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