Wednesday, July 23, 2008

ASIAN CHIP MAKERS FACE Q2 BLOODBATH

Mail Today
Asian memory chip makers are set to post steep second- quarter losses as an 18- month supply glut shows no sign of easing, though top- ranked Samsung Electronics will be shielded by earnings from its screen and mobile phone businesses. Makers of dynamic random access memory (DRAM), used mainly in personal computers, have been left reeling by a lengthy slump in prices that show no sign yet of fully recovering.

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