DigiTimes | July 12, 2011 | Josephine Lien, Jessie Shen
Japan-based DRAM maker Elpida Memory has approved plans to raise up to JPY79.67 billion (US$994 million), including a rights issue and convertible bonds (CBs). The funds raised will go towards equipment upgrades for 30nm and 25nm process manufacturing and R&D of next-generation technologies.