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Elpida establishes new semiconductor company

Posted: 28 Aug 2003 ?? ?Print Version ?Bookmark and Share

Keywords:Elpida Memory? NEC? DRAM? memory chips?

DRAM manufacturer Elpida Memory Inc. has announced the establishment of a new semiconductor manufacturing company - Hiroshima Elpida Memory Inc. At the same time, Elpida, NEC Corp., and NEC Hiroshima have agreed to integrate the manufacturing operations of NEC Hiroshima Ltd, a wholly owned subsidiary of NEC Corp., into the new company.

Hiroshima Elpida is set to be established on September 1, 2003, as a wholly owned subsidiary of Elpida. This is expected to enable Elpida establish a strong framework for its entire DRAM business, including device development and marketing functions, as well as processing and production capabilities.

As part of the agreement, employees from NEC Hiroshima will be re-assigned to Hiroshima Elpida. Hiroshima Elpida will lease the property and the 200mm manufacturing facility from NEC Hiroshima. To date, Elpida has outsourced its 300mm wafer manufacturing to NEC Hiroshima. This agreement will enable Hiroshima Elpida to operate 200mm and 300mm manufacturing simultaneously. Hiroshima Elpida will continue to provide manufacturing outsourcing to NEC Electronics Corp.





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