March 17, 2009
Qimonda AG deadline extended
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
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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