By Julian Goldsmith, 18 December 2001 11:48
NEWS Chipmaker NEC is to halt production at its plant in West Lothian, Scotland, in response to falling demand. The move will mean over 1,260 redundancies, following a previous cutback of 600 jobs worldwide announced earlier this year. The plant is to close by March next year. The chip fabrication plant in Scotland specialises in DRAM memory chips, which although widely used, have become commodity products, squeezing the profit margin the company can make on each chip. According to reports, the company may reopen the plant if demand for PC and mobile handset components revives.
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