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NEWS TAGGED BANKRUPTCY
Tuesday 14 August 2012
REC has decided to cease further funding of solar wafer subsidiary
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...
Tuesday 14 August 2012
Ability and Altek to see DSC shipments drop in 3Q12
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...
Thursday 12 July 2012
Centrotherm bankruptcy will not affect Sunshine PV, says Solartech
The world's largest solar equipment firm, Germany-based Centrotherm, filed for bankruptcy protection on July 11. Centrothem has been an important provider of solar equipment to Taiwan's...
Thursday 28 June 2012
Elpida bankruptcy brings unusual stability to DRAM pricing, says IHS
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...
Thursday 17 May 2012
Asia Optical reorganizing joint venture
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...
Thursday 29 March 2012
China-based white-box handset players may face bankruptcy
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...
Friday 23 March 2012
Altek suffers operating loss in 4Q11 mainly due to Kodak bankruptcy
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...
Monday 5 March 2012
Digitimes Research: Elpida bankruptcy to have long-term negative impact on Taiwan DRAM industry
The short-term impact of Elpida Memory's bankruptcy on Taiwan-based DRAM chipmakers might be mixed. However, none of the Taiwan companies, which are second-tier suppliers in the global...
Saturday 3 March 2012
DDR3 spot prices top US$1 after Elpida files bankruptcy, says inSpectrum
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.
Saturday 3 March 2012
Elpida bankruptcy set to boost DRAM prices and revenues, says IHS
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...
Friday 2 March 2012
Accounts receivable at Elpida estimated at NT$2 billion, says PTI
Packaging and testing house Powertech Technology (PTI) has said that its estimated accounts receivable at Elpida Memory, a major client in bankruptcy proceedings, have been revised...
Thursday 1 March 2012
Powerchip commits full support to Rexchip
Elpida Memory's bankruptcy filing has brought concerns about whether Rexchip Electronics, a 64.7%-held subsidiary of Elpida dedicated to manufacturing DRAM memory, would be able to...
Wednesday 29 February 2012
Rexchip says it will revise sales model with Elpida
Rexchip Electronics, the Taiwan-based production subsidiary of Japan's Elpida Memory, has stated that the firm will pursue a new sales model with the parent company, which has filed...
Wednesday 29 February 2012
Taiwan makers bracing for Elpida bad debts
Japan-based memory chipmaker Elpida Memory, which filed for bankruptcy protection on February 27 to restructure its debts and capital structure, might end up struggling to pay off...
Tuesday 21 February 2012
IC companies shutter 49 fabs from 2009-2011, says IC Insights
Data compiled by IC Insights reveals that 49 semiconductor wafer fabs were closed between 2009 and 2011.