Ousted Olympus Corp. Chief Executive Officer Michael Woodford said Friday he plans to sue his former employer for firing him without any legal basis, only hours after announcing his decision to drop his attempt to retake the company’s reins.
Elpida Memory Inc. said Wednesday that it has developed a memory chip package that is 20 percent thinner than similar packages on the market, a breakthrough that the company says will help make mobile gadgets thinner while maintaining their memory capacity.