Micron Technology reports 2nd quarter loss of $52 million

Micron Technology announced a net loss of $52 million on net sales of $1.43 billion for the second quarter of fiscal 2007.

Market conditions in the second quarter of fiscal 2007 for memory products led to significant declines in average selling prices for much of Micron’s product portfolio, the company said in a statement.

by Eddie Kovsky

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