Memory makers spend a billion on joint venture

Technology, technology, technology

By INQUIRER Newsdesk

Mon Apr 21 2008, 13:20

MEMORY FIRMS Micron Technology and Nanya Technology have announced a DRAM joint venture called Meiya Technology.

The firms agreed to chip in $550 million each by the end of 2009 to get the operation up and running and will begin converting Nanya's 200 millimetre manufacturing plant in Taiwan into a 300mm facility.

The firms said they will also share technology and other stuff. µ

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Memory makers spend a billion on joint venture

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