 On February 3, 2009 Qimonda AG announced the first 46 nm working production chips using its Buried Wordline technology, fabricated at its Dresden 300 mm plant.In October 2008 major restructuring was announced to try to reduce losses and re-align the company within the struggling DRAM sector.The restructuring saw the sale of Qimonda's interest in its largest 300 mm manufacturing site (Inotera, Taiwan - a joint venture between Nanya Technology and Qimonda AG, with QAG owning 35.6% at the time of sale) to its rival Micron Technology for approximately $400m in cash.