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Boeing may cut 5,000 more jobs 7/18/2003
Boeing expects to cut 5,000 more jobs next year in addition to the nearly 30,000 cuts the aerospace company has made since the 2001 terrorist attacks, the company said Wednesday.
Microsoft earnings up by 25% 7/18/2003
Microsoft Corp. delivered a higher revenue quarter boosted by double-digit growth in its server software and an unexpected jump in online advertising in its MSN division.
Chartered Semi forecast a robust 3rd quarter 7/18/2003
Chartered Semiconductor forecasts its 2003 revenue will double as demand rises and margin improves.
IBM to sell Tablet PC 7/18/2003
IBM plans to launch its first Tablet PC in the fourth quarter of this year, according to sources familiar with the company. the Tablet PC will feature a 12.1-inch display and both handwriting and keyboard input.
Fab construction spending are up 7/17/2003
Fab construction spending will hit $1.2 billion by Q3 2004, according to a study by SMA. The strategic marketing firm said fab construction spending peaked at $1.7 billion in Q4 2000 and then dropped to $500 million from there. And now the spending is expected to increase.
Sandisk earnings jump 7/17/2003
Sandisk 2nd quarter profits jumps as sales grew substantially. Net profit were $41.3 million over $234.6 million in sales, a 84 percent increase year-over-year.
Worldwide PC shipments up slightly 7/17/2003
Worldwide shipments of PCs in the second quarter were 32.8 million units, up 10 percent year-over-year, according to Gartner Group.
Samsung earnings down to $960 million 7/16/2003
Samsung Electronics reported net income of $960 million (1.13 trillion won) in the second quarter, a 30% down from the same period of 2002.
AMD reported narrower loss 7/16/2003
After cutting its revenue outlook by $100 million to $615 million last month, AMD reported a weaker 2nd quarter revenue Wednesday due to expected weaker sales in Asia.
Major foundries cut 0.25, 0.35 micron prices 7/16/2003
Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) has said to reduce the 0.25- and 0.35-micron processing prices by 10% to 15% for the fourth quarter, accordingly to a news release.
Sony Ericsson reported wider loss 7/16/2003
Sony Ericsson reported Tuesday its loss widened in the second quarter and abandoned its full-year profitability target.
IBM to resell Cisco storage switches 7/16/2003
Cisco Systems to sell more than 8,000 storage switches to Axa Technology Services through IBM.
Motorola posts $119 million in profit 7/16/2003
Motorola posted a second-quarter net profit of $119 million, or 5 cents a share, compared with a loss of $2.3 billion, or $1.02 a share, in the year-ago quarter.
Intel's profits double 7/16/2003
Intel's reported twice as much quarterly profits as a year ago. Net income for the second quarter is $896 million, or 14 cents a share, up from $446 million, or 7 cents a share, a year earlier. Analysts expected earnings of 13 cents a share.
Fuji unveils credit card side digital camera 7/15/2003
A credit-card-size, 1.3-megapixel camera offering print-quality images is being released in Japan this month by Fuji Axia, a division of Fuji Photo Film.
Silicon Graphics narrows its quarterly estimate 7/15/2003
Silicon Graphics Inc. has narrowed its fourth-quarter revenue estimate from $238 million to $242 million for the fiscal fourth quarter that ended June 27.
Samsung gears up 1Gbit DDR SDRAM 7/15/2003
Samsung announced the volume production ot its 1Gbit DDR component utilizing 0.10-micron process technology with 12-inch wafers.
Intel introduces 3G Xeon with 1.5MB cache 7/15/2003
Intel released a new version of its 3.06GHz Xeon that packs an additional 1MB of cache for workstations.
Rambus's revenue rises, but profit tumbles 7/15/2003
Rambus announced lower profit on its second-quarter earnings due to increased costs and expenses. But its revenue climbs 23 percent as royalties and contract sales grew.
NEC announced 10G Ethernet module 7/14/2003
NEC announced the release of a 10 Gigabit Ethernet module that could allow network technicians to provide a single 10G bit/sec link between two boxes, instead of tying together multiple Gigabit lines with link aggregation technologies.
Toshiba, Elpida venture in next generation memroy 7/14/2003
Toshiba and Elpida Memory plan to work together to make a memory chip for digital home appliances that they say will be eight times quicker than today's fastest chips.
AMD, Fujitsu combined flash memory business 7/14/2003
Advanced Micro Devices Inc. and Fujitsu Ltd. formed a new venture called FASL LLC that combined their flash memory businesses.
Sun pushes back the 2nd design blade server release 7/14/2003
Sun Microsystems pushes the release of its second blade server design a few months back than early scheduled. The thin system based on an Athlon processor will be released by year-end.
Cisco Systems introduces Wireless B media adapter 7/14/2003
Cisco Systems introduces Wireless-B Media Adapter along with Sony's RoomLink media adapters that can be used as Wi-Fi access point to make connections between a PC and a stereo or a television besides built-in cable capacility. The adapter is sold at $200 each.
Toshiba setup "discrete device" design center 7/11/2003
Toshiba announced it would establish a new "engineering" company dedicated to provide support for its discrete devices
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