March 17, 2009

Qimonda AG deadline extended  03/17/09 12:01 AM

Qimonda AG deadline extended An end-of-March deadline for Qimonda AG to find investors has been extended, and liquidation of the memory-chip maker is still a possibility, according to court officials in Munich. The German owner of a bankrupt chip-making operation in Henrico County will ramp down production at its Dresden, Germany, facility while the search for investors continues.


February 10, 2009

Qimonda in talks with investors  02/10/09 12:01 AM

Qimonda AG said yesterday that it is talking with investors in Asia to save the cash-strapped company, but it is unclear what this latest development means for its manufacturing operation in Henrico County. The Munich-based memory-chip maker filed for insolvency protection last month in Germany, which is similar to filing for bankruptcy.

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