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    Elpida Memory
    Semiconductor manufacturing

    Elpida Memory

    Japan flagJapan
    Founded December 20, 1999 Yaesu, Chūō-ku, Tokyo
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    About

    Elpida Memory emerged in December 1999 when Hitachi and NEC merged their respective DRAM divisions under the name NEC Hitachi Memory. The company rebranded to Elpida just nine months later, signaling a fresh start that included acquiring Mitsubishi Electric's memory business in late 2000. This strategic expansion allowed the Tokyo-based firm to rapidly scale its operations and become a top-tier player in the global semiconductor market. By 2008, Elpida had secured the position of the fourth-largest DRAM producer worldwide, standing alongside industry titans like Samsung and Micron Technology.

    The company operated as both a designer and manufacturer, producing high-performance Dynamic Random-Access Memory chips for personal computers, servers, and mobile devices. After listing on the Tokyo Stock Exchange in 2004, Elpida pushed the boundaries of data storage technology during the early 2000s boom. Their facilities in Japan became critical hubs for developing next-generation memory solutions that powered the era's computing revolution.

    Global financial turbulence in 2008 brought the company's rapid growth to an abrupt halt. Heavy debt loads combined with plummeting DRAM prices forced Elpida into bankruptcy proceedings by February 2012. Micron Technology acquired the assets in July 2012 for roughly $2.5 billion, a deal finalized in mid-2013 after navigating legal hurdles. On February 28, 2014, the brand officially ceased to exist as an independent entity when it was restructured into Micron Memory Japan, Inc.

    Products & Sub-brands

    Dynamic Random-Access Memory (DRAM)PC memory modulesServer memory chipsMobile device memory

    Frequently Asked Questions

    Is Elpida Memory still in business?
    No, Elpida Memory ceased to exist as an independent company after filing for bankruptcy in 2012; its assets were acquired by Micron Technology in 2013 and renamed Micron Memory Japan.
    Who owns the former Elpida Memory brand now?
    The former Elpida operations are fully owned and operated by Micron Technology, an American semiconductor firm, having been integrated into their Japanese subsidiary since 2014.
    What was the valuation or sale price of Elpida Memory?
    Micron Technology acquired Elpida's assets in 2012 for a total package valued at approximately $2.5 billion, consisting of $754 million in cash and $1.75 billion in convertible bonds.
    What products did Elpida Memory manufacture?
    Elpida specialized exclusively in Dynamic Random-Access Memory (DRAM) components, including memory modules for PCs, laptops, servers, and mobile devices, before its dissolution.
    Why did Elpida Memory go out of business?
    Elpida filed for bankruptcy in 2012 due to heavy debt loads incurred during the 2008 global financial crisis, which caused a sharp drop in DRAM prices and demand that the company could not sustain.

    Keywords

    DRAMsemiconductorbankruptcyMicron acquisitionJapanese electronicsmemory chipsNEC HitachiHiroshima facility

    Sources

    Company Info

    Founded
    December 20, 1999
    Headquarters
    Yaesu, Chūō-ku, Tokyo
    Industry
    Semiconductor manufacturing
    Parent Company
    Micron Technology (since 2014)
    Bankruptcy Filing Date
    February 2012
    Acquisition Price
    $2.5 billion
    Restructuring Name
    Micron Memory Japan, Inc.
    Restructuring Date
    February 28, 2014

    Official Website

    www.elpida.com/

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