SK Hynix halts production after fire

The company is still determining if there are any casualties - as well as determining the cause of the accident, which occurred during deployment of equipment at the facility in Wuxi, China, according to Businessweek. The fire broke out at 03:50 p.m (local time) and was extinguished by 5:20 p.m SK Hynix holds a market share of 25% - 30% of the DRAM market – and what potential implications the fire might have caused the company and the industry is still unknown.