After warning it could run out of cash, German memory chip maker Qimonda (QI) gets a €325M cash...

|By:, SA News Editor

After 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.