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Unprecedented hitting-of-the-brakes 1/19/2009 Based on recent statements from some of the industry's leading players, plant utilization levels could slide to 50 percent or lower in the ongoing quarter before slowly picking up in the second quarter due to what analysts describe "as inventory cleansing" at OEMs. Circuit City to close US store and cut 30,000 Jobs 1/16/2009 Circuit City announce it will shut down its remaining 567 U.S. stores at the cost of 34,000 more jobs after failing to sell the business. Sanyo to cut 1200 Jobs 1/16/2009 Sanyo Electric will cut its annual net profit outlook as losses climb in its chip business, and it said it would eliminate 1,200 jobs. ProMos to sell equipments to TSMC 1/16/2009 ProMOS Technologies reported it will sell its 12-inch foundry equipment in the Taiwan Science Park for NT$580 million to Taiwan Semiconductor Manufacturing Company. Intel post poor 4th Quarter Revenue 1/16/2009 Intel reported Q4 revenue of $8.2 billion, an operating income of $1.5 billion with a net income of $234 million. This is a substantial decline compared to Q3's results with $8.7 billion in revenue Sony Ericsson post big 4th Quarter loss 1/16/2009 Sony Ericsson posted losses of Euros 261 million ($340 million) for the fourth quarter of 2008, significantly worse than analysts had been anticipating Mighty Google Closing Three Engineering Offices 1/15/2009 Google Inc. is closing three engineering offices and cutting jobs from its work force. Dell to Cut 1900 Jobs at Irish Plant 1/15/2009 Dell Computer announced it will cut 1,900 jobs at its manufacturing site in Limerick in the Ireland. DDR3 Chipset Mainstream Transition Push Back Till 2010 1/15/2009 Intel and AMD were expected to fully make DDR2 transition to DDR3 across their product lines in 2009 and will now postpone their DDR3-only chipset schedules and is not expected to arrive until 2010. Apple Chief To Take Long Medical Leave 1/15/2009 Steve Jobs has announced he will take a medical leave at Apple Inc. until June.Apple's chief operating officer, Motorola Plans 4000 Job Cuts 1/15/2009 Motorola announced it plans to cut another 4,000 jobs, or about 6 percent of its workforce, and warned that weaker-than-expected handset sales would lead to a fourth-quarter loss. China Overtakes US For Internet Users 1/14/2009 China's rapidly growing population of Internet users has risen dramatically to about 298 million after surpassing the United States to become the world's largest. Nortel File For Chapter 11 Protection 1/14/2009 Nortel Networks have file for Chapter 11 bankruptcy protection today after months of themanagement team has been trying to cut spending. Sharp Predicts LCD Price To Stabilze 1/14/2009 Sharp chief executive officer Katsuhiko Machida said prices of liquid-crystal-display (LCD) panels may stabilize in March Lenovo Unveils New Desktop PC 1/14/2009 Lenovo has unveiled three new desktop PCs aimed at the consumer market. Poor attendance at CES Show 1/13/2009 The Consumer Electronics Association (CEA) has confirmed that attendance at this year's Consumer Electronics Show in Las Vegas was one of the lowest in many years. SanDisk and Toshiba to unveil 32-nm Flash Chip 1/13/2009 SanDisk and Toshiba said they will jointly roll out 32-nm NAND chips in the later part of 2009. Seagate to cut 10% workforce 1/13/2009 Seagate Technology plans to lay off 10 percent of its U.S. workforce amid a shift in management. Nanya reports 2% Drop in December Revenue 1/12/2009 Nanya Technology's December 2008 revenues dropped 2% sequentially, a result better than fellow competitors Panasonic to trimmed TV investment 1/12/2009 Panasonic will cut its investment in two new flat-screen TV plants by about $1.5 billion and exit unprofitable businesses as the global economic slump slices into its profits. Toshiba to launch new portable 500GB external 2.5-inch HDD 1/12/2009 Toshiba will launch its new portable 500GB external 2.5-inch hard disk drive in February 2009, AMD launch Dragon Platform 1/12/2009 AMD has launched Dragon platform technology for desktop PCs featuring the new AMD Phenom II X4 processor. Lenova reduces headcount amid market downturn 1/9/2009 Lenova has announced plans to lay off 2500 employees as it seeks to redeploy its resources in the challenging PC market and continuing global economic downturn. Sandisk unveils G3 SSD with reduced prices 1/9/2009 SanDisk introduced high-capacity solid-state drives for laptops with affordably price, the company said. TSMC, UMC utilization rate to hit record low 1/9/2009 Taiwan Semiconductor Manufacturing Co. Ltd.'s business is worse than expected, while United Microelectronics Corp. sees a major sales decline.  601  |  602  |  603  |  604  |  605  |  606  |  607  |  608  |  609  |  610

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