Hope Grows for a Taiwan Chipmaker Bailout
As Americans argue about whether to rescue the Detroit automakers, a different kind of bailout debate is under way in Taiwan. Falling demand for consumer electronics has sent chip prices for DRAM (memory chips used in computers and other devices) plunging by almost 70%. That drop has slammed Taiwanese semiconductor companies, which account for one-third of the memory chips used in PCs and other electronics, and has led many executives to talk about getting money from the government.
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