Tuesday, April 24, 2007

UPDATE 4-Elpida Q4 profit jumps, but price falls hurt

(Reuters) - Elpida said it would fight price declines this year by squeezing more power into its dynamic random access memory chips for faster and lighter computers and feature-intensive mobile phones.

Like Taiwanese partner Powerchip Semiconductor Corp. and South Korean rivals Samsung Electronics Co. and Hynix Semiconductor Inc. , Elpida expects chip prices to hit bottom soon, probably in May or June, Elpida President Sakamoto said.


Read more at Reuters.com Market News

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