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

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.