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!

Or
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

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

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.

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?