SEOUL, South Korea (AP) - Hynix Semiconductor Inc., the world's second-largest memory chip manufacturer, said Thursday it will close its only U.S. factory amid changes in production standards and steep price declines buffeting the industry. Hynix said in a statement that production at the facility in Eugene, Oregon, would cease by the end of September. Park Seong-ae, a Hynix spokeswoman, said the manufacturing plant was established in 1998 and employs about 1,200 people, including 150 Koreans. The company said it may continue to utilize the facility for a "similar business," though did not elaborate. Other options included selling the equipment, building and land to another semiconductor manufacturer, or selling the land and building and relocating the equipment. "As soon as decisions are finalized, the company will...
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