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ProMOS to lay off?

DRAM manufacturer ProMOS is rumoured to plan mass layoffs.

Taiwan-based DRAM chipmaker ProMOS Technologies is reportedly planning to let 1'000 workers go, writes DigiTimes. The plan could be implemented as early as mid-October. Rumours about a possible sale of a 12-inch wafer plant to Globalfoundries or TSMC have also flared up.

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