ProMOS to shut plants for at least 9 days in January

ProMOS Technologies Inc., an unprofitable maker of computer-memory chips, will shut its two factories for at least nine days during the Lunar New Year holidays in January.

“We may extend the shutdown to 11 days or more by letting engineers take extra days off before or after the official nine- day holiday,” Ben Tseng, a spokesman at the Hsinchu, Taiwan- based company, said in a telephone interview.

Tseng’s comment came after Dramexchange Technology Inc., Asia’s biggest spot market for semiconductors, said in an e- mailed statement today that the chipmaker will shut down factories for a month in January, without saying where it got the information. Tseng denied the report, saying “it’s ridiculous.”

Prices of the benchmark dynamic random access memory, or DRAM, have tumbled 45 percent this year to a record, according to the Taipei-based Dramexchange.

Samsung Electronics Co., the world’s largest maker of computer memory, last month forecast prices will fall 30 percent in 2009.

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