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Tue, Dec 04, 2001 - Page 21 News List

Micron Technology may buy Hynix

MERGER?If the second-biggest computer memory chipmaker takes over the ailing South Korean company, the world's largest maker of DRAM chips would be created

BLOOMBERG , SEOUL

Chip prices slumped as personal computer makers slashed orders for components as sales of their products fell for the first time since the 1980s.

As part of its agreement with creditors Hynix still has to try to sell up to 1 trillion won of new shares.

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