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.
Qimonda has announced today that it has reached an agreement with Micron Technology to sell its 35.6% stake in Inotera Memories, its joint venture with Nanya Technology, to Micron.
