LTX posts loss and takes charges for outsourcing tester production News & Analysis 8/28/2001 Post a comment WESTWOOD, Mass.--Semiconductor test systems supplier LTX Corp. today reported a net loss of about $5.0 million on sales of $47.3 million in the fiscal fourth quarter, ended July 31. The loss included a $14 million charge related to LTX's announced plans to transfer test systems production to contract manufacturer Jabil Circuit Inc., while cutting 15% of its full-time workforce.
IR35 opponents take case to Court of Appeal News & Analysis 8/28/2001 Post a comment The Professional Contractors Group is taking its fight against IR35 to the Court of Appeal following March's failed attempt to get the government's tax clampdown on consultants ruled illegal under European law.
TI attempts to speed adoption of high-speed 1394b link News & Analysis 8/27/2001 Post a comment SAN JOSE -- Texas Instruments Inc. today announced it was the first chip supplier to demonstrate 800-megabit-per-second devices for the industry's new 1394b serial bus standard, which doubles the speed of existing 1394 links and increases distances by more than 20 times to 100 meters.
Tellabs closes Irish site News & Analysis 8/22/2001 Post a comment Communications infrastructure specialist Tellabs has dealt the latest blow to the Irish Republic's high technology sector by announcing the closure of its site in County Clare, with the loss of 204 jobs.
PixTech CEO Dieter Mezger dies News & Analysis 8/22/2001 Post a comment SANTA CLARA, Calif. -- Industry veteran Dieter Mezger, president and CEO of PixTech Inc., died on Monday in Boise, Idaho, the company announced today. The cause of his death was not released by PixTech, which only said the 58-year-old executive died suddenly while in Boise.
Credence promotes two executives to lead company's growth News & Analysis 8/21/2001 Post a comment FREMONT, Calif. -- Credence Systems Corp. here today announced that Graham Siddall, president and CEO of the automatic test equipment (ATE) supplier, has been elected chairman.
Siddall, who will remain the company's CEO, succeeds retiring chairman William G. Howard Jr. Howard will continue to serve on the company's board.
Agilent's CEO sees no relief in sight for slumping test business News & Analysis 8/21/2001 Post a comment PALO ALTO, Calif. -- Executives from Agilent Technologies Inc. blamed the company's financial woes on several factors, especially "very weak" sales and losses in its flagship test and measurement business.
As reported, Agilent on Monday reported a smaller-than-expected loss in its fiscal third quarter, but it also announced plans to cut 4,000 jobs, or 9% of its workforce, to restore profitability "as soon as possible" (see Aug. 20 sto
Agere to use Bluetooth technology from Austria's NewLogic News & Analysis 8/21/2001 Post a comment LUSTENAU, Austria -- NewLogic Technologies AG here today announced it has licensed IC design cores and software for Bluetooth wireless connections to Agere Systems Inc., which will embed the functions in baseband processors and new chip sets for Bluetooth-enabled cellular phones.
Antimatter detects defects in semiconductors News & Analysis 8/17/2001 Post a comment Antimatter may soon be living up to its science fiction reputation as a useful commodity. Researchers from Germany have developed a scanning positron microscope which is sensitive enough to detect defects in semiconductors.
Credence combines units to expand test offerings News & Analysis 8/15/2001 Post a comment In a move that looks to expand the breadth of its test offerings, Credence Systems Corp. recently merged its wholly owned DFT subsidiary, Fluence Technology, with the newly acquired Integrated Measurement Systems Inc. (IMS).
Sequence Design sues Avanti for patent infringement News & Analysis 8/14/2001 Post a comment SANTA CLARA, Calif.--Add a new patent suit to Avanti Corp.'s legal woes. Privately-held Sequence Design Inc. here today announced it was suing Avanti for allegedly infringing upon a U.S. patent covering IC layout software based on parasitic extraction techniques to measure impedance in chip designs.
SVR sues Avanti for competing with stolen code from Cadence News & Analysis 8/13/2001 Post a comment SAN JOSE -- The legal battles for Avanti Corp. aren't over. A few weeks after the company was ordered to pay $195 million to Cadence Design Systems Inc. for theft of software, another design automation supplier--Silicon Valley Research Inc.--has filed a suit against Avanti for unfair competition, false advertising, conspiracy, and other charges of wrongdoing.
Judge overturns part of Rambus verdict in split decision News & Analysis 8/10/2001 Post a comment RICHMOND, Va. -- A U.S. judge here cleared Rambus Inc. of alleged wrongdoing in setting industry standards for double data rate (DDR) synchronous DRAMs, but he also upheld a jury's verdict on fraud allegations in connection with SDRAM specifications, according to opposing sides in the civil case.