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| United Arab Emirates to build new silicon park |
4/24/2003 |
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The park is scheduled for construction next year, and will be located in Nad Al Shiba on 6.5-million square meters. It is intended to complement -- rather than compete with -- Dubai Internet City, a functioning IT and telecommunications center inside the free trade zone.
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| Analyst said equipment recovery is real |
4/24/2003 |
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Robert N. Castellano, president of TIN, said that based on good Q1 results, the semiconductor equipment market has begun its much anticipated recovery.
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| STMicro and Hynix to team up in NAND flash market |
4/24/2003 |
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Under the terms of the agreement, STMicro of Geneva and Hynix of Seoul will jointly develop and introduce a full NAND product portfolio, beginning with a 512-megabit device to be introduced in the second half of 2003. The products will be marketed by both companies.
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| Tower to start shipping from new 8" fab |
4/24/2003 |
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Tower will make 4-megabit asynchronous SRAMs in the plant, based on its 0.18-micron process technology. Tower expects to begin commercial shipments of the product in mid-2003.
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| FedEx to offer Ocean-Ground shipping service |
4/24/2003 |
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FedEx claims customers can "cut multiple days from their overall transit times using FedEx Trade Networks Ocean-Ground Distribution service compared to traditional Asia-U.S. ocean ground transit times."
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| EC set 33% duty on Hynix DRAM |
4/24/2003 |
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The 33% duty levied against Hynix DRAM exports to Europe follows a 57.37% preliminary countervailing duty imposed by the U.S. Commerce Department April 1 for what Commerce said were similar illegal government subsidies to the Korean chipmaker.
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| AMD named new executives |
4/23/2003 |
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"These promotions are part of AMD's continued efforts to focus the entire organization on building strong bonds with strategic customers,"
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| Justice Department pushes MS to open server protocols |
4/23/2003 |
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Microsoft is expected to post on its web site "within the next several days" details of a revised process which is expected to be less restrictive, complex and costly than the program the Windows giant rolled out in August last year.
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| Major distributor to support AMD 64bit system customization |
4/23/2003 |
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Avnet Applied Computing (AAC), the Phoenix-based division of Avnet Inc. focused on enterprise solutions, launched a service to allow systems builders to quickly customize and validate whitebox servers based on the Opteron processor introduced today by Advanced Micro Devices Inc.
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| Two majors to provide Opteron chipset |
4/23/2003 |
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Nvidia Corp. Tuesday introduced a single-chip core-logic device dubbed nForce 3 to support the 32-/64-bit Opteron processor. At the same time, Via Technologies Inc. unveiled its K8T400M chipset for the Opteron, AMD's first high-end MPU for the server/wokstation market.
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| Taiwanese notebook makers move more production to China |
4/21/2003 |
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Taiwanese notebook companies reportedly said about 70% to 80% of their notebook shipments could come from China this year, in a move to take advantage of the low production cost in China and increase competitiveness, according to sources.
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| Nokia's earnings climb 13 percent |
4/21/2003 |
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Nokia's first quarter profit climbs 13 percent due to surging sales of its Oyj's low-cost mobile phones. The Finnish company with its U.S. headquarters in Irving earned $1.1 billion, or 22 cents a share, on revenue of $7.4 billion. That compares with a profit of $938 million, or 20 cents, on revenue of $7.6 billion for the same period last year.
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| 3M's profits up 11 percent |
4/21/2003 |
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3M's net income rose to $502 million, or $1.27 a share, compared with $452 million, or $1.14 a share, a year ago. Sales increased 11 percent to $4.32 billion, with unit volume up 5.4 percent.
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| Sony spends 1.6 billions on new chip plant |
4/21/2003 |
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Sony reportedly invests 1.6 billions to build a new fab for its upcoming "Cell" chip for the upcoming Playstation 2 game console. The "Cell" is said to be a thousand times more powerful than the processor in a Playstation 2. The new plant will be built in the Nagasaki Prefecture
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| Intel cuts microprocessor prices |
4/21/2003 |
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Intel will cut the prices of its fastest CPU for desktop and laptop PCs by as much as 38 percent to make ways for its upcoming faster models.
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| US jobless claims surge to 442,000 |
4/18/2003 |
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More Americans than expected signed up for state unemployment benefits last week, reflecting increased layoffs in the auto industry as the world's richest economy limped forward, a government report on Thursday showed
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| Gateway post $200 million loss |
4/18/2003 |
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Struggling computer-maker Gateway posted a first-quarter net loss of US$200 million, which it attributed to its restructuring efforts and the sluggish economy
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| Motorola to cut more jobs |
4/17/2003 |
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Motorola Inc, lowered industry wide growth expectations for cell phones and chips in 2003 and said it expects to cut more costs, including 3,000 additional jobs
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| AMD post wider loss |
4/17/2003 |
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AMD reported sales of $715 million for the quarter ended March 30, a 21 percent drop from $902.1 million in the same period a year ago
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