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The Wire

Qimonda set for euro325 million bailout

Dec 21 - By Associated Press

Troubled memory-chip maker Qimonda AG on Sunday secured a rescue package of euro325 million ($452 million) in loans from a German regional government, parent company Infineon and a Portuguese state bank.

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Qimonda sells Inotera stake, cutting 3,000 jobs

Oct 13 - By Associated Press

German memory-chip maker Qimonda AG is cutting 3,000 jobs and selling its stake in Inotera — a joint venture with Taiwan's Nanya Technology Corp. — to Micron Technology Inc. for $400 million.

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Chip Maker Infineon Reports Wider Loss

Nov 13 - By Associated Press

Computer chip maker Infineon Technologies AG said Wednesday that its fourth-quarter loss widened as revenue tumbled and its majority-owned chip memory making unit Qimonda AG struggled.

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