In order to showcase this milestone, Micron specially held a merger ceremony, and the company's highest ranking executive, Mark Durcan, personally visited Taiwan to attend. Taiwan President Tsai Ing-wen, Ministry of Economic Affairs Minister Lee Chih-kung, AIT Director Kin W. Moy, Taoyuan City Mayor, Formosa Plastic Group Vice President Wang Jui-Hua “Susan,” and Nanya Technology Co. Chairman Chia-Chau Wu were also in attendance at the event.

President Tsai Ing-wen stated that the merging of the two companies will bring about new opportunities for technological and international cooperation in Taiwan. Furthermore, on one hand Micron's DRAM R&D center in Taiwan will be able to expand their global market, and on the other hand it will provide advanced production solutions by making use of Taiwan's manufacturing experience.

Micron CEO Mark Durcan pointed out that after merging with Inotera, Micron has become Taiwan's largest investor and the foreign company with the largest amount of employees. Micron is also collaborating with National Taiwan University SOCenter to increase their connections with industries in Taiwan.

In addition, with regards to the future prospects for memory, Durcan believes that next year the DRAM market will be “considerably good” and that in the upcoming twelve to eighteen months the memory industry will experience positive trends.

(TR/ Phil Sweeney)