Milestones

Year 2011 
                    Mar.    Shipment qualification and start of volume ramp of 2Gb DDR3 DRAM product in 42nm
                              process technology
                    Apr.    Shipment qualification of 2Gb low-power DDR1 mobile DRAM product in 50nm
                              process technology
                    Aug.   Started pilot run of 30nm process technology
                    Sep.   Completed the conversion of total monthly wafer capacity into 42nm process technology


Year 2010 
                    Feb.    NTD 14.4 billion rights offering
                    Apr.    Shipment qualification and start of volume ramp of 2Gb DDR3 DRAM product
                              in 50nm process technology
                    Sep.   Started pilot run of 42nm process technology
                    Oct.    Started qualification lots of 2Gb low-power DDR1 mobile DRAM in 50nm process technology
                    Dec.   Completed the conversion of total monthly wafer capacity of approximately 130 thousand
                              into 50nm process technology

                    

Year 2009 
                    Aug.    USD 310 million offering of Global Depositary Shares (GDS) on Luxembourg Stock Exchange
                    Sep.    Started pilot run of 50nm stack-technology

                    

Year 2008 
                    Jun.    Shipment qualification of 1Gb DDR3 DRAM product in 70nm process
                    Mar.    Shipment qualification of 1Gb DDR2 DRAM product in 70nm productivity shrink
                              process technology
                    Nov.    Micron acquired 35.5% stake in Inotera from Qimonda

                     
Year 2007          
                    
Mar.    Grand Opening of Fab-2                
                    May.    First Silicon start in 70nm technology and introduction of 80nm technology
                    Sep.    Combined capacity of Fab-1 and Fab-2 reached approximately 120 thousand wafer 
                               starts per month
                    Sep.    Shipment qualification of 512Mb DDR2 DRAM product in 80nm process technology
                    Nov.    Shipment qualification of both 512Mb and 1Gb DDR2 DRAM product in 70nm 
                               process technology


Year 2006 
                    Jan.    Shipment qualification of 512Mb DDR2 DRAM product in 90nm technology
                    Mar.    Listing on
Taiwan Stock Exchange
                    May.    Offering of Global Depositary Shares (GDS) on Luxembourg Stock Exchange
                    Aug.    Reached 62 thousand wafer starts per month and total wafer starts in 90nm in Fab-1
                    Sep.    Shipment qualification of 1Gb DDR2 DRAM product in 90nm technology
                    Oct.     Equipment move-in of Fab-2


Year 2005 
                    May.    Groundbreaking of Fab-2
                    Jul.      Reached 54 thousand wafer starts per month in Fab-1
                    Aug.    Reached 60 thousand wafer starts per month in Fab-1
                    Nov.    Shipment qualification of 512Mb DDR1 DRAM product in 90nm technology


Year 2004 
                    Apr.    First Wafer of 256Mb DDR1 DRAM manufactured in 110nm technology
                    Jun.    Grand Opening of Headquarters 
                    Jul.     Shipment qualification of 256Mb DDR1 DRAM product in 110nm technology
                    Sep.   Shipment qualification of 512Mb DDR2 DRAM product in 110nm technology
                    Oct.    Reached 24 thousand wafer starts per month in Fab-1



Year 2003 
                    Jan.    Inotera Memories. Inc. incorporated
                    Oct.    Completion of Fab-1 construction
                    Dec.   Equipment move-in of Fab-1


Year 2002 
                    May.    Nanya and Infineon signed Memorandum of Understanding
                    Aug.    Construction start of Inotera's first 300mm fab (Fab-1)
                    Nov.    Nanya and Infineon signed Joined Development & Jointed Venture Agreement
                    
Dec.    Groundbreaking ceremony of Inotera Headquarters

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