"The selling price for NAND flash memory is below manufacturing costs." Errr, so why are they making them? Why not just put up the price to 1% above break even, put out a press release stating this and see if the other makers follow suit. Surely if one did this the others would too? All they need is to get the people in charge of Virgin and British airways, or Sony, they could arrange some price fixing ;-)

Micron has decided NOT to lay off as much WORLDWIDE. They are, instead, laying off 40% of their Boise, Idaho site. I have a good friend that is actually one of the people eating their sh*t-can. He said around 1900 people will be out of a job there at the Boise site.