Micron buys into Inotera for $400m

ThraxThrax 🐌Austin, TX Icrontian
edited October 2008 in Science & Tech
Micron's 9 October announcement that they would be scaling back Flash production and jobs seems pretty bizarre now that they're going to throw $400 million at Inotera, the joint venture between Nanya and Qimonda.

Under the terms of the agreement, Micron's stake in... Continue reading

Comments

  • MiracleManSMiracleManS Chambersburg, PA Icrontian
    edited October 2008
    From the sound of things, this all seems related. I can't imagine that Seagate getting into the NAND-based flash realm didn't make Micron say "Well...I guess we better move on somewhere else". Seems like they're moving away from it entirely.
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