Taipei, December 18, 2024, Nanya Technology's Board of Directors today has approved a strategic partnership with PieceMakers Technology, Inc. ("PieceMakers") to jointly develop customized ultra-high-bandwidth memory solutions. As part of the collaboration, Nanya Technology will subscribe to a cash capital increase of up to NT$ 660 million, purchasing up to 22 million common shares at NT$ 30 per share in PieceMakers. Upon completion of the capital increase, Nanya Technology is expected to acquire up to approximately 38% stakes of PieceMakers.
To meet the growing demand for high-performance memory driven by AI and edge computing, this collaboration will combine Nanya Technology's 10nm-class DRAM innovation with PieceMakers' expertise in customized DRAM design to develop high-value, high-performance, and low-power customized ultra-high-bandwidth memory solutions, unlocking new opportunities in AI and high-performance computing markets.
About Nanya Technology Corporation
Nanya Technology Corporation, a member of the Formosa Plastics Group, provides key components DRAM to electronic industry, focusing on research and development, design, manufacturing, and sales of consumer and Low Power DRAM products. In addition, Nanya Technology continues to enlarge its share of high value-added DRAM market, increases manufacturing efficiency, and strengthens product quality and customer services in respond to market demand. The company's common stock is traded on the Taiwan Stock Exchange Corporation (TWSE) under the symbol 2408. For more information, please visit http://www.nanya.com.
About PieceMakers Technology, Inc.
PieceMakers Technology, Inc (PieceMakers) is a professional DRAM design company dedicated to the development of customized and standard DRAM products. The company has long been committed to the independent research, development, design, and mass production of high-bandwidth AI memory chips. Its products are applied across various fields, including consumer electronics, automotive, industrial applications, and high-performance computing such as AI and blockchain, to meet diverse customer needs. PieceMakers is a privately held company based in Taiwan. For more information, please visit the PieceMakers website at http://www.piecemakers.com.tw.
Nanya Technology Partners With PieceMakers to Develop Customized Ultra-High-Bandwidth Memory
Nanya Technology's Board of Directors today has approved a strategic partnership with PieceMakers Technology, Inc. ("PieceMakers") to jointly develop customized ultra-high-bandwidth memory solutions. As part of the collaboration, Nanya Technology will subscribe to a cash capital increase of up...