(AFX UK Focus) 2008-12-10 02:25 Taiwan’s ProMOS seeks govt help, consolidation talk swirls (Interactive Investor)
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TAIPEI, Dec 10 (Reuters) - ProMOS, Taiwan’s No. 3 DRAM maker, has applied for state assistance, a government official said on Wednesday, amid signs Taiwan may be trying to engineer a three-way tie-up to consolidate the struggling sector. The government will decide whether to assist ProMOS, thought to be in the worst financial condition of Taiwan’s top three DRAM memory chip makers, within one …
