The scrum for bankrupt Japanese chipmaker Elpida Memory (ELPDF.PK) is heating up with...

|About: Elpida Memory (ELPDF)|By:, SA News Editor

The scrum for bankrupt Japanese chipmaker Elpida Memory (ELPDF.PK) is heating up with private-equity firms TPG Capital and Hony Capital looking at a joint bid for the No. 2 memory-chip manufacturer. The firms are expected to join SK Hynix (HXSCF.PK) in a second round of bidding, scheduled to close April 27. (previously)