intel, the entry of Intel will be a significant burden for DRAM makers," an official at Samsung Electronics said.
By: DocMemory
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