Online information source for semiconductor professionals
Hynix cuts capital spending by $1 billion
Popular articles
New Product: Applied Materials new EUV reticle etch system provides nanometer-level accuracy - 19 September 2011
Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008
â??Velocityâ?? the new buzzword in Intelâ??s PQS annual awards - 12 April 2012
Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008
New Product: ASML Brionâ??s Tachyon MB-SRAF enables OPC-like compute times - 19 September 2011
Hynix Semiconductor has been reported to be cutting capital spending
plans for 2008 by approximately $1 billion due to poor pricing of NAND
and DRAM memory devices as overcapacity remains in the market.
Hynix reported a fourth-quarter loss in February of approximately $400 million. Investments of approximately $2 billion at its 300mm fabs, M11 and Wuxi C2 line, are not affected by the CapEx reduction, according to reports. Spending in the first half of the year is on target with reductions due to the second half of 2008.