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Hynix Says It Submits Initial Bid for Elpida

An Elpida Memory Inc. memory chip. Photographer: Tomohiro Ohsumi/Bloomberg
An Elpida Memory Inc. memory chip. Photographer: Tomohiro Ohsumi/Bloomberg

March 30 (Bloomberg) -- South Korean chipmaker submits initial bid today for Elpida Memory, according to regulatory filing. * Hynix will decide whether to submit final bid after due

diligence: filing * Yonhap Infomax earlier reported submission: {NSN

M1OLPC6TTDSG <go>} * Toshiba may invest in Elpida Memory, a senior Toshiba

executive said. {NSN M1OK156TTDSX <go>}

Link to Company News:{000660 KS <Equity> CN <GO>} Link to Company News:{6665 JP <Equity> CN <GO>}

For Related News and Information: First Word scrolling panel: {FIRST<GO>} First Word newswire: {NH BFW<GO>}

To contact the reporter on this story: Jun Yang in Seoul at +82-2-3702-1642 or jyang180@bloomberg.net

To contact the editor responsible for this story: Shinhye Kang at +82-2-3702-1638 or skang24@bloomberg.net

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