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Toshiba touted as Elpida white knight

1/3/2012 11:57 AM EST
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Aldushuxly
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Rookie
re: Toshiba touted as Elpida white knight
Aldushuxly   1/3/2012 7:34:51 PM
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Toshiba, Nanya nor Micron would buy Elpida with their debt load. It was the same with Quimonda, no one is going to pick up $6 Billion in debt combined with a couple of Billion in retooling costs. Toshiba got out of DRAM and will not get back in unless the gov't gives it a pile of free cash. My guess is they will do what Inotera did, spin off the DRAM Dog to die saddled with all of the debt and keep all of the profitable business and merge. (I just hope they come up with a better name than Qimonda)

krisi
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CEO
re: Toshiba touted as Elpida white knight
krisi   1/3/2012 3:48:29 PM
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Merged DRAM/flash strategy makes sense...worked for Samsung....Kris

resistion
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CEO
re: Toshiba touted as Elpida white knight
resistion   1/3/2012 1:02:54 PM
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Sandisk will panic and Intel should similarly rescue Micron.

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