Hynix is screwed now

Author
Aron Schatz
Posted
May 8, 2002
Views
1773
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News.com reports that Hynix (The company that Micron failed to merge with) owns more than $5 billion. That means that banks and creditors will break up the company most likely.

They have asked Hynix to split up its businesses, which include memory and nonmemory semiconductors, and other operations such as TFT-LCD (thin film transistor liquid-crystal display) used in computer flat screens, the Hynix executive said.

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