Hynix Semiconductor to Shut Down Fab in the U.S.
The market of dynamic random access memory (DRAM) tends to be very competitive and manufacturers try to minimize their manufacturing costs using any means. Hynix Semiconductor, one of the world’s top DRAM suppliers, said late on Wednesday that it plans to shut down its manufacturing facility in Eugene, Oregon.
Hynix explained that because of short- and long-term market conditions, which include a steep reduction in the price of memory chips worldwide and accelerated technological migration towards next-generation production standards, Hynix Semiconductor it has decided to close its Eugene fabrication facility. The production of the fabrication plant will be eventually stopped by end of September.
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