Components | February 16, 2012

Elpida sees ‘Uncertainty’ about survival

With deadlines for debt repayment looming in April, Japanese DRAM manufacturer Elpida Memory sees 'uncertainty' over remaining in business.
Elpida has amended its latest fiscal report, it said in a statement. In it, the company outlines that it hasn’t been able to reach a deal with the trade ministry, the Development Bank of Japan and its main lenders. This means that Elpida’s ability to repay JPY 92 bilion in bonds and loans is jeopardised.


Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
July 18 2018 5:55 pm V10.0.0-1