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Elpida becomes wholly owned unit of Micron

TOKYO, Japan - Yoshitaka Kinoshita, new president of Japanese chipmaker Elpida Memory Inc., speaks during a press conference in Tokyo as he took the post on July 31, 2013. Kinoshita replaced President Yukio Sakamoto as U.S. chipmaker Micron Technology Inc. said the same day it has completed the acquisition of the bankrupt Elpida Memory as its wholly owned unit.

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Elpida's manufacturing base in Hiroshima

TOKYO, Japan - Photo shows Elpida Memory Inc.'s mainstay plant in Hiroshima Prefecture on March 8, 2012. The Japanese chipmaker filed for court protection from creditors on Feb. 27, 2012 and later selected Micron Technology Inc. of the United States as its rehabilitation sponsor.

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Elpida creditors

TOKYO, Japan - Representatives of creditor banks and business partner companies gather for a meeting held by bankrupt chipmaker Elpida Memory Inc. in Tokyo on Feb. 29, 2012.

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Elpida files for bankruptcy protection

AKITA, Japan - Photo taken Feb. 27, 2012, shows Akita Elpida Memory Inc., a subsidiary of Japanese semiconductor maker Elpida Memory Inc., in Akita, Akita Prefecture. Elpida and Akita Elpida filed for bankruptcy protection with the Tokyo District Court the same day.

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Elpida files for bankruptcy protection

HIROSHIMA, Japan - Photo taken Feb. 27, 2012, shows Japanese semiconductor maker Elpida Memory Inc.'s plant in Higashihiroshima, Hiroshima Prefecture. Elpida filed for bankruptcy protection with the Tokyo District Court the same day.

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Elpida files for bankruptcy protection

AKITA, Japan - Photo taken Feb. 27, 2012, shows Akita Elpida Memory Inc., a subsidiary of Japanese semiconductor maker Elpida Memory Inc., in Akita, Akita Prefecture. Elpida and Akita Elpida filed for bankruptcy protection with the Tokyo District Court the same day.

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Elpida files for bankruptcy protection

TOKYO, Japan - Yukio Sakamoto, president of struggling Japanese semiconductor maker Elpida Memory Inc., holds a press conference at the Tokyo Stock Exchange on Feb. 27, 2012. Elpida said the same day it has filed for bankruptcy protection with the Tokyo District Court.

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Elpida files for bankruptcy protection

TOKYO, Japan - Yukio Sakamoto, president of struggling Japanese semiconductor maker Elpida Memory Inc., is pictured during a press conference at the Tokyo Stock Exchange on Feb. 27, 2012. Elpida said the same day it has filed for bankruptcy protection with the Tokyo District Court.

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Elpida files for bankruptcy protection

TOKYO, Japan - Yukio Sakamoto (2nd from R), president of struggling Japanese semiconductor maker Elpida Memory Inc., is pictured during a press conference at the Tokyo Stock Exchange on Feb. 27, 2012. Elpida said the same day it has filed for bankruptcy protection with the Tokyo District Court.

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Elpida files for bankruptcy protection

TOKYO, Japan - Yukio Sakamoto (2nd from R), president of struggling Japanese semiconductor maker Elpida Memory Inc., bows during a press conference at the Tokyo Stock Exchange on Feb. 27, 2012. Elpida said the same day it has filed for bankruptcy protection with the Tokyo District Court.

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Edano on Elpida's bankruptcy

TOKYO, Japan - Economy, Trade and Industry Minister Yukio Edano is pictured during a press conference at the ministry in Tokyo on Feb. 27, 2012, on the announcement by Japanese semiconductor maker Elpida Memory Inc. that it had filed for bankruptcy protection with the Tokyo District Court.

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Elpida Memory's Hiroshima plant

TOKYO, Japan - Undated file photo shows Elpida Memory Inc.'s plant in Higashihiroshima, Hiroshima Prefecture. The Japanese chipmaker currently undergoing rehabilitation is considering selling the mainstay plant to procure funds, sources close to the matter said Jan. 25, 2012.

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Elpida secures gov't approval for emergency fund injection

TOKYO, Japan - Yukio Sakamoto, president of struggling chipmaker Elpida Memory Inc., speaks at a news conference in Tokyo on June 30 after his company secured government approval to receive 30 billion yen (about $312 million) in emergency investment under a new financial aid program introduced amid the global recession.

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Elpida starts construction of world's DRAM plant

HIROSHIMA, Japan - Yukio Sakamoto, president of Elpida Memory Inc., briefs reporters at the Hiroshima Prefectural government office on construction of a dynamic random access memory chip plant which he claims has the world's largest production capacity. Elpidia, a joint venture between NEC Corp. and Hitachi Ltd., will invest some 450-500 billion yen in construction of the plant in Higashi-Hiroshima, Hiroshima Prefecture.

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Elpida Memory to raise 81.5 bil. yen for capital spending

TOKYO, Japan - Yukio Sakamoto (R), president of Elpida Memory Inc., Japan's sole domestic producer of dynamic random access memory (DRAM) chips, speaks at a press conference in Tokyo on June 5 about the company's plan to raise 81.5 billion yen for raising its DRAM manufacturing capacity.

