Taiwan will likely rescue, in some form, failing memory chipmakers, as that country's industry falls behind the rest of the world.
Recent reports depict an industry desperately seeking financial help. The Taiwanese government has responded by offering loans, according to a variety of reports.
(See also: Chip sales dip in October, flash sales dive.)
One report on Thursday said that Taiwan's economic affairs ministry has approved a rescue package. No specifics have been revealed, however.
At stake is Taiwan's dynamic random access memory (DRAM) industry. DRAM is the main memory used in personal computers.
Avi Cohen, managing … Read more