Online information source for semiconductor professionals
Micronas to cut 120 jobs by 1Q08
01 January 2008 | By Síle Mc Mahon | Recruitment News
Popular articles
Micron moving fast on Hynix in Q208 NAND flash rankings, says iSuppli - 19 August 2008
Numonyx to close California Technology Center - 12 August 2008
Qimonda starts major reorganization: exits PC DRAM market - 13 October 2008
Micron close to Inotera share purchase, says Gartner - 06 October 2008
Applied Materials sees higher CapEx spending for 2009 - 15 August 2008
Micronas’ set top boxes for IPTV applications have been discontinued, the company announced. The company’s restructuring efforts will result in approximately 100 job cuts in Santa Clara, while an estimated 20 employees will be lost in Shanghai, China.
This follows news that Micronas planned to cut back on spending in the field of R&D, and is expecting losses for 2007. Completion of restructuring activities is anticipated by the end of the first quarter of 2008.
By Síle Mc Mahon