Micron swings to loss in fiscal 3Q16, to cut jobs

Jessie Shen, DIGITIMES, Taipei Friday 1 July 2016 0

Micron Technology swung to net losses of US$215 million in the third quarter ended June 2, 2016, from profits of US$491 million a year earlier. Meanwhile, revenues fell 25% on year to US$2.90 billion.

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