Flash Memory

SK Hynix posts Q4 profit swing on strong chip demand

South Korea's SK Hynix reported Wednesday a fourth-quarter net profit of 164 billion won ($151 million) as growing sales of mobile devices in emerging markets fanned demand for its memory chips.
 

Samsung starts to build $7 bln chip plant in China

South Korea's Samsung Electronics said Wednesday it had started building a new $7 billion chip plant in the Chinese city of Xian -- its biggest-ever investment in the country.
 

Hynix posts another loss on weak chip prices

South Korea's SK Hynix, the world's second largest memory chip maker, reported a net loss for the fourth straight quarter due to weak chip prices and softening global demand for electronics.
 

S. Korea's SK Hynix to buy US firm for $248 mln

South Korea's SK Hynix said Wednesday it would buy a US-based IT firm for $248 million to strengthen the performance of its flash memory devices, used in smartphones and tablet computers.
 

S. Korea's Hynix swings to red in Q4 on poor demand

South Korea's Hynix Semiconductor, the world's second-largest maker of memory chips, said Thursday it swung into the red in the fourth quarter as chip prices fell on weak demand for personal computers.
 

Nanya: no plans for any role in Elpida-Micron deal

TAIPEI (Reuters) - Taiwanese chipmaker Nanya Technology Corp denied on Monday any intention to join a possible tie-up between Japanese rival Elpida Memory Inc and Micron Technology, but its shares soared on hopes for consolidation in the struggling industry.
 

Smartphones power Samsung to record profit

South Korea's Samsung Electronics on Friday reported a record operating profit of 5.3 trillion won ($4.72 billion) in the fourth quarter, thanks largely to booming smartphone sales.
 

Smartphones power Samsung to record profit

South Korea's Samsung Electronics on Friday posted a record operating profit of 5.3 trillion won ($4.72 billion) in the fourth quarter, thanks largely to booming smartphone sales.
 

SanDisk warns of tough first half of 2012

SAN FRANCISCO (Reuters) - Flash memory supplier SanDisk warned that weaker demand from some mobile device manufacturers would hurt its revenue in the first half of this year, sending its shares sharply lower.
 

Japan's Elpida in three-way tie-up talks: report

Japanese microchip maker Elpida Memory is in final talks to form a three-way business tie-up with Micron Technology of the United States and Taiwan's Nanya Technology, a report said Tuesday.
 

Elpida in talks to merge with Micron, Nanya: report

TOKYO (Reuters) - Japan's Elpida Memory <6665.T> is in talks to merge with U.S. firm Micron Technology <MU.O> and Taiwan's Nanya Technology <2408.TW>, the Yomiuri newspaper reported on Tuesday, as the memory chip makers battle a weak market and well-funded South Korean rivals.
 

Tepid PC sales weigh on Micron's results

(Reuters) - Micron Technology <MU.O> posted quarterly results below expectations and said weak prices for DRAM memory chips are making industry consolidation inevitable.
 

Apple buys Israeli start-up for $400 mn: reports

US giant Apple has finalised its first Israeli acquisition, agreeing to buy flash memory maker Anobit for about $400 million (307 million euros), local financial media reported on Wednesday.
 

Exclusive: Made in Texas: Apple's A5 iPhone chip

SAN FRANCISCO - Apple Inc is famous for relying on low-cost Asian manufacturers to both source and assemble its popular gadgets, but the consumer device giant recently started receiving a critical component in its iPad and iPhones from closer to home - Texas.
 

Exclusive: Made in Texas: Apple's A5 iPhone chip

SAN FRANCISCO - Apple Inc is famous for relying on low-cost Asian manufacturers to both source and assemble its popular gadgets, but the consumer device giant recently started receiving a critical component in its iPad and iPhones from closer to home - Texas.
 

Apple in talks to buy Anobit for $400-$500 million: report

JERUSALEM (Reuters) - Apple Inc is in talks to buy Israel's Anobit, a maker of flash storage technology, for as much as $500 million, according to a report published on Tuesday.
 

Samsung to build flash memory chip line in China

Samsung Electronics, the world's largest memory chip maker, said it would build a new production line in China for flash memory chips used in tablets and smartphones.
 

Samsung plans flash chip line in China

SEOUL (Reuters) - Samsung Electronics said on Tuesday it plans to build a flash memory chip plant in China, seen costing some $4 billion, as a boom in smartphones and tablet computers is set to fuel the $22 billion chip industry's growth next year.
 

Samsung says plans flash chip line in China

SEOUL (Reuters) - Samsung Electronics, the world's top memory chip maker, said on Tuesday it had decided to build a plant in China to start production of flash memory chips from 2013 as it seeks to ride a boom in smartphones and tablet computers.
 

27mover4.ART

Fusion-io, which makes flash-memory technology, announced a public offering of 8.84 million shares at $33 each. A total of 3 million shares are being offered by the Salt Lake City-based company while stockholders are selling 5.8 million shares. The underwriters have an option to purchase up to an additional 1.32 million shares from selling stockholders on the same terms and conditions.