Micron Makes Deal With Taiwanese Chipmaker

By Jill Kuraitis, 4-21-08

Boise’s NBC affiliate KTVB is reporting that a deal between Micron Technology and Nanya Technology of Taiwan will create a joint venture to make Dynamic Random Access Memory.

The joint-venture company will be known as MeiYa Technology Corporation.

According to KTVB, “Each company is putting $550 million toward the joint venture through the end of 2009 – and both Micron and Nanya will own a 50% share in the operation.”

Dynamic random access memory (DRAM) is the most common kind of random access memory (RAM) for personal computers and workstations.