The formation of the consolidated Taiwan Memory Company (TMC) faces a major setback today, as both Micron Technology and Nanya Technology, along with their joint venture Inotera memories, have pulled out of discussions to be part of the new group, DigiTimes reports.
For Micron's part, the company wasn't comfortable with the risk of its tecnology IP potentially leaking out if multiple patent holders began working under TMC. Micron stressed that its IP portfolio for specialty DRAM is more advanced than Elpida's, who is one of the participants.
Facing the worst DRAM market in 15 years, the Taiwanese government earlier this year announced the formation of the new DRAM company, TMC. The point of the new company was to consolidate memory companies and rescue its ailing DRAM makers. The government-led project is still in talks with various memory makers, including Winbond, who just yesterday confirmed it met with decision makers for TMC.
Micron, Nanya, and Inotera said they will continue to develop and improve their own partnership in preparation for competition from the new memory company.