Agreement Reached to Create New Wafer Testing Company
Tokyo, 26 July 2005 - Elpida Memory, Inc. (Elpida), Japan's leading global supplier of Dynamic Random Access Memory (DRAM), today announced that it has reached an agreement with Advantest, Kingston Technology and Powertech Technology on forming a new start-up company that will serve as the world's largest wafer testing service. The new company, to be called "Tera Probe," is expected to begin operations on 1 October 2005.
Hiroshima Elpida Memory, a wholly owned subsidiary of Elpida, and other semiconductor companies will order the new company to provide wafer testing for their DRAM products.
Please see the addendum for an overview of the new company.
Information in this news release is current as of the timing of the release, but may be revised later without notice.