Tuesday, February 08, 2011

Financial aid from Formosa Petrochemical to Nanya Technology and Inotera

Formosa Petrochemical is to provide financial hand to Nanya Technology and Inotera, by way of providing one year loans of US$167.34 mln to Nanya and US$270.8 mln (NT$8.5 billion) to Inotera in a bid tto help the two memory outfits buy new equipment in their move toward 42nm.

For more details on Financial aid from Formosa Petrochemical to Nanya Technology and Inotera click here

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