Elpida to seek 30 bil. yen in capital from 3 foreign firms

Elpida to seek 30 bil. yen in capital from 3 foreign firms

TOKYO, Japan - Yukio Sakamoto, new president of Elpida Memory Inc., a maker of dynamic random access memory (DRAM) chips, speaks about his firm's future business plans at a news conference in Tokyo on Nov. 1. Industry sources said the company plans to seek capital infusions worth 30 billion yen from three foreign firms including U.S. microchip giant Intel Corp.

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