REFILE-Elpida likely to post $1.6 bln full year net loss -NHK

Wed Feb 1, 2012 6:23pm EST

TOKYO Feb 2 (Reuters) - Japan's Elpida Memory is likely to post a net loss of 120 billion yen ($1.6 billion) for the full year to March, NHK reported on Thusday.

Elpida, Japan's last remaining player in the dynamic random-access memory (DRAM) market, is battling tumbling prices and loss of market share to better-funded rivals in South Korea and has been seeking ways to survive.

The chip maker is to announce nine-month results to December on Thursday.

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