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Japan's Big Five chipmakers face hard road ahead

These days, the top five Japanese DRAM chipmakers known as the Big Five are struggling as the cutting technology craze has fizzled. Hitachi, Toshiba, Mitsubishi Electric, Fujitsu, and NEC have posted big net losses -- they posted a combined $934 million loss for the fiscal year ending this past March and that was a considerable improvement from last year's loss. Some experts predict that though their total debt has decreased, the Big Five will likely face credit risk and a sharp decrease in their competitive edge in the near future.

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