Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ASML Holding NV -- Ignore unavailable to you. Want to Upgrade?

To: etchmeister who wrote (1375)	4/4/2007 12:48:04 AM
From: etchmeister	Read Replies (1) \| Respond to of 43591

UPDATE 1-Taiwan's Inotera prices T$5 bln in corporate bonds Mon Apr 2, 2007 10:46pm ET28 Market View 3474 (Inotera Memories Inc ) Last: NT$38.25 Change: +0.45 (+1.19%) Revenue (ttm): NT$23,032.2M EPS: 2.36 Market Cap: NT$117,438.50M Time: 12:25am ET Stock Details Company Profile Analyst Research Company News: UPDATE 1-Taiwan's Inotera prices T$5 bln in corporate bonds More Company News... Email This Article \| Print This Article \| Reprints [-] Text [+] (Adds details, background) TAIPEI, April 3 (Reuters) - Memory chip maker Inotera Memories Inc. (3474.TW: Quote, Profile , Research) on Tuesday priced an offering for T$5 billion ($151 million) in corporate bonds at an interest rate that was higher than a similar offering in February. The company, a joint venture between Taiwan's Nanya Technology Corp. (2408.TW: Quote, Profile , Research) and Germany's Qimonda (QI.N: Quote, Profile , Research) priced the bonds with a yield of 2.20 percent, compared with a 2.17 percent yield for an offering for the same amount in February. It will use the money for a second chip-making plant it is building that will push wafer output capacity to 120,000 wafers per month, helping to boost 2007 chip shipments more than 70 percent over 2006 levels. Reuters Pictures Photo Editors Choice: Best pictures from the last 24 hours. View Slideshow The company told Reuters last month it is considering plans for a third chip plant that would likely cost US$2.5 billion, and that land had already been secured for such a plant. The building of a second plant and consideration for a third come at a time when prices of dynamic random access memory (DRAM) are falling steadily, though the market expects demand to pick up in the second half as the recent launch of Microsoft's (MSFT.O: Quote, Profile , Research) Vista operating system spurs PC sales.