Electronics Production | January 07, 2011
Rexchip resumes shipments to Powerchip
Rexchip, Elpida and Powerchip have apparently reached a settlement in the dispute over unpaid bills.
Rexchip Electronics has apparently resumed its DRAM shipments to Powerchip Technology, after suspending them on Monday. Powership, a shareholder in Rexchip, had failed to pay for earlier shipments. Powerchip will pay those in installments, but new order will have to be paid on order intake.
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