According to certain sources, south-Korean memory maker`s revenues will reach about 825 billion of wons ($690 million) with their net losses achieving 218 billion ($182 million).

The main reason of continuing financial troubles of this company are low memory prices. At the moment spot prices decline further and there are no chances for Hynix to survive on its own. Hence, soon the company will need additional financial support, whereas most of their creditors, who now control the company, say that they do not want to further invest in the memory-maker and are likely to strip its assets in the future.

These days the current owners of the company wait for Deutsche Bank to present them a restructuring plan of Hynix by the end of this week. Although restructuring is the only way for the company to survive, the managing group may deflect it as it definitely requires additional money.

As we see, currently the remaining possibility for the company to stay on the market is its selling to those, who can handle additional expenses on its restructuring. The memory maker will not be able to exist without continual modernisation of its manufacturing lines in order to stay on par with technology. So, although Hynix declined to sell the assets to Micron, it clearly will have to find another buyer, as it seems that the company is worth more dead than alive.