Qimonda sells Inotera stake, cutting 3,000 jobs

Monday, October 13, 2008 - 09:21 in Mathematics & Economics

(AP) -- 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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