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

Samsung Elec to invest $3.5 billion in U.S. chip plant

(Reuters) - Samsung on Friday unveiled a new NAND flash memory production line, which it started building in 2006 at the Texas plant and uses advanced 12-inch wafers.




The announcement on Friday was the first time the company has disclosed the total amount it will to invest in the NAND facility, which will produce flash memory chips for use in popular consumer gadgets such as music players, cell phones and digital cameras.


Read more at Reuters.com Business News