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Steven Perez
DRAM maker Powerchip seeks to cut costs, sell assets | Industries | Technology, Media & Telecommunications | Reuters - http://uk.reuters.com/article...
"Loss-making Powerchip Semiconductor Corp (5346.TWO), Taiwan's biggest DRAM maker, said on Monday it will look to trim costs further and sell off non-core assets in a bid to survive the chip sector's worst ever downturn. The company, which is facing weakening demand and a large oversupply of the dynamic random access memory (DRAM) chips used in personal computers, also said Chairman Frank Huang would forgo his salary from Monday until Powerchip returns to profit." - Steven Perez from Bookmarklet