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Posted On: 12/20/2012 11:40:08 PM
Post# of 28539
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Posted By: testuser
SAN FRANCISCO (Reuters) - Micron Technology posted a quarterly net loss and lower revenue as it struggled with a slowing PC industry and macroeconomic uncertainty. Consumers' growing preference for smartphones and tablets instead of laptops has been hurting PC manufacturers, which traditionally have been major buyers of DRAM chips made by Micron and rivals like Samsung Electronics. Global economic uncertainty has also held down prices for chips, including the NAND memory, used by Apple and other manufacturers of smartphones and tablets. ...

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