Tera Probe Approved for Listing on Tokyo Stock Exchange's Mothers Section
TOKYO, JAPAN, November 11, 2010 – Elpida Memory, Inc. (TOKYO: 6665), Japan's leading global supplier of Dynamic Random Access Memory (DRAM), today announced that its consolidated subsidiary Tera Probe, Inc. (Tera Probe) has been approved by the Tokyo Stock Exchange (TSE) for listing on the TSE's Mothers section.
The Mothers listing is expected to open up new business opportunities for Tera Probe through enhanced credit worthiness and access to more diversified capital funding sources. This should allow Tera Probe to further expand its business and at the same time contribute to the strengthening of Elpida's own business.
About Elpida
Elpida Memory, Inc. (Tokyo: 6665) is a leading manufacturer of Dynamic Random Access Memory (DRAM) integrated circuits. The company's design, manufacturing and sales operations are backed by world class technological expertise. Its 300mm manufacturing facilities, consisting of its Hiroshima Plant and a Taiwan-based joint venture, Rexchip Electronics, utilize the most advanced manufacturing technologies available. Elpida's portfolio features such characteristics as high-density, high-speed, low power and small packaging profiles. The company provides DRAM solutions across a wide range of applications, including high-end servers, mobile phones and digital consumer electronics. More information can be found at http://www.elpida.com.
Information in this news release is current as of the timing of the release, but may be revised later without notice.