The China Post
Date: March 3, 2017
By: Christine Chou
TAIPEI, Taiwan — Local reports said U.S. memory solutions giant Micron Technology,
Inc. plans to make salary structure adjustments for former employees with the newly acquired Inotera Memories, Inc. (華亞科), one of Taiwan’s leading dynamic random access memory (DRAM) makers, which could potentially benefit more than 3,000 Inotera staff.
Micron completed its acquisition of Inotera last December — valued at more than NT$130 billion (US$4 billion) — and is scheduled to officially take over Inotera’s operations this Friday. The deal has made Micron the largest foreign employer and investor in Taiwan.
“All good things are worth waiting for, and the completion of this transaction is no exception,” said Micron Chief Executive Mark Durcan. [FULL STORY]