Tuesday, January 28, 2003
Micron acknowledged a series of missteps that contributed to the company's loss of $316 millions last year, said the executive in a meeting held in Boise, Idaho.
Among the misjudgements were Micron's attempt to buy competitor Hynix Semiconductors Inc., and the a sprawling fabrication facility in Manassas, Va. as part of its purchase of Toshiba Corp.'s DRAM operations, the executive said.
The executive continued to say that he thought the most damaging decision was Micron's failure to deliver a 256-Mbit double-data-rate DRAM based on 0.13-micron process technology before competitors.
Nevertheless, the company officials vowed that Micron will take the lead in moving to 0.11-micron design rules, which should represent 70 percent of Micron's total capacity by the first quarter of 2004.
By: DocMemory
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