Death of Micron leader won't stop deepening ties: Nanya Technology

While expressing sorrow about the death of Micron CEO Steve Appleton, Nanya Technology Vice President Pai Pei-lin said his company will forge closer business ties with the U.S. partner.

Appleton, who had been the longest serving CEO in the U.S. memory industry, died at age 51 in a plane crash in Boise, Idaho. Due to the news of his death, trade of Micron shares on the NASDAQ was suspended.

He was also known as Micron's chairman.

Micron is one of Nanya Technology's major buyers, and the two companies have set up Inotera Memories Inc., a joint Taiwan-based venture which serves as a contract supplier of dynamic random access memory (DRAM) chips to the U.S. partner.

Nanya Technology shares were not affected by the Appleton accident on the Taiwan Stock Exchange Saturday and scored gains on the back of an increase in sales for January.

Last month, Nanya Technology posted NT$2.57 billion (US$87.1 million) in sales, up 28 percent from December. The company said the sales growth reflected a month-on-month increase of 28 percent in shipments, while product prices remained little changed. For its part, Inotera Memories recorded NT$2.82 billion in sales for January, up 0.3 percent from a month earlier.

Meanwhile, several local memory chip packaging and testing service providers, such as ChipMOS Technologies Inc. and Powertech Technology Inc., said they need some time to evaluate what impact Appleton's death will impose on their business.

The two companies provide packaging and testing services to Micron.

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