Elpida Memory Inc. President and CEO Sakamoto Yukio (left) bows his head at a February 27 press conference announcing the company’s decision to petition for the initiation of bankruptcy proceedings under the Corporate Reorganization Law. (Photo: Sankei Shimbun)
Elpida CEO Sakamoto receives METI’s authorization on June 30, 2009, for a bailout under legislation passed to help Japanese industry weather the recession. (Photo: Jiji Press)
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