Tuesday, December 01, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Awarded With Augmented Reality Patents
Motorola Moto 360 Sport Watch Launching Next Month
Lenovo Unveils the ThinkPad P40 Yoga
Samsung Launches Web Browser for Gear VR
PRIV by BlackBerry Gets Its First Update
IDC Sees Transition To Detachable Tablets
Patriot Introduces 128GB Compact USB Flash Drives
AMD Launches the Low Profile FirePro W4300 Graphics Card for CAD
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > Micron ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, October 10, 2008
Micron to Restructure Memory Operations

In response to a challenging g

The combination of declining customer demand and product oversupply in the marketplace has driven selling prices for NAND flash memory significantly below manufacturing costs, particularly for 200 millimeter (mm) manufacturing lines. As a result, IM Flash Technologies (IMFT), a joint venture between Micron and Intel Corporation, said that it would discontinue the supply of NAND flash memory from Micron?s Boise facility. The NAND operation shutdown will reduce IMFT?s NAND flash production by approximately 35,000 wafers (200mm) per month.

As part of the restructuring, Micron plans to reduce its global workforce by approximately 15 percent during the next two years. The majority of the workforce reductions, which will begin with a voluntary program, will occur in Boise as a result of the NAND operation shutdown.

"Micron is in a strong position relative to our competitors, as evidenced by our balance sheet and cash flow, but we are not immune to the difficult global market conditions that are affecting us all," said Steve Appleton, Micron Chairman and CEO. "Operation shutdowns and related workforce reductions are always painful, but we are pursuing these actions to maintain the competitiveness of the company."

Apple to Unveil New Laptops Next Week        All News        Verbatim to Market LightScribe-certified 8x DVD+R DL Media
Toshiba Claims 1Mbps Quantum Cryptography Bit Rate     General Computing News      Google to Sell Music and Games Through Youtube, Puts Ads in Video Games

Get RSS feed Easy Print E-Mail this Message

Related News
Micron's Persistent Memory Solution Combines DRAM Performance With NAND Flash Reliability
Micron's XTRMFlash Memory Breaks Through NOR Flash Speed Limits
Micron, Western Digital Consider Buying SanDisk: report
ATP Announces Agreement with Micron for Legacy DRAM Module Support
Seagate Micron Alliance Introduce New SAS Solid State Drive
New Memory Memory Chip Is 1,000 Times Faster Than Flash
Micron M510DC SATA Solid State Drive Released - Company A Bid Target By Chinese
Low Memory Prices Hit Micron's Profit, Revenue
Computex: Micron Announces New High-Capacity, 16nm Triple-Level-Cell NAND
Micron, Seagate Announce Alliance on Solid-state Drives
Micron and ASTAR Data Storage Institute Renew Research Collaboration On STT-MRAM
Micron Introduces Embedded Multichip Package (MCP) Portfolio, Automotive Storage Solutions

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .