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Micron, SanDisk slip; Hynix plant to reportedly be operational next month

Dec. 11, 2013 10:58 AM ETSK Hynix, Inc. (HXSCL) StockWDC, MU, SSNLF, HXSCL, SSNGYBy: Eric Jhonsa, SA News Editor7 Comments
  • MKM reports the Wuxi, China SK Hynix (OTC:HXSCL) DRAM plant that was badly damaged in a September fire will be operational by mid-January, well ahead of the mid-2014 timeframe forecast by others.
  • Micron (MU -2.1%) is slipping, as is SanDisk (SNDK -1.5%), which benefits when NAND flash capacity gets reallocated to deal with DRAM shortages.
  • Micron and SanDisk rallied on Monday amid a flurry of positive DRAM sales, pricing, and supply-related news.
  • Samsung (OTC:SSNLF, OTC:SSNGY), the world's largest DRAM manufacturer (37.1% Q3 share per DRAMeXchange), fell 1.4% overnight in Seoul. Hynix rose 0.8%.

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