Seems that the trouble has become more than they can handle.
When we first had a look at the German memory manufacturer Qimonda last week, they were in hot water from ailing profits and looking for a buyer to pull them out of their predicament.
It seems that help can't come fast enough, with the company declaring its need to find an investor by the end of March this year, or be forced to shut production.
Even though the company has worked hard to reduce manufacturing costs, their efforts so far have not been enough to extend their lifespan.
There are a few potential buyers but Qimonda has accumulated some debt to the order of billions of euros, and we don't think it too likely that someone will see enough value here to step in and save them.
What this will mean for hardware manufacturers such as those using GDDR5 and GDDR3 chips remains to be seen, but we're pretty sure the slack can be picked up quite easily by the remaining memory manufacturers.
Head over to the Sydney Morning Herald to get the rest of the info.
Issue: 133 | February, 2012