It’s been a busy week over at Micron Technology Inc. Its electronics division – where former Dell Computer exec Joel Kocher is now president and chief operating officer – announced a re-trenching that sees 10% of its 4,500 work force transferred back to the parent company and the effective dismemberment of its NetFrame server business […]
It’s been a busy week over at Micron Technology Inc. Its electronics division – where former Dell Computer exec Joel Kocher is now president and chief operating officer – announced a re-trenching that sees 10% of its 4,500 work force transferred back to the parent company and the effective dismemberment of its NetFrame server business in Milpitas, California. That, together with too many notebooks left sitting on the shelves will result in a second quarter loss to be announced March 17. Moreover, Micron is tipped to prompt a new US Department of Commerce DRAM anti-dumping case against Korean manufacturers following CEO Steve Appleton’s claim that the International Monetary Fund’s bailout of Korean businesses could harm competition in the industry. A South Korean semiconductor trade group told Reuters the allegations were unfounded.
