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Latest News
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With its planned purchase of Japan's Elpida Memory, Micron Technology is forecast to become the world's second largest supplier of dram.
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Following a deal between the two companies, Micron Technology will 'acquire and support' memory manufacturer Elpida. Under the agreement, Micron will pay ¥60billion ($750million) in cash to acquire all outstanding shares in Elpida. It will also pay ¥140bn ($1.75bn) over the next eight years for foundry services.
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A possible merger between US firm Micron Technology and Japan's Elpida Memories could yield a new force to counter Samsung and 'rock the dram market to its core', according to market analyst IHS iSuppli.
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