1. Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Micron Biggest Shareholder of Inotera Memories

Discussion in 'News' started by btarunr, Feb 23, 2012.

  1. btarunr

    btarunr Editor & Senior Moderator Staff Member

    Oct 9, 2007
    34,216 (9.26/day)
    Thanks Received:
    Hyderabad, India
    Micron Technology emerged as the biggest shareholder of Inotera Memories, with 40% stake in the company. This follows Nanya Technology's decline in shareholding from 30% to 26%. Micron had recently taken up new shares of Inotera in a private placement for about NT$5 billion (US$169.1 million), or NT$6.55 per share. DigiTimes notes that the fresh investment by Micron will help expedite DRAM and NAND flash capacities in Taiwan, Japan, and the US; which will helpD RAM makers to deliver integrated DRAM/NAND flash solutions to clients to improve ASPs and profitability, according to Inotera president Charles Kao.


    Source: DigiTimes
    10 Year Member at TPU

Currently Active Users Viewing This Thread: 1 (0 members and 1 guest)