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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Obama and Congress to try reaching spending-cut deal | 1:08am EDT Japan tackles hydrogen build-up, radiation concerns spread | 12:56am EDT Ouattara forces lay siege to Ivory Coast's Gbagbo | 1:29am EDT Maine legalizing switchblades for one-armed people 06 Apr 2011 Dish expands its scope with Blockbuster win 06 Apr 2011 Discussed 112 U.S. to reach debt limit by May 16: Geithner 78 Stumbling blocks remain in budget fight 71 US Republican budget plan would cut $5.8 trln in 10 yrs Watched Robotic bird takes flight into the future Mon, Apr 4 2011 High price for a government shutdown Wed, Apr 6 2011 Cisco's mea culpa Tue, Apr 5 2011 small business Is social media the elephant in the room? GoDaddy founder Bob Parsons caused a stir when he posted a video of him killing an elephant on Twitter. It's the latest example of the inherent dangers of social media and small businesses should take heed to avoid pulling a "Parsons." Full Article Managing elephant-sized social media blunders The do's and don'ts of securing a domain name 5 signs you need a marketing makeover Elpida develops new DRAM for smart phones, shares jump Tweet Share this TOKYO (Reuters) - Elpida Memory Inc said on Thursday it has developed a 4-gigabit DRAM chip for smart phones, joining bigger rival Samsung Electronics as the only producers of the large capacity power-saving memory chip. The news pushed Elpida's... Email Print Related News Short-covering in post-quake losers lifts Nikkei on thin volume 2:58am EDT Nikkei seen supported after losses but gains limited Wed, Apr 6 2011 Texas Instruments to buy NatSemi for $6.5 billion Tue, Apr 5 2011 Special Report: Japan power crunch could get worse in summer Tue, Apr 5 2011 UPDATE 5-Supply concerns grow as Japan lacks parts, power Fri, Mar 18 2011 Analysis & Opinion Full transcript of Robert Zoellick Newsmaker Tech wrap: YouTube changing the channel? Related Topics Technology » Media » Stocks TOKYO | Wed Apr 6, 2011 10:02pm EDT TOKYO (Reuters) - Elpida Memory Inc said on Thursday it has developed a 4-gigabit DRAM chip for smart phones, joining bigger rival Samsung Electronics as the only producers of the large capacity power-saving memory chip. The news pushed Elpida's shares up 5.5 percent. Elpida, the world's No.3 maker of DRAM chips, will start production of the new chip in June at a plant in Hiroshima and aims to generate 100 billion yen ($1.2 billion) of sales in the 2012/13 business year, Elpida spokesman Hideki Saito said. That is equal to about one-fifth of Elpida's expected annual sales for the financial year ended last month, according to analyst estimates. "This is a growing market and the chip will enjoy healthy demand," said Yuichi Ishida, a senior analyst at Mizuho Investors Securities. "The production of 4-gigabit DRAM chip will certainly make a positive contribution to its earnings." Saito said Elpida would start supplying the chip to its main clients as early as this summer, and that it planned to begin production in Taiwan as well to diversify its geographical risk. Japan's catastrophic March 11 earthquake and tsunami, which triggered a nuclear safety crisis and rolling power blackouts, have interrupted production at many factories in Japan, including several key chip plants. The Nikkei business daily, which first reported Elpida's plans to produce the 4-gigabit DRAM, said buyers of the chip would include Apple. (Reporting by Junko Fujita; Editing by Edmund Klamann and Nathan Layne) Technology Media Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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