bankrupt innovation



Spansion, Bankruptcy, Innovation

On the heels of the worldwide financial recession,  (perhaps youve heard of it), chip-maker Spansion, a maker of flash-memory chips, has filed for bankruptcy:
Spansion shares have lost more than 98 percent of their value over the last year as the tech sector’s problems deepened, closing on Friday at just 5 cents. [nytimes]

…joining the [...]