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TOKYO, March 4, 2004 - Elpida Memory, Inc (Elpida), Japan's leading global supplier of Dynamic Random Access Memory (DRAM), and Hiroshima Elpida Memory, Inc. (Hiroshima Elpida), a wholly owned subsidiary of Elpida, today announced that Hiroshima Elpida has appointed Yukio Sakamoto as its new president effective as of March 1, 2004. Hiroshima Elpida's previous president, Takehiko Kubota, will retire.
Mr. Sakamoto also continues to serve as president of Elpida. He previously served as president of UMC Japan, as well as director and vice president at Texas Instruments Japan.
"Hiroshima Elpida is an integral part of Elpida's overall business operation," said Yukio Sakamoto, president of Hiroshima Elpida and Elpida Memory, Inc. "My role will be to facilitate close cooperation between design, development and production to reduce manufacturing costs, improve operations efficiency and enable faster customer response time."
About Hiroshima Elpida Memory, Inc.
Hiroshima Elpida Memory, Inc. was established on September 1, 2003 as a wholly owned subsidiary of Elpida Memory, Inc. The organization provides Elpida with strong framework for its entire DRAM business including device development and marketing functions, as well as leading-edge processing and production capabilities. Hiroshima Elpida is comprised of a 200mm manufacturing facility (leasing from NEC Hiroshima) and a state-of-the-art 300mm wafer fabrication facility.
About Elpida Memory, Inc.
Elpida Memory, Inc. is a manufacturer of Dynamic Random Access Memory (DRAM) with headquarters based in Tokyo, Japan, and sales and marketing operations located in Japan, North America, Europe and Asia. Elpida offers a broad range of leading-edge DRAM products. Elpida was established as a joint venture company by NEC and Hitachi on December 20, 1999 and has been in operation since April 2000.
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Information contained in this news release is current on the date of the press announcement, but may be subject to change without prior notice.
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