The Inquirer-Home

Micron's Steve Appleton bursts into tears

Holds onion in left hand, sobs quietly...
Tue Jan 28 2003, 15:28
A REPORT IN EE Times said Micron CEO Steve Appleton, is "full of remorse" for mistakes the company made.

Although it's hard for us to visualise the tough old geezer bursting into tears, as our headline suggests.

The report said Appleton made the remarks when he opened a winter analyst conference last week, against the background of a $316 million loss in the memory firm's last quarter.

Micron's attempt to buy Hynix, and the acquisition of a Virginian fab when it bought Toshiba's DRAM business were two of the mistakes the firm made.

And it lagged behind the competition by not bringing out a 256-Mbit DDR memory using .13µ (micron) technology, the report said.

You can find the story here. µ

Share this:

Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

aboutus
Advertisement
Subscribe to INQ newsletters
Advertisement
INQ Poll

Authorities in several countries raided Megaupload recently, shut down all of its services, seized hundreds of servers and arrested several of its executives on criminal charges.

Do you think the move was justified?