Hynix to cut DRAM output 20-30 pct from late Dec
SEOUL Dec 18 (Reuters) - Hynix Semiconductor (000660.KS), the world's No. 2 memory chip maker, said on Thursday it was planning to cut its production of computer memory chips by 20 to 30 percent starting in late December.
"We are taking advantage of the company-wide vacation period starting in late December to achieve the cuts," a Hynix spokeswoman told Reuters. "We will reevaluate our decision early next year depending on the market situation."
Earlier on Thursday, the Seoul Economic Daily reported that the company was considering 20 to 30 percent cuts in dynamic random access memory (DRAM) chips, widely used in personal computers.
(Reporting by Marie-France Han; editing by Keiron Henderson)
- Tweet this
- Share this
- Digg this
- Factbox - Scotland's independence vote: How will the results come?
- Divided, Scots prepare to vote on fate of the United Kingdom |
- Australian PM says police raids follow threat of beheading
- Divided, Scots prepare to vote on fate of the UK |
- Scottish supporters of United Kingdom have 4 percent point lead - YouGov poll