Inotera buys equipment from Micron

DRAM maker Inotera Memories has announced the purchase of a batch of production equipment from Micron Technology for around NT$411 million (US$12.58 million).

The equipment is for 12-inch wafer testing, Inotera said.

In addition, Inotera reiterated plans to convert 80% of its total wafer start capacity to 20nm process technology by the end of 2015, and its entire capacity will be built using the newer node by the end of second-quarter 2016.

Transitioning to 20nm process technology will help lower Inotera's manufacturing costs substantially in 2016, the company added.

Inotera's bit shipments are forecast to grow by a single-digit percentage sequentially in the fourth quarter of 2015 followed by a double-digit increase in first-quarter 2016, the company said.

Inotera sells all of its manufacturing output to Micron.

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