Feeds

Hynix sources confirm DRAM production cuts

Effect on jobs not yet known

  • alert
  • submit to reddit

Memory maker Hynix will start reducing its DRAM output at the end of this month in a desperate bid to curb the crashing price of memory chips.

So says DigiTimes, citing "top-level sources". The company has been rumoured to be considering production cuts for some weeks now.

At this stage it's not known whether jobs will be eliminated at the company's memory plants - it has 13 of them - or which production lines will be turned off, but the betting has to be on the older facilities.

The news follows a report from Korean analyst Meritz Securities that the DRAM market is going to get a lot worse before it gets better. Meritz also believes that the major memory producers will soon begin to cut back on production in a bid to prevent the downward spiral of DRAM prices.

It's not known how much production capacity Hynix will cut, but DigiTimes cites "industry observers" who put the figure at 20 per cent of the company's monthly output. ®

Related Story

DRAM market to get worse before it gets better

Related Link

DigiTimes: Hynix to cut DRAM production at the end of July

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.