Micron Makes Deal With Taiwanese Chipmaker

New Company will be MeiYa Technology

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.

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