Originally posted on March 9, 2009 @ 11:19 pm
The global economic crisis is really making its presence felt in the computer hardware industry with the regular news of company reorganizations and various measures being undertaken to weather the economic storm.
One significant news that has come out recently is Taiwan’s decision to set up a new company that aims to band together various local memory chip manufacturers and infuse it with technology that it will get either from Elpida of Japan or Micron from the US.
The Taiwan government is spearheading this so called restructuring the the country’s dynamic random access memory manufacturing sector in the hopes of helping it get its footing and make it more stable because at present, it is suffering from heavy financial losses in the last few quarters because of so much oversupply.
The foundations of this move was actually begun last December when Taiwan’s top DRAM makers, namely Powerchip, Nanya Technology and ProMOS, began working with the government on formulating a restructuring plan that would lead to proposals to team up with Elpida and Micron.
The new company will be called Taiwan Memory Company and this new entity will initiate and continue research, production and brand marketing so that it could better compete with the leading global players like Samsung and Hynix.