Former Nanya Technology Corp (南亞科技) president Charles Kau (高啟全) yesterday said he would push for a collaboration between Taiwan and China in DRAM business, after resigning earlier this week.
In an internal letter sent to Nanya Technology employees, Kau said he would stay at the helm at Inotera Memories Inc (華亞科技), a DRAM venture between Nanya and US-based Micron Technology Co, and will remain on the Nanya Technology board.
Kau did not say if he would be moving to China’s Tsinghua Unigroup Ltd (清華紫光) as widely speculated in local media this week. There were reports saying he is to help the state-run Chinese firm enter the DRAM business.
In the letter Kau said that it was time for him to take the next move, as Nanya and Inotera have both fared well in the DRAM business.
Nanya has significantly improved its profitability over the past three years, boosting its book value to nearly NT$50 billion (US$1.52 billion), Kau said.
“I have left because I want to create a career that is totally different from what I did,” Kau wrote in the letter.
“Facing strong competitors, the company has to change its existing strategies. Companies across the [Taiwan] Strait have to combine their efforts to push for consolidation in the world’s DRAM industry. Thus, we can be more competitive and create a win-win situation,” he wrote.
He did not elaborate on what the cross-strait cooperation would be.
China is one of the world’s biggest memory chip markets, consuming about 22 percent of global demand this year, market researcher TrendForce Corp (集邦科技) said.
Separately, Nanya yesterday said it would postpone the issuance of 320 million new common shares to existing shareholders to Jan. 19 due to volatile stock prices at home and overseas.
The company aims to raise between NT$15 billion and NT$20 billion this year from the share offering to fund its technology migration.
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