DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
January 20, 2018 
Main Menu
News archives

Who's Online
There are currently 51 people online.


Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller

Follow us

Spansion Japan bites the dust

Posted on Tuesday, February 10 2009 @ 20:55:55 CET by

Forbes reports the Japanese business unit of flash memory maker Spansion has filed for bankruptcy protection, with total liabilities of $810 million. The chip firm was severely hit by sharp price drops and weak market demand.
U.S.-based Spansion Inc, the world's third-biggest flash memory maker, said the Japanese unit's filing does not 'materially' affect its global operations.

It added that the unit had sufficient cash on hand to meet its short-term working capital needs.

'We intend for Spansion Japan to continue to operate throughout the restructuring period,' Spansion Inc President and CEO John Kispert said in a statement.

Spansion Inc, owned 11.4 percent by Fujitsu Ltd and 8.7 percent by Advanced Micro Devices, is the world's biggest maker of NOR-type flash memory with a market share of about 40 percent.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2017 DM Media Group bvba