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Toshiba and SanDisk to cut flash memory chip production - Toshiba and SanDisk to cut flash memory chip production
Wed, December 17 2008 | 2:37AM | PermaLink Feedback?
Toshiba and its U.S. partner, SanDisk, will cut its NAND flash memory production by 30 percent beginning next month, Toshiba said Tuesday, as the global economic slowdown hits demand for the chips, which are used in digital cameras and portable music players. Toshiba said it was unclear how long the output reduction would remain in place. Even before those cuts, it will also halt chip output on its 300-millimeter wafer lines for 13 days starting Dec. 31, its first-ever production cut in NAND flash chips. "The slowdown in worldwide semiconductor sales that became evident in September continued in October," the association's president, George Scalise, said in a statement. "The worldwide financial turmoil is expected to continue to impact demand for semiconductors as we enter 2009."
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