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In brief: Chinese consortium interested in UK DRAM fab

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Reliable reports said today that there could be an auction between a consortium led by STMicroelectronics and another group from mainland China. The Chinese group are interested in acquiring the fab in north east England outright, according to the sources. Yesterday, it was revealed that STMicro (formerly SGS Thomson) was heading a consortium of European firms which believe that DRAM will be more lucrative than it has been since the launch of Windows 95. The source said that the Chinese consortium, having observed the way DRAM prices were going and the failure of Japanese and Taiwanese firms to keep their businesses going successfully, was in negotiations with Siemens. ®

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