尔必达股价暴跌98%
Shares of Elpida have plunged on the Tokyo Stock Exchange (TSE) after investors dumped stock after firm filed for bankruptcy protection.
尔必达公司申请破产保护，投资者纷纷抛售手中的股份，该公司在东京证券交易所的股票猛跌。
Demand for dynamic random-access memory, or DRAM, chips has been slowing
The firm sought bankruptcy protection Monday saying it had struggled to repay debts of 448bn yen ($5.6bn; £3.5bn).
Meanwhile, the Japanese government has not given any hint on whether it may bailout the firm.
"Given their huge debts and the subsequent delisting, the share value will go to zero - that is pretty clear," Gerhard Fasol of EuroTechnology Japan told the BBC.
'Critical issue'
Elpida, which specialises in making dynamic random-access memory (DRAM) chips, has seen its fortunes recently dwindle（减少） .
Not only has the company been hurt by a slowing demand for these chips, falling prices have also hurt its profits.
Analysts said given its debts, the firm will have to find a deep-pocketed partner to help turn around its business.
"They need to have a partner for the revival（复兴） . The critical issue is who will that partner," said Mr Fasol of EuroTechnology Japan.
However, Mr Fasol said Elpida may find it difficult to convince other companies to invest money in its business.
"They have tried to find a partner but they couldn't find any. That is why they have had to file for protection the first place."