
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.
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Frequently Asked Questions
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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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