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๐ป ** Record-high pricing pushes SSD and memory makers to borrow $880 million just to afford buying chips โ Adata, TeamGroup, and others take on substantial debt to survive shortages **
Adata is the largest single borrower in the group, having completed a NT$2 billion convertible bond issuance and secured NT$12 billion in bank loans.
๐ https://www.tomshardware.com/tech-industry/taiwanese-memory-module-makers-raise-880-million-to-stockpile-chips
#tech #news
Adata is the largest single borrower in the group, having completed a NT$2 billion convertible bond issuance and secured NT$12 billion in bank loans.
๐ https://www.tomshardware.com/tech-industry/taiwanese-memory-module-makers-raise-880-million-to-stockpile-chips
#tech #news