Updated Tuesday, May 8, 2012 11:30 am TWN, The China Post news staff
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Pai made the remarks in the wake of reports that Elpida has selected U.S.-based Micron as its chief financial supporter. Micron is a strategic ally of Nanya Technology.
Commenting on the latest development, Pai said he still hasn't received Micron's official statement and therefore was not at liberty to comment on the situation.
“An ending to the Elpida situation, but, would be a positive thing for the industry,†he said.
Nanya Tech, meanwhile, surged yesterday as the TAIEX tumbled. At the end of trade, Nanya Tech closed at NT$ 2.47, up 6.93 percent. Inotera, another DRAM maker, closed at NT$ 8.65, up 4.09 percent.
The TAIEX fell 162.87 points yesterday to 7,538.08, in part on the outcome of the French presidential election.
Micron's winning of the bid was in line with the expectations of the market, which held the belief that Nanya Tech and Inotera would benefit from the victory.
According to analysts, Micron's taking of Elpida would expedite DRAM integration in the United States, Taiwan and Japan, while Micron would also get the technology for making mobile random access memory (mobile RAM) devices.
For Inotera, this development could contribute positively to its own mobile RAM effort and can help the company further narrow its losses, analysts said.
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