Monday, August 6, 2007

Samsung to boost chip production after disruption

(Reuters) - Samsung's sprawling Kiheung complex was hit by a power shortage on Friday afternoon that shut down six of its chip production lines, raising the prospect of price increases and boosting shares of rival memory chip makers.




Shares in Samsung, the world's top memory chip maker, fell 1.02 percent, while rival Hynix Semiconductor Inc. , the second biggest, rose 0.67 percent in a falling Seoul share market as the firm is seen benefiting from Samsung's troubles.


Read more at Reuters.com Business News

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