Micron buys stake in Rexchip

08/1/2013 | eWeek · EE Times India (free registration)

As it wrapped up its long-pending acquisition of Elpida Memory, Micron Technology has purchased a 24% equity stake in Rexchip Electronics from Powerchip Technology. Elpida already owned 65% of Rexchip, so the latest purchase gives Micron about 89% ownership in Rexchip and access to all of Rexchip's product supply. Elpida and Rexchip's plants can turn out more than 185,000 300-millimeter wafers each month, putting Micron behind only Samsung Electronics in memory chip production capacity.

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eWeek · EE Times India (free registration)

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