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Politics : Formerly About Applied Materials
AMAT 260.22+0.4%Dec 23 3:59 PM EST

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To: StanX Long who wrote (59668)1/30/2002 3:22:22 AM
From: StanX Long  Read Replies (1) of 70976
 
Hynix says it has put all DRAMs on allocation

Company creditors expected to meet this week on whether to continue talks with Micron
By Jack Robertson
EBN
(01/29/02 22:12 p.m. EST)

siliconstrategies.com

Hynix Semiconductor America Inc., San Jose, Tuesday said it was putting all DRAMs -- both single data rate and DDR products -- on allocation for the remainder of the first quarter. The firm claimed that increased demand and a supply shortfall prompted the action.

Hynix announced its allocation plan late on Tuesday after other DRAM vendors had left their offices and were unavailable for comment.

"Due to recent increased demand and a supply shortfall, Hynix has elected to apportion memory products to its strategic and contractual customers for the remainder of the first quarter 2002," the company said in a released statement.
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