DRAM, short for dynamicrandom-accessmemory, loses most of the data it stores when power is shut off.
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Buying Elpida doubles Micron's share in the market for DRAM, or dynamicrandom-accessmemory, chips, widely used in personal computers.
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Samsung does expect the market for so-called DRAM, or dynamicrandom-accessmemory, to gradually pick up as inventory clears and new customers emerge.
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High costs and fierce competition with Asian competitors forced Elpida Memory, Japan's last player in dynamicrandom-accessmemory chips, into bankruptcy protection in February.
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The Company's products are designed for the use in fabricating foundry, logic and memory chips, including dynamicrandom-accessmemory (DRAM) and 3D NAND-flash memory chips.