Micron (MU) has agreed to purchase all of the DRAM manufactured by its Inotera JV; previously,...

|About: Micron Technology Inc. (MU)|By:, SA News Editor

Micron (MU) has agreed to purchase all of the DRAM manufactured by its Inotera JV; previously, Micron and JV partner Nanya each purchased half of Inotera's output.  Also, Nanya (29% stake) will no longer take part in a DRAM R&D program with Micron (40% stake), and has obtained a royalty-bearing IP license from the U.S. memory maker. The JV amendment increases Micron's DRAM sales clout ahead of the closing of the Elpida deal. (earlier)