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Nary a month after securing €325M in emergency loans, Qimonda (QI) files for bankruptcy....

Nary a month after securing €325M in emergency loans, Qimonda (QI) files for bankruptcy. "The insolvency petition is the result of the massive drop in prices in the DRAM industry and dramatically decreased access to financing on the capital markets." 77.5% stakeholder Infineon (IFX) -5.6% in Frankfurt.
Comments (1)
  • Jake Huneycutt
    , contributor
    Comments (1404) | Send Message
     
    It'll be interesting to see how this affects Micron (MU) today.
    23 Jan 2009, 09:03 AM Reply Like
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