Elpida May Buy Stakes in Powerchip, ProMOS, CEO Says

Elpida Memory Inc. is considering buying shares of Taiwanese chipmakers to counter competition from Samsung Electronics Co., a move that may trigger the industry’s biggest reorganization in more than a decade.

Powerchip Technology Corp., ProMOS Technologies Inc. and Winbond Electronics Corp. are among possible targets, Elpida President Yukio Sakamoto said in interviews this week. The Tokyo-based company is looking to acquire stakes of 20 percent to 30 percent and any deals may lead to takeovers, though no negotiations are under way, he said.