Thursday, October 16, 2008

Micron

http://www.eweek.com/c/a/Data-Storage/Micron-Technology-Shutters-NAND-Flash-Memory-Production-Plant-Cuts-Workforce/?kc=WBGNLSTR10142008STR4
Micron is a company that is one of the worlds largest producers of memory chips. They are going out of business so the price on memory chips is going down. Prices on the chips are dropping largely and and Micron announced on Oct 1 they had $344 million loss in the fourth-quarter .

This could be a good thing but what happens when the they shut down the prices will probably sky rocket due to not as many coming out.

No comments: