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Rescuing the DRAM industry
The DRAM industry accounts for about 10% of global semiconductor revenues, and chronic oversupply and diminished demand has led to a near collapse in the industry, with related shock waves affecting growth in the semiconductor and related equipment markets.

In Taiwan, the government has been eyeing a rescue package for struggling DRAM players, but consolidation in the industry is expected to continue.
IN THE NEWS
Thursday 5 February 2009
Elpida seeks capital injections from Japan, while likely losing spot in Taiwan government-led funding
Elpida Memory is reportedly considering applying for funding from the Japan government and simultaneously may attempt to attract equity investments from other Japan-based enterprises...
Thursday 5 February 2009
Taiwan banks halt ProMOS loan
Nine Taiwan banks which reportedly have agreed to provide a syndicated loan of NT$5 billion (US$148 million) to DRAM chipmaker ProMOS Technologies have postponed the lending process,...
Thursday 5 February 2009
Hynix operating loss widens in 4Q08 on ASP erosion
Hynix Semiconductor has posted a net loss of 1.33 trillion won (US$964 million) in the fourth quarter of 2008, with negative 88% of net income margin. This marked the fifth straight...
Wednesday 4 February 2009
Taiwan government to turn more active in supporting local DRAM makers, says minister
Chii-Ming Yiin, Taiwan's Minister of Economic Affairs, has said that the government is looking to be more actively involved in some consolidation among DRAM chip makers. The government...
Wednesday 4 February 2009
Kingston acts as guarantor for ProMOS loan
Kingston Technology has agreed to act as a guarantor for ProMOS Technologies' application for a syndicated loan of NT$5 billion (US$148 million) from nine local banks, according to...
Tuesday 3 February 2009
ProMOS receives NT$5 billion bank loan
ProMOS Technologies, one of Taiwan's financially-troubled DRAM chip suppliers, will receive a syndicated loan of NT$5 billion (US$148 million) from nine local banks, industry sources...
Monday 2 February 2009
Qimonda insolvency improves oversupply-driven downturn; DRAM spot prices up
DRAM spot prices have trended upwards since Qimonda filed for bankruptcy last week. The German DRAM maker's insolvency announcement is expected to reduce supply growth, helping to...
Monday 2 February 2009
Inotera accounts receivable from Qimonda total NT$3.4 billion
Inotera Memories, a joint venture between Micron Technology and Nanya Technology, has revealed in a company filing with the Taiwan Stock Exchange (TSE) that it is working with Micron...
Monday 2 February 2009
Winbond vows to protect rights from Qimonda insolvency
Winbond Electronics said in a filing with the Taiwan Stick Exchange (TSE) yesterday that the company has uncollected accounts receivable worth NT$950 million (US$28.12 million) from...
Friday 23 January 2009
Samsung posts losses for 4Q08
Samsung Electronics has posted net losses of 20 billion won (US$14.55 million) for the fourth quarter of 2008, as its semiconductor and LCD businesses both saw operating losses.
Thursday 22 January 2009
ProMOS sells property to Kingston
ProMOS Technologies, whose deadline for redeeming ECBs (euro convertible bonds) is nearing, has sold a piece of 8,362-square meter land, plust structures on it, to memory module specialist...
Thursday 22 January 2009
Elpida offers to let Taiwan government become its biggest shareholder in exchange for funding
Japan-based DRAM maker Elpida Memory is currently in negotiations with Powerchip Semiconductor Corporation (PSC), Rexchip Electronics and ProMOS Technologies over a merger deal and...
Wednesday 21 January 2009
Timing crucial to DRAM consolidation, says A-Data chairman Simon Chen
Digitimes recently talked to Simon Chen, chairman of A-Data Technology, about the Taiwan government's bailout program for the island's fragile DRAM industry. According to Chen, the...
Wednesday 21 January 2009
DRAM maker Nanya losses widen in 2008
DRAM specialist Nanya Technology's losses widened in 2008, during which its capital expenditure (capex) was sharply slashed due to the general economic decline. Inotera Memories,...
Tuesday 20 January 2009
PSC may get extension for bank loan repayment
A request by Powerchip Semiconductor Corporation (PSC) to further extend its bank loan repayments is expected to be allowed, according to market sources.