Feeds

Kingston invests $50m in Elpida

To boost DDR, DDR II output

  • alert
  • submit to reddit

Kingston Technology has paid Elpida ¥6 billion ($50.24 million) in exchange for non-voting stock, though neither company would say how much of a stake Kingston now has in the memory chip maker.

As per the $100 million Intel invested in Elpida earlier this year, the Kingston cash injection will be used, in part, to boost DDR II production at Elpida's Hiroshima 300mm wafer fab. Some of the funds will be invested in 400MHz DDR production lines too.

In addition to cash from Intel and now Kingston, Elpida has received almost $430 million from other, unnamed sources, plus an extra $80 million from its parents, Hitachi and NEC. ®

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.