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Electronic information

Japanese maker Elpida Memory Hitachi intends to sell off all stock holdings plunge

In Electronic Infomation Category: R | on November   1, 2010

According to Bloomberg reports, the Japanese computer chip maker Elpida Memory (6665) shares fell in early trading, marking the biggest drop in 7 months, the Nikkei said Hitachi (6501) will all be to sell off 9.9% holdings, to raise funds to cope pensions.

In Tokyo 9:33 Elpida shares plunged 9.8% reported that 3120 yen is 17 August 2007 the largest decline. 2.6% reported frustration Hitachi 606 yen, the Nikkei 225 index fell relative to 1.3%. Hitachi spokesman Keisaku Shibatani

that Hitachi has not decided how to deal with ownership.

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