[Reuters] Qimonda, Samsung hit by chip market crash

Posted by: UGN Security

[Reuters] Qimonda, Samsung hit by chip market crash - 01/23/09 11:50 AM

FRANKFURT/SEOUL (Reuters) - German memory chip maker Qimonda filed for insolvency on Friday and South Korea's Samsung Electronics posted its first-ever quarterly loss, in the latest signs of recession hitting the technology sector.