Micron acquires part of Toshiba's DRAM business

Micron Technology made a second wave in the memory chip waters on Monday with an announcement that it has acquired part of Toshiba's memory business, after announcing another deal earlier in the day to take on the memory operations of South Korea's Hynix Semiconductor.

Micron has taken control of Toshiba's commodity DRAM (dynamic RAM) operations at Dominion Semiconductor, a subsidiary of Toshiba located in Virginia, the company said in a statement. Micron paid $US250 million and issued 1.5 million shares of its stock in order to complete the deal.

The move came on the same day that Micron, based in Idaho, and Hynix announced a preliminary agreement valued at close to $US3.4 billion that would give Micron control of Hynix's memory operations and also part of the company, including its customised chip design and manufacturing assets.

The deals mark a growing trend toward consolidation in the memory industry, particularly for DRAM, which is used as main memory inside personal computers, said one analyst.

Micron is looking for the DRAM facility to help it lower memory costs and open up a new option for building DRAM with a .13 micron manufacturing process, the company said in the statement. The company expects to transfer its .13 micron technology to the Dominion plant by year's end but would not provide further details on when manufacturing would begin.

Toshiba's DRAM facility was originally formed as a joint venture with IBM but became wholly owned by Toshiba in 2000.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Ashlee Vance

PC World
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?