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Micron posts Q3 loss on weak demand

Despite buying out rivals, US chipmaker is still up against South Korea's SK Hynix and Samsung

TOUGH INDUSTRY: Memory chips are bought and sold as a commodity with prices fluctuating according to the balance between supply and demand.

San Francisco

MICRON Technology Inc, which tried to bring order to the brutal memory chip business by buying out rivals, has left the job unfinished.

The US's largest maker of the semiconductors that provide the short-term memory in computers and phones reported a loss in its