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Electronics Production | February 11, 2009

Formosa Plastics in talks for Qimonda takeover

Taiwanese based Formosa Plastics has reportedly been approached by Qimonda with a takeover proposal.

Nanya Technology and Inotera Memories also belong to Formosa Plastics, a petrochemical business group based in Taiwan. The company has reportedly been approached by Qimonda for takeover, DigiTimes reports. Qimonda executive have reportedly met with Formosa Plastcis yesterday; executives from Inotera were also participating in the talks, the rport continues.
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