Qimonda U.S.A. Apply bankrupt too
Qimonda Company seems not to find a rest for be already applied bankrupt now by the American subsidiary which hit the blue manufacturer of the troubling.
U.S.A. unitimonda North America Company and Qimonda Richmond L.L.C. Ave file bankruptcy law bankrupt court of district of Delaware in U.S.A. one voluntary petition that lighten under chapter 11 of U.S.A. each.
U.S.A. its Sandston, fab of Virginia, the company plans to continue its selling and selling and managing and announcing demoting to before. Management will concentrate on developing an enterprise and recombinating the plan now.
On the 23rd of January, can’t protect nticipated governmental investment, parent company, Qimonda Company, files protecting in Germany and gives and goes bankrupt.
American unit of Qimonda confirm, apply, go bankrupt, protect for best interests of Company. ” File difficult, as determine, allow us construct balance sheet of us and one chance of action to improve us essential again in these cases, ” Miriam and Martinez says, the presidents and chief financial officers of Qimonda North America, while one are stated.
” Through adapting the course, we expect the expectancy that we will continue not cutting off and serving our user and continuing reaching them, ” Martinez says.
American unit of Qimonda keep Alvarez & Marsal already, one structure reform common Company of consultation, help the company, and Simpson and Thatcher & Bartlett when the whole structure reforms the course, as its lawyer’s LLP.
The next action
Trouble Qimonda, a subsidiary of Infineon technological company, find an investor or investor until the end of March, buy the assets and allow the business to continue as a shop while opening. May be found before this without the real solution, Qimonda adjusts to and is broken, cheap clear goods of assets.
If the report in Germany’s media, justified, a manufacturer CSMC in China is a bankrupt mysterious applicant who hits blue manufacturers. However, the Chinese company is really interested to take over the production of Qimonda, this seems very unlikely.
