Featured Articles

AMD sheds light on stacked DRAM APUs

AMD sheds light on stacked DRAM APUs

AMD is fast tracking stacked DRAM deployment and a new presentation leaked by the company  points to APUs with stacked DRAM,…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Intel launches new mobile Haswell and Bay Trail parts

Intel launches new mobile Haswell and Bay Trail parts

Intel has introduced seven new Haswell mobile parts and four Bay Trail SoC chips, but most of them are merely clock…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 11 July 2011 14:52

Elpida plans to raise $987 million

Written by Nick Farell
elpida_logo

Needs to make more product
Memory maker Elpida saw its shares tumble after it announced it wanted to raise $987 million by selling shares and convertible bonds. The chipmaker plans to sell 57.3 million new shares which is equivalent to 27 percent of Elpida’s outstanding stock.

Elpida, bailed out by the government in 2009. It’s the unprofitable company’s sixth fundraising plan since 2009. The outfit needs to invest in factories to keep up with Samsung.

However analysts think that the company is flogging too many shares and that it will dilute the value of what it has on offer. Elpida specializes in DRAM which is an industry where companies driven out of the business by low-cost competitors and cycles of boom-and-bust. The last recession killed off German memory-chip maker Qimonda.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments