Thursday, June 28, 2007

UPDATE 1-Micron Technology posts Q3 loss

(Reuters) - The Boise, Idaho-based company said the price of dynamic
random access memory chips fell about 35 percent and NAND flash
products dropped 30 percent, both sequentially, during the
quarter.




The company, which said it was pursuing initiatives to
drive cost efficiencies and revenue growth, reported a net loss
of $225 million, or 29 cents per share.


Read more at Reuters.com Market News

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