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SK hynix expects fire-damaged China chip plant to be fully operational next month

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(Globalpost/GlobalPost)

SEOUL, Sept. 13 (Yonhap) -- SK hynix Inc., the world's second-largest manufacturer of computer memory chips, said Friday that it expects its fire-damaged chipmaking plant in China to resume full operations next month.

On Sept. 4, production at the chipmaking plant in Wuxi city was stalled after a gas leak caused a fire at the plant. Since Saturday, partial production has resumed.

The facility produces dynamic random access memory (DRAM) chips, used to store data on personal computers and mobile devices such as smartphones and tablets.

The Chinese factory accounts for around half of SK hynix's DRAM production, which has sparked concerns over a shortage of computer memory chips around the globe.

"In order to minimize disruptions in our DRAM supply, we will increase our DRAM production at our headquarters, which will lead to a slight temporary decrease in NAND flash production," it said in a statement.

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http://www.globalpost.com/dispatch/news/yonhap-news-agency/130913/sk-hynix-expects-fire-damaged-china-chip-plant-be-fully-oper