Hynix DRAM plant erupts in flames, entire industry affected
Two Hynix DRAM production facilities in Wuxi, China destroyed in massive chemical explosion and resulting fires (KRX:000660)
We're following a breaking story this morning coming out of Wuxi, China, where two DRAM production facilities owned by SK Hynix Semiconductor were destroyed in what is being described as a massive chemical explosion. Hynix is the world's number two maker of Dynamic Random Access Memory (DRAM) and, as of the second quarter of this year, had a 30 percent market share.
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