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Europe Daily Bulletin No. 7710

5 May 2000
Contents Publication in full By article 26 / 47
GENERAL NEWS / (eu) eu/competition
Commission authorises joint venture between Hitachi and NEC to produce DRAMs

Brussels, 04/05/2000 (Agence Europe) - The European Commission has authorised the creation of a full-function joint venture between the Japanese electronics companies Hitachi Ltd and NEC Corporation. The new firm will combine the partners' activities in the field of DRAMs (dynamic random access memory). Baptised NEC-Hitachi Memory Inc, the new undertaking will be specialised in the design and marketing of next-generation DRAMs used as the memory of computing devices. The life cycle of DRAMs...

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ECONOMIC INTERPENETRATION