qimonda

Bleak week for memory chipmakers

Memory chipmakers, the hardest-hit of the silicon suppliers, this week faced bankruptcy, layoffs, and bleak prospects.

Micron Technology kicked things off by announcing that it would cut as many as 2,000 jobs. Micron and other memory chip manufacturers are all singing the same sad song: slumping revenues amid a steep downward price spiral.

The largest U.S. maker of memory chips said decreased demand for specialty DRAM products had "created additional challenges" for its Boise, Idaho, manufacturing operations. As a result, Micron said it will phase out 200-millimeter wafer manufacturing operations at the company's Boise facility. … Read more

Memory chipmaker's U.S. unit files for Chapter 11

Qimonda, an affiliate of Germany-based Infineon Technologies, is seeking protection under Chapter 11 for its U.S. unit, the company said Monday. Separately, a research report was released today forecasting dim prospects for chipmakers in 2009.

The U.S. unit of Qimonda AG, one of the world's largest memory chip manufacturers, said in a statement that it is seeking bankruptcy protection. "The US subsidiaries Qimonda North America Corp. and Qimonda Richmond L.L.C. filed for creditor protection under Chapter 11 on February 20, 2009," the company said in a statement Monday. "No disruptions to operations, … Read more

After chipmaker's collapse, memory prices rise

Memory chip prices shot up on Monday--a welcome bit of news for beleaguered chipmakers, who have been caught in a relentless downward price spiral.

Prices for DRAM (Dynamic Random Access Memory), the main memory in PCs, shot up as much as 26 percent, according to data posted on DRAMeXchange. A number of reports have attributed this to the bankruptcy of Germany-based chipmaker Qimonda, and seem to indicate that this will relieve some of the pressure on prices caused by oversupply.

The price of certain DDR2 (Double Data Rate, second generation) memory chips rose as much as 28 percent Monday. Flash … Read more

Intel, Nvidia bookend top-20 chip ranking

iSuppli releases its preliminary 2008 top-20 chip rankings as semiconductor suppliers fall upon hard times.

Intel, Samsung, Texas Instruments, Toshiba, and STMicroelectronics occupy the top five positions, while Advanced Micro Devices was No. 11 and Nvidia No. 20 in the ranking.

Memory chip manufacturers are some of the hardest hit. South Korea-based Hynix, which dropped from No. 6 to No. 9, and Micron Technology (No. 16) are both restructuring. Micron is reducing staff and shutting down facilities, while Hynix seeks outside investors.

Micron is expected to post a 9.2 percent revenue decrease in 2008 and Hynix's revenue should … Read more

Micron to buy $400 million stake in memory maker

Micron Technology announced Sunday that it is buying Qimonda AG's $400 million stake in Inotera Memories.

Inotera was founded as a joint venture by Qimonda (formerly the memory products division of Infineon Technologies) and Nanya Technology. Micron said the deal constitutes an expansion of its relationship with Nanya.

In the current Qimonda-Nanya partnership, Inotera operates two 300-millimeter wafer fabrication facilities producing a total of 120,000 wafers per month, Micron said.

Under the agreement, Micron will acquire access to half of the manufacturing capacity of Inotera, with the other half allocated to Nanya. Micron said it will also share … Read more

Memory chipmakers face survival test

Memory chipmakers are fighting for their life.

The memory chip market--and industry--is caught in a particularly brutal downward price spiral that is threatening the viability of even the largest players.

"Memory manufacturers who have already been losing money for several quarters are now looking at another six months to a year of absolutely ominous conditions," said Avi Cohen, managing partner at Avian Securities.

Companies are now in survival mode, according to Cohen. "It is a matter of survival and everyone needs to figure out how to stay in business over the next year or how to scavenge … Read more