Message from the President
Elpida Memory is a semiconductor manufacturer specializing in the production of Dynamic Random Access Memory (DRAM) products. Our company has learned from the mistakes committed by previous Japanese companies in the DRAM business. Today we are moving forward toward our goal of becoming the No. 1 DRAM company in the world. In particular, we stress two key business points overlooked by the management of Japanese companies in the past, "rapid-response decision-making" and "focused resources."
In our view, the DRAM industry is currently passing through a period of major changes. In the past, DRAM demand was heavily dependent on the personal computer market. Today, however, mobile devices and digital consumer electronics have become the new growth drivers. Also, from a supply perspective, a generational change in wafer fabs is resulting in a switch from 200mm to 300mm wafer processing capabilities.
Based on these conditions, we are ahead of our competitors in taking advantage of changing trends in mobile devices and digital consumer electronics which enables us to offer customers the best solutions and a stronger line-up of products. Another advantage that we have is that most of our manufacturing facilities are for 300mm wafers and have a monthly 60K wafer production capacity.
It will not be easy to reclaim the position Japan once had in the global DRAM market. But as we seek to increase our long-term corporate value and become the No. 1 DRAM manufacturer in the world, we are 100% committed to achieving success.
We continue to appreciate and value the tremendous support and understanding we have received from our investors. Thank you.
Yukio Sakamoto,
President and CEO
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