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After warning it could run out of cash, German memory chip maker Qimonda (QI) gets a €325M...
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Sunday, December 21, 2008, 10:45 AM ETAfter warning it could run out of cash, German memory chip maker Qimonda (QI) gets a €325M cash infusion from its biggest shareholders, including a €75M loan from 77.5% stakeholder Infineon (IFX). Last week the world’s #2 memory chipmaker, Hynix, sliced production, which may help clear out a worldwide glut.
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