REC Wafer declares bankruptcy

Aug 20, 10:59

Norway-based solar wafer firm REC Wafer has filed for bankruptcy after its parent company REC ASA announced the termination of further funding last week.

REC has decided to cease further funding of solar wafer subsidiary

Aug 14, 15:26

REC ASA has decided to cease further funding of its solar wafer subsidiary, REC Wafer Norway AS. Consequently there is no basis for a solvent winding-up of the company and the Board...

Ability and Altek to see DSC shipments drop in 3Q12

Aug 14, 01:45

Taiwan-based digital still camera (DSC) makers Ability Enterprise and Altek are both expected to see a shipment drop in the third quarter of 2012, affected by demand being replaced...

Elpida bankruptcy brings unusual stability to DRAM pricing, says IHS

Jun 28, 16:06

Pricing in the DRAM market has become markedly less volatile since the February bankruptcy filing of major supplier Elpida Memory, deviating from long-term trends in statistically...

Asia Optical reorganizing joint venture

May 17, 14:03

Asia Optical, a Taiwan-based maker of optical lens modules and digital cameras, is readjusting the organization of AOF Imaging Technology, its joint venture with Singapore-based Flextronics...

China-based white-box handset players may face bankruptcy

Mar 29, 01:30

China-based white-box handset players are suffering as larger local players ZTE, Lenovo and Huawei are aggressively entering the CNY1,000 (US$159) smartphone segment, while first-tier...

Altek suffers operating loss in 4Q11 mainly due to Kodak bankruptcy

Mar 23, 01:00

Altek on March 22 released its 2011 financial report, suffering a net operating loss of NT$741 million (US$25 million) mainly because of losses in accounts receivable and inventory...

DDR3 spot prices top US$1 after Elpida files bankruptcy, says inSpectrum

Mar 3, 11:50

Elpida Memory's bankruptcy filing earlier last week has boosted spot market prices for DDR3 memory with 2Gb chips topping US$1, according to inSpectrum.

Elpida bankruptcy set to boost DRAM prices and revenues, says IHS

Mar 3, 10:48

Elpida Memory's move to file bankruptcy protection this week will benefit the remaining players in the DRAM market, reducing supply and boosting pricing and revenues in the second...

IC companies shutter 49 fabs from 2009-2011, says IC Insights

Feb 21, 14:24

Data compiled by IC Insights reveals that 49 semiconductor wafer fabs were closed between 2009 and 2011.

Eastman Kodak files for bankruptcy

Jan 20, 11:07

Eastman Kodak has announced the company and its US subsidiaries have filed voluntary petitions for business reorganization under chapter 11 of the US Bankruptcy Code.

Asia Optical, Altek impacted by Kodak bankruptcy

Jan 20, 10:44

Asia Optical and Altek, two Taiwan-based digital camera ODMs, have suffered overdue accounts receivable payments and losses in inventory from the Chapter 11 bankruptcy protection...

Taiwan ODMs considering cash only transactions with Kodak

Jan 17, 01:30

As Kodak is facing bankruptcy crisis, rumors about the company filing lawsuits against Apple, High Tech Computer (HTC) and Fujifilm as a last resort to help its financial situation,...

Solon bankruptcy causes stirs in Taiwan solar industry

Dec 19, 14:39

The wind of bankruptcies of solar firms has been blowing to Europe's solar industry. Europe-based solar module firm Solon declared bankruptcy last week, causing quite a stir. Taiwan-based...

China-based PV module maker Suntech Power denies bankruptcy rumors

Oct 21, 11:29

Suntech Power Holdings, a large China-based maker of crystalline silicon PV modules, has reportedly filed a request for bankruptcy due to serious financial woes, but Suntech has denied...

Rising minimum wage in China to seriously impact PC component suppliers

Sep 27, 01:05

To counter domestic inflation, several provinces in China including Guangdong and Jilin are set to increase their minimum wage in early 2012, while cities such as Chongqing, where...

Taiwan firms unlikely to land orders from Evergreen Solar customers

Aug 17, 11:48

US-based solar firm Evergreen Solar has declared bankruptcy and plans to sell its String Ribbon silicon wafer technology. The development has prompted speculation that orders may...

Taiwan PC supply chain players facing bankruptcy crisis in China

Aug 4, 01:10

Taiwan-based PC supply chain players are facing a crisis of being bankrupted in China as the China government started executing new social insurance policies in July which will significantly...

Infineon purchases Qimonda assets in Dresden for EUR100.6 million

May 11, 10:59

Infineon Technologies announced on May 10 that the company has purchased real estate and manufacturing facilities from Michael Jaffe, insolvency administrator managing the assets...

Flash card maker Hagiwara files for bankruptcy protection

Apr 8, 12:00

Japanese flash card maker Hagiwara Sys-Com reportedly has filed for bankruptcy protection, raising speculation that the dedicated memory module sector will go through another restructuring...

Spansion emerges from bankruptcy

May 11, 10:15

Flash memory solutions provider Spansion on May 10 announced it has emerged from Chapter 11 reorganization. During the reorganization, Spansion focused its business on serving embedded...

Spansion moves closer to exiting Chapter 11

Apr 2, 17:02

Spansion on April 1 announced that the US Bankruptcy Court for the District of Delaware has issued a decision regarding its plan of reorganization that overrules a number of objections...

Qimonda Suzhou plant sold to state-backed venture capital

Mar 16, 14:08

China's state-backed Suzhou Venture Group (SVG) has acquired Qimonda's facility for DRAM module assembly and testing in the Suzhou Industrial Park, and renamed it Gerad Technologies...

Spansion to strengthen ties with Taiwan backend partners, says executive

Jan 7, 15:29

Spansion intends to enhance cooperation with its Taiwan-based partners such as Powertech Technology (PTI) and Siliconware Precision Industries (SPIL) in 2010, according to John Nation,...

MagnaChip emerges from Chapter 11

Nov 9, 12:05

MagnaChip Semiconductor, a South Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for consumer applications, has issued a statement that its...

Qimonda sets up IP licensing group

Oct 13, 15:46

Qimonda has announced the establishment of Qimonda Licensing, a company responsible for the licensing and exploitation of its worldwide patent portfolio. The IP licensing company...

Spansion to seek debt-for-equity swap to ease financial pressure, says executive

Aug 17, 10:34

Spansion's financial restructuring following its exit from Chapter 11 will involve a debt-for-equity swap, according to John Nation, director of corporate marketing for the NOR flash...

Spansion executive to pay visit to Taiwan

Aug 12, 12:26

John Nation, director of corporate marketing for Spansion, plans to pay a visit to Taiwan this week, raising speculation that the NOR flash chipmaker is looking to aggressively take...