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| Nokia -Siemens to cut 1800 jobs |
11/12/2008 |
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Nokia Siemens Networks said it plans to cut 1,820 jobs in Finland and Germany, as part of its $2 Billion Euros cost-cutting programme.
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| Circuit City files for chapter 11 |
11/11/2008 |
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Circuit city announced it has filed for chapter eleven bankruptcy protection just a week after the company said it would close 20 percent of its US stores.
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| iPhone takes No-1 Spot in US market |
11/11/2008 |
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Apple's iPhone 3G became the top selling handset among adult consumers in the U.S. in the third quarter of 2008 amid a significant fall off in unit sales.
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| Qimonda may be delisted by US Stock Exchange |
11/11/2008 |
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Qimonda has announced that on November 7, 2008 it was notified by the New York Stock Exchangethat it is not in compliance with one of the NYSE's continued listing standards.
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| Nortel to cut 1300 jobs |
11/10/2008 |
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Nortel reported a net loss of US$3.4 billion for the third quarter, and plans to cut 1,300 jobs.
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| Lenovo Q2 profit dive sharply |
11/10/2008 |
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Lenovo posted a sharp drop in quarterly profit and warned of tough conditions as consumers and businesses cut back on technology spending.
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| AMD layoff 500 employees |
11/6/2008 |
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Advanced Micro Devices, one of the world's two makers of microprocessors for personal computers, said it cut 500 workers effective Wednesday.
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| IBM chip expert to head ipod, iphone division |
11/4/2008 |
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Despite a lawsuit by former employer IBM claiming that he's in violation of a noncompete agreement, Apple has named Mark Papermaster senior VP for devices hardware engineering, a position that gives the 26-year technology veteran oversight of iPhone and iPod development.
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| Seagate released 15,000 RPM 2.5-inch drive |
11/4/2008 |
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Seagate introduced a 15,000 revolutions per minute 2.5-inch hard disk drive that doubles the capacity of the company's previous high-performing drive for servers.
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| Semiconductor firms raised 44% less fund in 3rd quarter |
11/4/2008 |
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Semiconductor companies raised $231.6 million in venture capital during the third quarter, a decrease of 44 percent from the second quarter and a year-over-year decrease of 57 percent from the third quarter of 2007, according to a new report from the Global Semiconductor Alliance (GSA) trade group.
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| Atmel turned down cash offer |
11/3/2008 |
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Atmel has rejected an unsolicited bid from Microchip Technology Inc and ON Semiconductor proposing a joint acquisition of the company for $5 per share in cash, a total value of approximately $2.3 billion
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| NAND flash revenue to fall in 2009, firm projected |
11/3/2008 |
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iSuppli projected worldwide NAND flash memory revenue will fall by 14% to the $12 billion level in 2008, down from $13.9 billion in 2007. In 2009, global NAND flash memory revenue will decline by another 15%, according to the research company's data.
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| Winbond picks up legacy memory outsourcing |
10/31/2008 |
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Winbond is planning to manufacture the orders at its 12-inch fab and since the orders are mostly for high gross margin items, the outsourcing is expected to boost the company's overall gross margin.
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| Intel continue to invest in green energy China |
10/31/2008 |
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Making its first two cleantech investments in China, Intel Capital will devote $20 million to Trony Solar Holdings and announces plans to invest in electricity storage systems company NP Holdings.
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