US House Price Graph 2004-2011


Hynix Closes Eugene Fab

This one hits close to home - my dad worked for Hynix and this closure was not a surprise.From the Oregonian:

Oregon’s jittery economy took its biggest hit Wednesday with word that Hynix Semiconductor plans to shutter its 10-year-old memory chip plant in Eugene in the next two months, putting more than 1,100 employees and 300 contractors out of work.Kim Jong-kap, chairman of the Korean company, delivered the news personally to Gov. Ted Kulongoski and to Eugene Mayor Kitty Piercy during a visit to Oregon on Wednesday. Kim told them the closure resulted from the chip industry’s move to larger, more efficient 300-millimeter silicon wafers, instead of the 200-millimeter wafers used at the Eugene plant.Employees are to be formally notified today. Hynix declined comment, pending that notification.“For us, this is a huge blow to our families, and it’s a blow to our economy,” Piercy said. She said Hynix left the door […]

Original post by noreply@blogger.com (Clint8200)

House Price Bookmark These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • StumbleUpon
  • BlinkList
  • Furl
  • MisterWong
  • Reddit
  • Scoopeo
  • Spurl
  • Technorati

Comments are closed.