Micron has postponed the purchase of the company Inotera Memories

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POSTER: computer news   ||   MICRON HAS POSTPONED THE PURCHASE OF THE COMPANY INOTERA MEMORIES	DATE:2016-06-09
After absorption of the Japanese memory manufacturer Elpida company , Micron company repurchased shares as part of the Taiwanese memory manufacturer in the face of the company's Inotera Memories (33%).  Company Inotera served the interests of Elpida and switched to work for Micron company .  According to the agreement, Inotera supplied Micron company about 35% of the memory chips from Micron total capacity.  In December last year, Micron announced that will buy shares of the company Inotera Memories and become the sole owner of the latter, on what is planned to spend a little more than $ 4 billion. The completion of the transaction scheduled for mid-July of this year, but something went wrong ... It is reported that Micron has agreed with Inotera company to postpone redemption of shares for one month.  Redeem a company in the stipulated period before categorically impossible.  The securities market has already reacted to the statement by Micron decline of stock prices in the range of 4%. All because of the DRAM market decline.  Against the background of computer memory overproduction and reduce the demand for DRAM chips from  PC market and even market tablets and smartphones memory manufacturers reduced revenues.  According to a recent the report DRAMeXchange, in the first quarter  this year DRAM market consistently in respect of quarterly prices have fallen by 16.6%.  At the same Micron company in the same period reduced earnings by 18.4%.   Related Products :

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