Hynix Chip Plant In Oregon Acquired by @STRATACACHE

Adrian J Cotterill, Editor-in-Chief

The shuttered Hynix computer chip factory in Oregon was up for auction but in the end sold to STRATACACHE for USD 6.3 million.

The Oregonian reported that “Hynix spent $1.5 billion to build and equip the 1.2-million-square-foot factory, which opened in 1998. It operated for a decade before closing permanently in 2008 during a downturn in the memory chip market. The closure left 1,400 people out of work, one of the biggest mass layoffs in Oregon history”.

Andrea Poley, STRATACACHE’s manager of global communications said “We are in a dialogue with several different economic agencies throughout Oregon about our plans for this”.

We understand that the factory has a large Class 1 clean room and will likely be used to build next-generation displays, starting in 2021.

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