Reuters: Technology News: Elpida selling over 50 percent of mobile chips to Apple: source

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Elpida selling over 50 percent of mobile chips to Apple: source May 17th 2012, 00:23 Tweet Share this Email Print Related News Samsung loses $10 billion market value on Apple order report 4:59am EDT Toshiba sees rebound as Apple leads demand for NAND Tue, May 8 2012 Micron wins exclusive right to bid for Elpida: source Mon, May 7 2012 UPDATE 6-Micron wins exclusive right to bid for Elpida -source Mon, May 7 2012 Micron likely winner in bid for Japan's Elpida: NHK Fri, May 4 2012 Analysis & Opinion Apple’s valuation isn’t at risk any time soon Samsung moves on from Japan to nibble at Apple Elpida chips are seen at an electronic store in Tokyo's Akihabara district April 24, 2012. Credit: Reuters/Toru Hanai SEOUL | Wed May 16, 2012 8:23pm EDT SEOUL (Reuters) - Japan's Elpida Memory Inc has been supplying more than 50 percent of its production of dynamic random access memory (DRAM) chip for mobile devices to Apple Inc since late last year, a source with direct knowledge of Elpida's sales breakdown said on Thursday. "Elpida resorts to one single customer for its mobile DRAM supplies and it's been selling over 50 percent of output from its 30 nanometer class design to Apple," said the source. The source declined to be named as he was not authorized to speak to the media. "Apple has been diversifying its suppliers and the deal with Elpida had no major impact on other major suppliers as Elpida's share of the global mobile DRAM market is quite small." Another source familiar with the matter said Apple was sourcing around 30 percent of its mobile DRAM requirements from Elpida. Taiwan's DigiTimes, an online trade news site, reported that Apple recently placed large mobile DRAM orders with Elpida's 12-inch plant in Hiroshima, Japan, sending shares of Samsung and SK hynix tumbling on Wednesday. Samsung shares extended losses to over 2 percent in early trade on Thursday, after opening down slightly and losing more than 6 percent in the prior session. (Reporting by Miyoung Kim; Editing by Jonathan Hopfner) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions