Hynix curbs chip output: NAND unit to close during third quarter amid falling prices

Article Abstract:

In an effort to decrease the industry's output and stabilize international prices, Hynix Semiconductor Inc. announces it will temporarily shut down its NAND flash memory chip unit in South Korea. Article discusses the company's expected financial and market share losses, and the industry-wide effects of the measure.

Sales, profits & dividends, Market information - general, Forecasts, trends, outlooks, Production management, Integrated & Hybrid Circuits, Integrated Circuits, Semiconductor chips, Supply and demand, Company sales and earnings, Company earnings/profit, Flash memory, Company business forecast/projection, Company forecasts, Industry forecasts, Standard IC

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Hynix Semiconductor Inc

Article Abstract:

The European Union has imposed a 35% import tariff on Hynix Semiconductor Inc.'s memory chips. The EU ruled that the company was being unfairly subsidized by the South Korean government.

South Korea, Administration of General Economic Programs, Taxes, Tariffs & Duties, Semiconductor Memories, Tariffs & Quotas, Taxation, Semiconductor memory, European Union, Tariffs, Memory (Computers)

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Hynix to shut down plant for six months

Article Abstract:

Hynix Semiconductor will close its semiconductor chip facility in Eugene, Oregon for six months. The move is the company's response to a slowdown in the US economy.

Plant shutdown, IC Memory Chips, Oregon, Buildings and facilities, Eugene, Oregon

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