The Inquirer-Home
Chips > Memory

Spansion files for bankruptcy protection

Crunch Flash in the pan
By INQUIRER Newsdesk
Mon Mar 02 2009, 10:18

MEMORY CHIP OUTFIT Spansion asked a US court for chapter 11 bankruptcy protection yesterday, saying it needed help to restructure and re-align its businesses.

The firm said it has assets of $3.84 billion but its debts amount to some $2.4 billion.

AMD owns about 8.7 per cent of Spansion, Fujitsu owns close to 11.54 per cent. µ

 

 

Share this:

< Previous article| Next article >
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
Click here to sign up Existing user
INQ Whitepapers

Databases

Network management

Security

Service oriented architecture

Storage
Advertisement
INQ Jobs
INQJOBS logo and link to the site
INQ Poll

Digital Economy Bill

Is the Digital Economy Bill a good thing?

View other polls
Follow us:
Business & Technology websites:
Business research resources:
Products:
Investment Market IT websites:
Find out what you are worth:
Search for a job:
Recruitment Agency A-Z Directory: All | ABCDEFGHIJKLMNOPQRSTUVWXYZ