NEC confirms 600 Scottish job losses News & Analysis 7/31/2001 Post a comment NEC Semiconductor is cutting 600 jobs at its facility in West Lothian, Scotland — around 40% of the plant's 1600 staff. The company blames the continuing slump in the semiconductor market.
Update: Group delays vote on 3GIO support News & Analysis 7/30/2001 Post a comment A PCI standards organization decided Friday (July 27) to delay a vote on support for a next-generation I/O scheme backed by Intel Corp. until Aug. 3, saying it needed more time to review the spec.
Intel and TI license ARM's upcoming 'v6' core for future processor products News & Analysis 7/30/2001 Post a comment CAMBRIDGE, England -- ARM Ltd. here today announced an extension of its RISC processor-licensing pact with Intel Corp. to include a next-generation ARMv6 architecture and other core designs. The Cambridge company today also announced a licensing agreement for ARMv6 cores with Texas Instruments Inc., which will use the low-power consuming RISC processor core in chip sets for 2.5 and 3G cellular phone handsets.
ISSI plans to use cash reserves to beef up specialty memory line News & Analysis 7/27/2001 Post a comment Though its revenue has fallen by more than two-thirds in the last six months, specialty memory chip vendor Integrated Silicon Solution Inc. (ISSI) is looking to spend some of its cash reserves on an acquisition to beef up its line of specialty memory devices, chairman and chief executive officer Jimmy Lee said.
Infineon plans extensive cost reductions News & Analysis 7/26/2001 Post a comment In light of the continued weakness in the technology sector worldwide, Infineon Technologies AG, Munich, Germany, is planning to streamline company operations in order to reduce costs. As part of the restructuring efforts, about 5,000 jobs, or 17.2% of Infineon's workforce, will be cut or reduced to part-time status.
TSMC has first operating loss in its history News & Analysis 7/26/2001 Post a comment Hsinchu, Taiwan -- Taiwan Semiconductor Manufacturing Co. said net profits plunged in the second quarter, but a gradual recovery is on the way thanks to pickups from personal computers and consumer products.
STMicro makes its move in flash News & Analysis 7/25/2001 Post a comment NEW YORK -- Hoping to live up to its long-held ambition to become a world leader in flash memory production, STMicroelectronics Inc. expects to surpass Fujitsu Ltd. as the world's third largest flash IC maker as early as next quarter, according to company president and chief executive Pasquale Pistorio.
Pericom revenues fall 49% from first quarter News & Analysis 7/24/2001 Post a comment Pericom Semiconductor Corp. said revenue for the fourth quarter ended June 30, was $13.3 million, down 56% from $30.31 million in the comparable period last year, and down 49% sequentially from $25.9 million in the previous quarter.
Japan's Elpida aims to double DRAM share to 20% by 2003 News & Analysis 7/24/2001 Post a comment SAN JOSE -- DRAM joint venture Elpida Memory Inc. of Japan has been in business for just six months, but the company has set lofty goals. During a presentation here today, the joint venture between Hitachi Ltd. and NEC Corp. said it aims to nearly double its market share and take 20% of the world's DRAM sales by 2003.
Zilog net sales remain flat from first quarter News & Analysis 7/24/2001 Post a comment Zilog Inc., Campbell, Calif., today reported net sales of $44 million for the second quarter of 2001, as compared to $61.1 million in net sales during the second quarter of 2000 and $44.3 million in the first quarter of 2001.
AMD turns over management of HyperTransport bus to new consortium News & Analysis 7/24/2001 Post a comment SAN JOSE -- Advanced Micro Devices Inc. today officially kicked off its expected consortium to support the company's HyperTransport I/O Link, which is aimed at competing with Intel Corp.'s 64-bit microprocessor system bus architecture while delivering up to 12.8 gigabytes-per-second transfer rates inside systems.
Chip downturn scrambles top 10 ranking in 2001 News & Analysis 7/24/2001 Post a comment SCOTTSDALE, Ariz. -- The severe semiconductor downturn of 2001 is doing a lot more than driving down profits. It's also shaking up the top 10 ranking of chip suppliers, according to a new listing released by IC Insights Inc. here.
Anadigics' net loss hits $55.4 million; sales fall 33.7% from prior quarter News & Analysis 7/23/2001 Post a comment WARREN, N.J.--Anadigics Inc. here today announced a 33.7% sequential drop in revenues to $18.9 million in the second quarter, compared to $28.5 million in Q1 this year. Sales plunged 60.2% from $47.5 million in the Q2 of 2000, resulting in a net loss of $14.5 million for the just-ended quarter, excluding one-time charges, said the supplier of radio-frequency circuits.
Oki aims to jumpstart Bluetooth with module, chip set and software package News & Analysis 7/23/2001 Post a comment SUNNYVALE, Calif. -- Oki Semiconductor today launched a complete Bluetooth systems solution, including a module with chip set, software, an antenna and connector for products connecting to the short-range wireless link. The 18-by-38-mm module and Bluetooth protocol-stack software are intended to help accelerate product introductions in the marketplace.