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| HP reassures analysts' estimates |
6/4/2003 |
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Hewlett-Packard expects to save an additional $1 billion in annual costs and meet Wall Street's financial projections for the second half of its fiscal year, the company said at financial analysts meeting in New York Tuesday.
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| AT&T chief said IT spendings down |
6/4/2003 |
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AT&T Chief Executive David Dorman said business spending on information technology will decline again this year, and the market rebound prospect is still unclear.
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| Palm to buy Handspring at last |
6/4/2003 |
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Palm Inc. has agreed to buy Handspring Inc. for about $169 million, the companies said, ending years of speculation that the two handheld device makers would become one.
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| Intel's 865 chipset to support single-channel |
6/3/2003 |
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Intel is considering adding a single-channel 865Light or 865Minus DDR400-based chipset on top of its 865 Springdale line to capture the increasingly popular lower prices systems, according to sources familiar with the matter.
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| Sun cut server prices |
6/3/2003 |
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Sun Microsystems cut prices as much as 25 percent for its eight-processor V880 server and update it with a faster processor. The top sellers currently come with a 900MHz UltraSparc III processor but now available with a 1.05GHz model as well, according to the source familiar with the matter.
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| Intel to invest $100 million in Elpida |
6/3/2003 |
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Intel said it will invest $100 million in Elpida Memory, giving a lifeline to the money-lossing memory maker. Elpida, a 50-50 joint venture between NEC and Hitachi, has been urgently seeking funds to expand a cutting-edge plant and project to start turning a profit by the end of the year.
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| HP aims for larger market share |
6/3/2003 |
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Hewlett-Packard Co., will focus on winning increased market share to drive growth amid continued weak demand for information technology, CEO Carly Fiorina said Tuesday.
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| Nokia handset shares dip |
6/2/2003 |
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Nokia's share of the global handset market fell to 35 percent in the first quarter from 36.2 percent in the fourth quarter, research group Gartner Dataquest said Monday.
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| Peoplesoft to buy JD Edwards for 1.7 B in stock |
6/2/2003 |
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Peoplesoft, a leading provider of application software, will exchange 0.86 share of its stock for each share of J.D. Edwards. Based on Friday's closing prices, that represents a premium of about 19 percent for J.D. Edwards shareholders.
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| April chip sales flat but up 10% from last year |
6/2/2003 |
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Worldwide semiconductor sales rose 10% year-over-year in April but stayed flat from March, according to Semiconductor Industry Association . April chip sales totaled $12.1 billion, up from $11.1 billion in April 2002 but virtually unchanged from March.
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| New lower cost consumer storage drive |
6/2/2003 |
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A new lower cost storage drive will make its debut on retail shelves this summer, appearing in $200 MP3 players or less than $150 thumb drive capable of holding 25 hours of music.
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| Intel Centrino crashes Microsoft XP |
5/30/2003 |
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Intel's new mobile and wireless Centrino chip architecture can experience a "blue screen" crash in Windows XP when running widely distributed virtual private network security software f
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| Arrow to cut 400 jobs |
5/29/2003 |
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Arrow Electronics announced that will eliminate 400 jobs, or about 3 percent of the company's global work force.
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| Altis Semi to produce MRAM for IBM |
5/29/2003 |
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Altis Semiconductor, a joint venture wafer fabrication facility owned by IBM and Infineon Technologies, has been given the job of turning MRAM technology into a commercial product
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