Feeds

Hynix shuts US plant to limit DRAM output

600 workers laid off

  • alert
  • submit to reddit

Hynix, the world's third-largest memory maker, will indeed cut back on DRAM production, it admitted yesterday, and will shut down a fab in Oregon for six months to help it weather the poor business conditions in the memory market.

Company sources said earlier this week that the decision to trim production had been made, but that the level of the reduction and where it would be imposed had yet to be settled upon, as we reported yesterday.

Hynix's plant in Eugene, Oregon will bear the burden of the plan, with a six-month shutdown. Six hundred workers will be told to spend more time with their families. The plant currently produces half of Hynix's worldwide 64Mb DRAM output and accounts for 16 per cent of the company's total output.

During the shutdown, the plant will be upgraded to 256Mb production, at a cost of $150 million. ®

Related Stories

Hynix sources confirm DRAM production cuts
Hynix warns it may cut chip production

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
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.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.