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Rumor: Hony Capital May Sell Elpida DRAM Plant to SMIC

Sohu IT, 5/01/12

Nikkei News quoted an industry source on May 1 as saying that after completing its acquisition of Japanese DRAM manufacturer Elpida Memory, Beijing-based private equity firm Hony Capital plans to sell or outsource the company's Hiroshima DRAM plant to Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK). Read More