Latest in Dram

Image credit:

Hynix set to close its Oregon plant, cutting 1,100 jobs

Share
Tweet
Share

Sponsored Links

It may have once talked about toppling both Intel and AMD within a decade, but South Korea's Hynix looks to have been knocked back on its heels a bit amid a general downturn in the DRAM market, and it's now taken the rather drastic step of closing down its plan in Eugene, Oregon, eliminating some 1,100 jobs in the process. As EE Times points out, that move is at least partly due to the fact that 300mm plants are ramping up faster than expected, making 200mm plans like the one in Oregon far less cost effective to operate and, apparently, too expensive to upgrade. There's also the little matter of some tariffs the United States had imposed on Hynix, which it was able to avoid thanks to its plant in Oregon, but which now appear to be set to expire. For its part, Hynix denies that has anything to do with the plant closing, and it adds that it is still looking at ways to "have a presence" in Eugene.

[Via The Wall Street Journal]



In this article: dram, hynix, plant, plant closing, PlantClosing, ram
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

Some of Ubisoft's PS4 games won't run on PS5

Some of Ubisoft's PS4 games won't run on PS5

View
Chevy will start selling EV retrofit kits in 2021

Chevy will start selling EV retrofit kits in 2021

View
Roborace engineer explains why a driverless racecar drove into a wall

Roborace engineer explains why a driverless racecar drove into a wall

View
Scientists found an Earth-sized ‘rogue’ planet in the Milky Way

Scientists found an Earth-sized ‘rogue’ planet in the Milky Way

View
Ford reveals how much its Active Driver Assist option will cost

Ford reveals how much its Active Driver Assist option will cost

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr