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.

Foreign firms optimistic about Chinese market despite headwinds of epidemic

STORY: Foreign firms optimistic about Chinese market despite headwinds of epidemic DATELINE: April 29, 2022 LENGTH: 0:02:18 LOCATION: PINGHU, China CATEGORY: ECONOMY SHOTLIST: 1. various of companies in China 2. SOUNDBITE 1 (English): YIN XIAOSHENG, Xinhua correspondent 3. SOUNDBITE 2 (Chinese): NEO MA, Operation director, Stabilus 4. SOUNDBITE 3 (Chinese): ZHANG WEIPING, Vice general manager, Trutzschler Textile Machinery STORYLINE: Despite uncertainties induced by COVID-19, foreign companies in east China's Zhejiang Province still pin high hopes on the Chinese market and plan to further increase investment. SOUNDBITE 1 (English): YIN XIAOSHENG, Xinhua correspondent "Three years into the COVID-19 pandemic, business confidence in China remains high. According to a report released by foreign chambers of commerce in China, the country remains one of the top three priority investment destinations for over 60% of foreign companies in their near-term global investment plans. But don't just take it from me. Thi

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. (Kyodo)