Categories: Devices, Global

Elpida to raise $990 million for new chips

Reuters | July 11, 2011 | Emi Emoto, Taro Fuse

Elpida Memory Inc plans to raise nearly 80 billion yen ($992 million) through new shares and convertible bonds as it shifts production away from DRAM memory to more profitable smartphone chips.

Read the full article here via Reuters

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