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| November Consumer prices up 0.3% |
12/12/2019 |
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Inflation is in line with the Federal Reserve's target of 2% a year. The Fed has cut the short-term interest rate it controls three times this year, partly to protect a record-breaking U.S. economic expansion from the effects of President Donald Trump's trade war with China.
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| General Motors to assemble big SUV in Texas |
12/12/2019 |
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The length of the Tahoe will grow nearly 7 inches (18 centimeters) to almost 211 inches (536 centimeters). The Suburban gains just over an inch (2.5 centimeters) in length to nearly 226 inches (676 centimeters). The extra length, though, enabled engineers to raise the Tahoe's cargo space behind the third row by 67% to 25.5 cubic feet (0.72 cubic meters). Suburban rear cargo space rose about 5% to 41 cubic feet (1.2 cubic meters).
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| House Democrats okay'd revised NAFTA |
12/11/2019 |
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“There is no question of course that this trade agreement is much better than NAFTA," Pelosi said in announcing the agreement, saying the pact is “infinitely better than what was initially proposed by the administration."
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| U.S. productivity fell 0.2% in the July-September quarter |
12/11/2019 |
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Productivity, the amount of output per hour of work, is crucial to boosting living standards. Rising output means that employers can pay their workers more with the increased production without having to raise their prices, a move that can trigger higher inflation.
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| Small business hiring still lags the strong job growth |
12/10/2019 |
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ADP said its customers with up to 49 employees added 11,000 jobs in November, one of the weakest showings this year. ADP's numbers are often revised, but the November count followed a trend; it was preceded by gain of 12,000 in October and a still-weak 39,000 in September.
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| Final toll is 43 dead at Indian factory fire |
12/10/2019 |
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43 people were killed in a devastating fire at an illegal factory there. Dozens of workers who were asleep when the fire broke out were trapped Sunday in the burning four-story building with little ventilation and only one exit.
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| Global memory chip market to rebound next year |
12/9/2019 |
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The NAND flash market in 2020 is expected to grow 19 percent, the largest sales growth rate among 33 integrated circuit (IC) products, according to market researcher IC Insights. DRAM, a type of volatile memory, ranked third with 12 percent growth, just behind a 13 percent gain for auto special purpose IC.
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| More Taiwan IC designers to use foundries in China |
12/6/2019 |
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Top executives of Taiwanese IC designers have recently paid intensive visits to not only foundry fabs operated in China by TSMC and UMC but also fabs run by China's Semiconductor Manufacturing International Corp (SMIC) and Hua Hong Semiconductor, aiming to increase their chipset production ratios in the country in line with the Chinese government's efforts to boost semiconductor self-sufficiency and reduce reliance on US suppliers.
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| Qualcomm announce all out support for 5G next year |
12/6/2019 |
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Qualcomm announced its new top-tier chip for 2020, Snapdragon 865, which it sells to phone makers for use in high-end Android phones like Samsung’s Galaxy or Google’s Pixel. Qualcomm says the 865 will be shipped only in new 5G devices and will be bundled with a separate 5G modem.
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| Two top Google founders to step down |
12/5/2019 |
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Larry Page and Sergey Brin are stepping down as CEO and president, respectively, of Google parent company Alphabet. The move caps more than two decades during which the pair have shepherded the one-time startup they founded in a Silicon Valley garage.
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| Shenzhen ChangXin Memory (CXMT) claim success in DRAM production |
12/5/2019 |
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The company has completed its Fab 1 and R&D facility in Hefei, the capital of Anhui province, and is currently running 20,000 wafers per month. It is scheduled to double its capacity to 40,000 wafers per month in the second quarter of 2020. Using a 19-nm process technology, ChangXin has begun producing this fall LPDDR4, DDR4 8Gbit DRAM products.
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| German top automaker maker to let go 10,000 |
12/4/2019 |
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The company had said Nov. 14 that it plans to slash costs by 1.4 billion euros ($1.54 billion) by cutting every tenth managerial position and through other measures.
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| Cadence Design move to integrate RF expertise from acquired AWR |
12/4/2019 |
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AWR specializes in design tools for millimeter wave (mmWave) and microwave products, largely at the board and system level, while Cadence’s heritage is in chip design and IP. AWR also has more experience with III-V semiconductors that out-perform silicon in high-frequency devices.
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