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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: phbolton who wrote (52795)7/13/2001 12:15:48 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
phb, sounds like samsung is doing MUCH better than micron. micron will be burning aa couple hundred million, maybe half a billion!, while samsung posts a profit. iow, samsung can subsidize their dram ops until micron goes out of business.



To: phbolton who wrote (52795)7/13/2001 12:16:30 PM
From: DJBEINO  Respond to of 53903
 
Hynix to start steps for output cut next week

Hynix Semiconductor is preparing to implement a product cut starting next week, a company official said yesterday.

"We have finally reached the conclusion that output reduction is inevitable to prevent a further drop in memory chip prices," the official said. "Actual output cut is expected to begin toward the end of this month."

The official said that management will decide on the magnitude and method of the output cut after starting the preparations.

He said that the company is considering various options, including suspending the operation of some of its production lines by letting workers take a holiday collectively.

Industry watchers said the output cut would be set at around 20 percent of the company's monthly production.

2001.07.14
++++++++++
TAIWAN PRESS: Vanguard To Cut DRAM Production By 20-25%
TAIPEI (Dow Jones)--Taiwan's Vanguard International Semiconductor Corp. will cut its 64Mb dynamic random access memory (DRAM) chip production by 20% to 25% this month, Economic Daily News reports, quoting a company executive.
Vanguard, a unit of Taiwan Semiconductor Manufacturing Co. (TSM), will also cease producing 16Mb DRAM chips next month, the paper says.
Vanguard is the first Taiwan company since DRAM prices started falling to announce it will to reduce production of DRAM chips, the paper says.

The executive was quoted as saying that the company made the decision because the more chips it sells the more money it will lose based on the current DRAM price levels.