Fri, Dec 23, 2011 - Page 12 News List

Nanya denies tie-up talks with Elpida

By Lisa Wang  /  Staff Reporter

Nanya Technology Corp (南亞科技), the nation’s biggest PC DRAM chipmaker, yesterday denied any knowledge of a plan to engage in technology and capital tie-up talks with Japan’s biggest memory chipmaker, Elpida Memory Inc, as has been reported in the media.

The Taoyuan-based chipmaker’s comments came after Nikkei Business Daily reported yesterday that Elpida Memory was set to start talks next month with Nanya to form an alliance. Creating a holding company was one of approaches being studied, the Nikkei said.

The speculation came after most local DRAM chipmakers drifted into deep losses because of weak chip prices, which have plunged over 55 percent since May this year, based on Taipei-based market researcher TrendForce Corp’s (集邦科技) tally.

“We hereby clarify that Nanya had not been informed of, nor acknowledged, the news,” Nanya spokesman Pai Pei-lin (白培霖) said in an e-mailed statement yesterday.

Nanya said it has no intention to drop its current technology and business partner Micron Technology Inc. Apart from jointly developing next-generation technologies with Micron, Nanya also formed a DRAM manufacturing venture, Inotera Memories Inc (華亞科技), with its US partner in Taiwan to produce memory chips.

Nanya reported its seventh quarterly loss for the third quarter, during which its losses widened to NT$12 billion (US$396 million).

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