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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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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. (Kyodo)

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Elpida starts construction of world's DRAM plant

HIROSHIMA, Japan - Yukio Sakamoto, president of Elpida Memory Inc., briefs reporters at the Hiroshima Prefectural government office on construction of a dynamic random access memory chip plant which he claims has the world's largest production capacity. Elpidia, a joint venture between NEC Corp. and Hitachi Ltd., will invest some 450-500 billion yen in construction of the plant in Higashi-Hiroshima, Hiroshima Prefecture. (Kyodo)

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Elpida creditors

TOKYO, Japan - Representatives of creditor banks and business partner companies gather for a meeting held by bankrupt chipmaker Elpida Memory Inc. in Tokyo on Feb. 29, 2012. (Kyodo)

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Elpida files for bankruptcy protection

TOKYO, Japan - Yukio Sakamoto (2nd from R), president of struggling Japanese semiconductor maker Elpida Memory Inc., bows during a press conference at the Tokyo Stock Exchange on Feb. 27, 2012. Elpida said the same day it has filed for bankruptcy protection with the Tokyo District Court. (Kyodo)

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Elpida files for bankruptcy protection

AKITA, Japan - Photo taken Feb. 27, 2012, shows Akita Elpida Memory Inc., a subsidiary of Japanese semiconductor maker Elpida Memory Inc., in Akita, Akita Prefecture. Elpida and Akita Elpida filed for bankruptcy protection with the Tokyo District Court the same day. (Kyodo)

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Elpida files for bankruptcy protection

AKITA, Japan - Photo taken Feb. 27, 2012, shows Akita Elpida Memory Inc., a subsidiary of Japanese semiconductor maker Elpida Memory Inc., in Akita, Akita Prefecture. Elpida and Akita Elpida filed for bankruptcy protection with the Tokyo District Court the same day. (Kyodo)

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Elpida files for bankruptcy protection

TOKYO, Japan - Yukio Sakamoto, president of struggling Japanese semiconductor maker Elpida Memory Inc., is pictured during a press conference at the Tokyo Stock Exchange on Feb. 27, 2012. Elpida said the same day it has filed for bankruptcy protection with the Tokyo District Court. (Kyodo)

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Elpida files for bankruptcy protection

HIROSHIMA, Japan - Photo taken Feb. 27, 2012, shows Japanese semiconductor maker Elpida Memory Inc.'s plant in Higashihiroshima, Hiroshima Prefecture. Elpida filed for bankruptcy protection with the Tokyo District Court the same day. (Kyodo)

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Elpida files for bankruptcy protection

TOKYO, Japan - Yukio Sakamoto (2nd from R), president of struggling Japanese semiconductor maker Elpida Memory Inc., is pictured during a press conference at the Tokyo Stock Exchange on Feb. 27, 2012. Elpida said the same day it has filed for bankruptcy protection with the Tokyo District Court. (Kyodo)

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Elpida files for bankruptcy protection

TOKYO, Japan - Yukio Sakamoto, president of struggling Japanese semiconductor maker Elpida Memory Inc., holds a press conference at the Tokyo Stock Exchange on Feb. 27, 2012. Elpida said the same day it has filed for bankruptcy protection with the Tokyo District Court. (Kyodo)

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Edano on Elpida's bankruptcy

TOKYO, Japan - Economy, Trade and Industry Minister Yukio Edano is pictured during a press conference at the ministry in Tokyo on Feb. 27, 2012, on the announcement by Japanese semiconductor maker Elpida Memory Inc. that it had filed for bankruptcy protection with the Tokyo District Court. (Kyodo)

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Elpida Memory's Hiroshima plant

TOKYO, Japan - Undated file photo shows Elpida Memory Inc.'s plant in Higashihiroshima, Hiroshima Prefecture. The Japanese chipmaker currently undergoing rehabilitation is considering selling the mainstay plant to procure funds, sources close to the matter said Jan. 25, 2012. (Kyodo)

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Senior METI official arrested over insider trading

TOKYO, Japan - Undated file photo shows Masaaki Kimura, a senior official of the Ministry of Economy, Trade and Industry. Japanese prosecutors on Jan. 12, 2012, arrested him on suspicion of engaging in insider stock trading involving a state-led bailout for microchip maker Elpida Memory Inc. (Kyodo)

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Elpida secures gov't approval for emergency fund injection

TOKYO, Japan - Yukio Sakamoto, president of struggling chipmaker Elpida Memory Inc., speaks at a news conference in Tokyo on June 30 after his company secured government approval to receive 30 billion yen (about $312 million) in emergency investment under a new financial aid program introduced amid the global recession. (Kyodo)

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Elpida Memory to raise 81.5 bil. yen for capital spending

TOKYO, Japan - Yukio Sakamoto (R), president of Elpida Memory Inc., Japan's sole domestic producer of dynamic random access memory (DRAM) chips, speaks at a press conference in Tokyo on June 5 about the company's plan to raise 81.5 billion yen for raising its DRAM manufacturing capacity. (Kyodo)

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Intel may consider taking stake in Elpida

TOKYO, Japan - Intel Corp. President Paul Otellini speaks at a Tokyo hotel on Oct. 4. He said later Intel may consider taking a stake in Elpida Memory Inc., a joint venture between Hitachi Ltd. and NEC Corp. (Kyodo)