SK Hynix partially resumes production at fire-hit plant

Posted on Monday, Sep 09 2013 @ 13:20 CEST by Thomas De Maesschalck
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SK Hynix announced it has partially resumed production at its Wuxi, China factory that was damaged in a fire on September 4. The company said the plan is to resume normal operations with full production capacity asap. According to DRAMeXchange, spot prices of DRAM memory chips rose up to 20 percent as a result of the fire accident. The Wuxi plant accounts for over 10 percent of world's DRAM wafer production.
"We are continuing our inspection of utilities and equipment to restore the line that was partly damaged by the fire under the cooperation of the Chinese government," the company said in a statement. "Our plan is to resume normal operations with full production capacity in the shortest time by ramping up operations in stages as soon as the damaged facilities are replaced."

"We will continue to make every effort to minimize the impact on supply with our inventories of finished products and completely processed wafers as well as production support from our headquarters," SK Hynix continued.

DRAMeXchange said in its new report that a considerable shortage in PC DRAM supply will likely occur if SK Hynix's cleanroom take a considerable time to resume normal operations. DRAM pricess will rise due to a shortage.
Source: DigiTimes

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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