Inotera to issue GDRs to fund 50nm transition

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Friday 17 July 2009 1

Inotera Memories' board of directors has decided to issue GDRs equivalent to a total of up to 800 million stocks in order to raise around NT$10 billion (US$303.81 million). The funding will mainly go towards converting the DRAM maker's 12-inch production...

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