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Infineon, Mosel Vitelic and more: the wave of mergers has begun?
So, the predictions that, under the pressure of a difficult economic situation, the merger and amalgamation of DRAM companies will begin to come true. According to the Taipei Times of Taiwan, the local manufacturer of memory products Mosel Vitelic intends to merge with the German Infineon in the near future.
As you know, the two companies already have a joint venture Promos, however, this time, under pressure from a rather difficult financial situation, Mosel Vitelic, according to the newspaper, requested the merger.
Meanwhile, it became known that another Taiwanese DRAM manufacturer, which was already mentioned in today’s news, Winbond, in addition to reorienting production forces to produce alternative chips, would also not refuse to merge with a foreign partner, and most likely the Japanese Toshiba will become it.
So we got to the “love triangle”: everyone knows that Infineon has been negotiating with Toshiba for several months to unite its production forces. Infineon-Mosel Vitelic deal may slow down these negotiations. Toshiba recently announced more layoffs of workers, which means desperate attempts to stay afloat and maintain independence. However, under a certain set of circumstances, we can see the emergence of a transnational German-Taiwanese-Japanese syndicate. Forming, let’s say, right before our eyes.
Meanwhile, Micron angrily denied rumors of an impending sale of its facilities in Italy and the United States if DRAM prices continue to decline. It is possible that Micron still has the strength to withstand the price pressure offered by competitors, and for some time the company will be able to endure the current losses.
And more: news from the Taiwanese government. It was announced today that from the beginning of next year, Taiwan intends to significantly reduce the conditions for investing in the economy of mainland China. In particular, the “ceiling” of investments from one Taiwanese company was raised by $ 1.77 million. up to $ 2.35 million. The meaning of the measures taken is clear: who, if not the government, should take care of the stability of the national currency during the global crisis.
Source: The Inquirer