Micron and Nanya reject Taiwan Memory Corp offer

STRUGGLING MEMORY MAKER MICRON and its Taiwanese partner Nanya have decided not to become part of a joint venture planned and financially supported by the Taiwan government.

The proposed Taiwan Memory Corp, a $2 billion umbrella organisation set up to protect the island's ailing memory chip industry, wanted to consolidate DRAM makers including Nanya, Inotera, Powerchip, Rexchip, ProMOS and Winbond into one big happy family.

But Micron has decided that it doesn't want to share its intellectual property with the other companies and will instead form an alliance with Inotera which will directly compete with the government-sponsored venture. µ