Quarterly losses Micron rose almost threefold.

Losses American company Micron, one of the leading manufacturers of memory in the first quarter of 2009 fiscal year, which ended the fourth of December, amounted to 706 million dollars, reports DigiTimes, with reference to the financial report Micron.
A year ago, Micron net loss amounted to 262 million dollars. Thus, the loss for the year grew nearly three times the manufacturer.
Micron's revenues in the first quarter of 2009 fiscal year amounted to 1.4 billion dollars, which is 8.7 percent lower than a year ago. In the first quarter of 2008 fiscal year, Micron earned half a billion dollars.
Height loss Micron connects with the economic crisis and the collapse of prices for various types of memory. For example, DRAM-memory podeshevela by 34 percent, the flash memory NAND - 24 per cent.
To improve the financial situation of Micron plans to reorganize production at several factories. In addition, the company will reduce staff by 15 percent.
Simultaneously with the publication of financial reports Micron has forecast losses of Taiwan's largest manufacturers of DRAM-memory. According to some experts, over the last three months of 2008 consolidated losses Inotera Memories, Nanya Technology, Powerchip Semiconductor Corporation and ProMOS Technologies will be 606-908 million dollars.
It is anticipated that in the first quarter of 2009, DRAM-memory market to decline by 20 percent. This is expected to stop falling prices for DRAM-memory.
Recall that the government of Taiwan has pledged to support domestic producers of DRAM-memory during the crisis period. According to DigiTimes, Taiwanese memory manufacturers can rely on the 6.5 billion dollars of government investment.