Incorporated on January 23rd, 2003, Inotera Memories, Inc. is a joint venture between Nanya Technology Corporation (an affiliate of the Formosa Plastics Group) and Micron Technology, Inc..
Inotera provides DRAM foundry services on 300mm silicon wafers and currently has two inter-connected 300mm fabrication facilities with a combined capacity of approximately 120 thousand wafer starts per month. According to the supply agreement between Inotera and Micron Technology, Inotera sells substantially all of its manufacturing output to Micron Technology beginning in early 2013 based on a contractually defined pricing formula. Inotera is designed to focus on operational excellence in mass production to manufacture DRAM memory products with high quality using state-of-the-art technology and to leverage its economies of scale in order to maximize its cost efficiency.
Inotera has achieved shipment qualification of its 4Gb DDR3 DRAM product in 30nm process technology and started the volume ramp in March, 2012. The company has reached more than 100 thousand wafer starts per month in 30nm technology in the second quarter of 2013. Through successful implementation of this technology conversion, Inotera expects further bit shipment growth and impressive per-bit cost reduction. Moreover, Inotera is continuing to provide diverse DRAM products to fulfill customers’ needs and emphasize the production of premium DRAM-products for server, mobile, consumer, networking and automotive applications.
Inotera is confident that the company's strengths in operational excellence, cost efficiency and adoption of advanced technologies will keep the company in a leading position as one of the most productive semiconductor manufacturers worldwide. Together, the Board of Directors and the management team of Inotera Memories will keep striving to enhance the competitiveness of the company and to create value for the shareholders.
Executive Management Team
Mr. Charles Kau, Chairman
Dr. Scott Meikle, President
Dr. Yaw Wen Hu, Executive Vice President
Dr. David Liu, Staff Senior Vice President
Mr. Peter Shen, Chief Financial Officer
Dr. Jason Chu, Vice President of Fab Operation Group