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Micron's Steve Appleton bursts into tears

Holds onion in left hand, sobs quietly...
Tuesday, 28 January 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

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