Qimonda financial problems

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POSTER: computer news   ||   QIMONDA FINANCIAL PROBLEMS	DATE:2008-12-17
The memory market is sufficiently capricious in the periods of economic stability, Already the current crisis is easily capable to blow up many players. Associate reported about Dresden factories of qimonda companies  , which release DRAM memory . Let us recall that qimonda company is the small infineon company. Qimonda already searched for strategic or financial investors, which would allow the company to preserve the basic activity profile  . Recently, Saxony government  ,  located on qimonda factories in Germany, proposed  the aid company in the form of credit with size of 150 ml. Euros for restructuring . 150 by ml. Euros available  without delay had to introduce infineon company  , and the sum  300 ml Euros had to go for re-profiling qimonda production  in Germany. According to the concept of German authorities, Qimonda had to switch to the production of other semiconductor chips types . Infineon representatives  report that 150 ml Euros is not enough for the company, and it is forced to search for different solutions . Infineon prefers to limit the modest financial expenditures, and to also sell the substantial part of qimonda actions to German government. Furthermore, about 30% of colleagues, occupied in the production Of qimonda in Dresden, will lose their work . Related Products :

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