Hitachi Sells Its Shares in Elpida Memory.
Tokyo, Japan, Sept 13, 2005 - (JCNN JCNN Japan Corporate News Network ) - Hitachi sold its shares in memory manufacturer Elpida Memory Elpida Memory, Inc. (エルピーダメモリ株式会社, on September 13. Having sold 4 million shares for 13 billion yen ($118 mil An Internet address domain name for a military agency. See Internet address.
(networking) mil - The top-level domain for entities affiliated with US armed forces. ), Hitachi still owns 19.7% of Elpida Memory.
Although Elpida Memory is no longer an equity-method affiliate of Hitachi as a result of the sale, the two companies will maintain a business partner relationship.
Source: JCN JCN Japan Corporate News
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