SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobs10 who wrote (4367)12/8/2008 5:11:02 PM
From: Rink  Read Replies (2) of 4590
 
Seeking to generate cash, loss-ridden Hynix recently said it plans to sell a small stake in its Chinese joint fab venture to Numonyx B.V. for $100 million, according to reports. : eetimes.com

Cuts jobs & salaries, shuts 200mm fabs, while opening a new 300mm NAND fab. Who knows, maybe 100m is too much for Numonyx given the current situation. They now might have a one time opportunity to survive Spansion because of better financial situation.

Rink

PS, posted your link on the AMD board: Message 25237323
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext