Micron actually bought two memory manufacturers in one move

Jul 3, 2012 10:31 GMT  ·  By

Micron surprised those less familiar with the insights of the memory industry and actually acquired Taiwanese memory manufacturer Rexchip along with ELPIDA. Now, Micron has increased its memory manufacturing capacity by about 50 percent.

The first and most important aspect of the deal is that it offers Micron better control on the memory channel and prices and a fighting position against a giant like Samsung that is already able to sway the market pretty much in any direction they desire.

The assets Micron has reportedly acquired through Elpida are the Japanese memory maker’s 300mm DRAM factory in Hiroshima and an assembly and test facility in Akita, Japan.

The move to buy Rexchip is motivated by the fact that Elpida already owned a 65 percent stake in the Taiwanese memory manufacturer.

Now, that Micron bought Powerchip group’s 24% share of Rexchip Electronics Corp. for about 334 million dollars, it owns 89 percent of Rexchip.