Financial Times FT.com

ProMos signs deal with Elpida

By Robin Kwong

Published: November 7 2009 02:00 | Last updated: November 7 2009 02:00

ProMos, the Taiwanese D-Ram memory chipmaker, yesterday signed an agreement to provide manufacturing services to Japan's Elpida Memory.

Elpida will also licence the technology needed to produce future generations of the memory chips to ProMos. The move largely completes the realignment of the global D-Ram memory chip sector since the financial crisis a year ago exacerbated a protracted industry downturn.

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