Memory chip maker SanDisk announced Monday it will sell a large chunk of its business to Toshiba for about $1 billion. The deal comes at a time when the market for memory chips faces severe oversupply. This is "a multiyear partnership and reflects a couple of different joint ventures," said Ryan Don...
Memory chipmaker Micron Technology will cut its global workforce by 15 percent over the next two years due to a massive slowdown in demand for memory chip technology, the Boise, Idaho-based company said Thursday. Micron employs about 22,600 people, and said the cost of restructuring would be about $...
Semiconductor giant Intel has lowered its profitability forecast, sending stock prices tumbling across the board. The company cut its first-quarter gross margin forecast from 56 percent to 54 percent "due to lower than expected prices for NAND flash memory chips," Intel said. All other expectations ...
U.S.-based computer memory chip maker Micron Technology has announced plans to build its first chip manufacturing plant in China in mid-2005, according to an Associated Press report today citing a company executive in Shanghai as its source. Micron plans to spend "likely more" than US$100 million (a...
Ban
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Undecided
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