Struggling Japanese chipmaker Elpida (ELPDF.PK) will seek a partnership with rival Micron (MU),...

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

Struggling Japanese chipmaker Elpida (ELPDF.PK) will seek a partnership with rival Micron (MU), claims local newspaper Yomiuri. Elpida, hit hard by crashing DRAM prices, has been desperately looking for financial assistance (I, II). Though Micron is in somewhat better shape, it has also been bleeding cash, and that could limit the extent of its financial support.