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Electronics Production | January 04, 2011

Powerchip unable to pay bills?

Rexchip is said to have suspended DRAM shipments to Powerchip due to unpaid bills.
Rexchip has suspended DRAM shipments to Taiwan-based DRAM maker Powerchip Technology. The latter is reportedly unable to pay. DigiTimes reports that Powerchip is now in talks with both Elpida Memory and Rexchip Electronics about its overdue payments. Rexchip is owned by Elpida (70%) and Powerchip (30%).
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