Memory – the Canary in the Coal Mine

This post is chock full of good references to financial information for memory chip companies.  A really good (if very depressing) summary.

Chip forecasts head south | Business Tech – CNET News

The memory chip industry is the canary in the coal mine. At least two memory chip manufacturers are on life support right now

       ….

And let’s not forget the Micron surprise on Thursday. The largest maker of memory chips in the U.S. said it would reduce its workforce 15 percent during the next two years. “Selling prices for NAND flash memory (are) significantly below manufacturing costs,” Micron said in a statement.

SanDisk–the largest supplier of retail flash memory products–has problems of its own. It has become a buyout target as its stock price has steadily declined over the last 12 months.

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Published in: on October 10, 2008 at 6:37 pm  Leave a Comment  

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