July 28, 2014 1:29 AM ET

Semiconductors and Semiconductor Equipment

Company Overview of Micron Memory Taiwan Co., Ltd.

Company Overview

Micron Memory Taiwan Co., Ltd. manufactures and distributes random access memory products. The company offers 2G 30nm DDR3 memory product; and foundry services for applications in personal computer and server fields. Micron Memory Taiwan Co., Ltd. was formerly known as Rexchip Electronics Corporation and changed its name to Micron Memory Taiwan Co., Ltd. in August 2013. The company was founded in 2006 and is based in Taichung, Taiwan. Micron Memory Taiwan Co., Ltd. operates as a subsidiary of Micron Technology Inc.

No. 429-1, Sanfong Road

Central Taiwan Science Park

Houli Townsip

Taichung,  

Taiwan

Founded in 2006

2,017 Employees

Phone:

886 4 2521 8000

Key Executives for Micron Memory Taiwan Co., Ltd.

Chairman and Chief Executive Officer
President and Director
Deputy Director of Financial Accounting Division and Co-Officer
Vice President of Operation
Deputy Director of Quality Engineering
Compensation as of Fiscal Year 2014.

Micron Memory Taiwan Co., Ltd. Key Developments

Rexchip Electronics Corporation Auditor Raises 'Going Concern' Doubt

Rexchip Electronics Corporation filed its Annual on Mar 11, 2013 for the period ending Dec 31, 2012. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Rexchip Electronics Corporation May Be Delisted From GRETAI Securities Market

The GRETAI Securities Market said Rexchip Electronics Corporation may be delisted from the local emerging stock market. The GRETAI said the delisting is likely after both Cathay Securities Co and Grand Cathay Securities Corp terminated contracts to provide financial services to financially troubled Rexchip. Under the current securities listing rules, an emerging stock needs two advisory securities firms to provide the necessary assistance for it to stay on the local bourse. The GRETAI said it is reviewing the situation before making a formal announcement about a delisting. The departure of the two advisory firms reflects market concerns over Rexchip’s financial position as the global DRAM sector is in a down cycle amid weak demand and falling prices. Rexchip is in talks with its creditors to roll over part of its loan portfolio. The firm has a TWD 2.6 billion loan ($89.04 million) due to expire on November 20, but it has only about TWD 500 million in cash and cash equivalents.

Rexchip Electronics Corporation Announces Earnings Results for the Six Months Ended June 30, 2012

Rexchip Electronics Corporation announced earnings results for the six months ended June 30, 2012. For the period, the company reported net loss of TWD 5,473,511,000 or TWD 1.86 basic and diluted loss per share on net sales of TWD 14,168,451,000 compared to net income of TWD 2,369,761,000 or TWD 0.80 basic and diluted loss per share on net sales of TWD 18,534,429,000 for the corresponding period last year. Operating loss was TWD 5,372,281,000 against operating income of TWD 1,377,228,000 for the same period last year. Loss before income tax was TWD 5,468,662,000 against income before income tax of TWD 2,369,761,000 prior year period. Net cash provided by operating activities was TWD 5,471,931,000 against TWD 10,180,353,000 for the same period a year ago. Acquisition of properties was TWD 1,406,790,000 against TWD 5,348,673,000 for the comparable period last year.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Micron Memory Taiwan Co., Ltd., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.