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Best Buy and Circuit City cut outlooks 12/18/2002
Best Buy Co. cut its profit forecast Tuesday because of disappointing holiday sales at its music stores, and Circuit City Stores Inc. had a third-quarter loss as it cut prices and sold fewer higher-profit items, the companies reported.
DDR333 SDRAM prices up 12/18/2002
DDR333 spot prices went up 7% last week from US$6.84 to US$7.32 and the rise is likely to continue through the end of December, reported Taiwanese DRAM distributors.
ATI reported profit on increase sales 12/18/2002
ATI reported a profit of $5.0 million, or 2 cents per share in the current quarter ended Nov. 30 as compared to a loss of $10.3 million a year earlier. The positive report is mainly due to the increase in new product sales.
Sony, Matshushita to co-develop Linux operating system 12/18/2002
Sony Corp. and Matsushita Electric Industrial Co. said Wednesday they will jointly develop an operating system based on Linux technology for their digital consumer electronics products. The new OS based on Linux will be completed by next March, the companies spokeman said.
Micron reported wider loss 12/18/2002
Micron Technology on Tuesday reported a wider fiscal first-quarter net loss, citing the average selling prices for its products dropped about 12 percent from the prior quarter.
SanDisk, Toshiba to expand flash memory capacity 12/17/2002
SanDisk Corp. today said that a 300mm wafer fab upgrade and expansion for flash memory might be taken place in the near future for its 50-50 FlashVision Japan venture with Toshiba Corp.
Worldwide DRAM sales surges 12/17/2002
Worldwide DRAM revenues will reach US$16.2 billion in 2002, a 36.7% increase from 2001, according to a report released by Gartner Dataquest research firm.
Kingston signs deal to get chips from Infineon 12/17/2002
Infineon Technologies said on Tuesday it had signed a new deal to increase the supply of DRAM memory chips to U.S.-based Kingston Technology, worth some $2.5 billion over five years, said an Infineon spokeman.
Sony to release high capacity memory stick 12/17/2002
Sony is planning to unveil its higher-capacity versions of Memory Stick memory card at the Consumer Electronics Show in Las Vegas in January, according to an industry watcher.
Gateway gives money for older PCs 12/17/2002
In a move to boost sales during the holiday season, Gateway will give up to $100 toward future purchases to consumers who trade in their old PCs and peripherals when purchasing a new Gateway desktop or notebook.
InVision raises 4th quarter guidance 12/16/2002
InVision Technologies Inc. raised its fourth-quarter profit and revenue target Monday, citing continue demand for explosives detection equipment by the U.S. government.
Chip equipment October sales fell 12/16/2002
Global sales of chipmaking equipment fell 13.0 percent in October from the month before to $2.03 billion, a research firm reported. The decline means the timing for the tech market rebound that everyone is hoping of remains largely unclear.
Printer sales in Japan declined 12/16/2002
Printer sales in Japan decline for sixth consecutive quarter, Gartner Japan¡¦s Dataquest division reported. The report cited the continued weakness in printer demand in Japan is due to weak corporate IT spending.
Toshiba in talks with Sony and Fujitsu to build 12" fab 12/16/2002
Toshiba is reportedly in talks with Fujitsu and Sony in a joint investment to build a 12-inch fab in Ooita. On the other hand, Toshiba has confirmed plans to invest 350 billion yen over four years to build two 12-inch fabs, one making system LSIs and the other memory chips.
AMD restructures memory group 12/16/2002
AMD said its memory group will be rearranged into two new business units: one will focus on selling flash memory for embedded and wireless products while the other will aim at emerging markets such as the auto industry.
AMD signs channel partner in Taiwan 12/13/2002
Uppertech, a leading semiconductor channel distributor in Taiwan, will begin receiving AMD flash memory shipments in Q1 next year to distribute to makers of 3C (as consumer, computing and communications) devices.
TSMC denies rumor on China Fab roadblock 12/13/2002
“We have not slowed our plans for investment in China,” said Chuck Byers, TSMC’s director of worldwide brand management. “We’re still waiting for final approval from the [Taiwanese] government.”
Infineon chief threaten to relocate company 12/13/2002
"We cannot accept that we pay twice as much tax as the competition. Whatever is necessary [to alleviate this] we will do. Would we go somewhere else? It's not something we would do lightly," Schumacher said.
Samsung becomes world 2nd largest semi supplier 12/13/2002
Among the top players, Samsung was the major winner in 2002, with its sales growing by nearly 50% to $9.2 billion and its ranking jumping from the number four to the number two spot in iSuppli's list.
Samsung breaks through with single chip color driver 12/13/2002
The single chip integrates the gate and source drivers with a power core and 418Kbit graphic memory core. The 1.8V operation and power-saving mode enables longer battery life for mobile applications.
Taiwan goverment delays TSMC China fab application 12/12/2002
Ministry of Economic Affairs spokesman, Berton Chiu said: "We must wait until the information is complete before opening the approval meeting." The economic ministry is currently consulting opinions from other ministries, and asking TSMC to provide supplementary information.
UMC enhance technology partnership with Micronas 12/12/2002
The two companies met at Micronas' operational headquarters in Freiburg, Germany, where Micronas' CEO Wolfgang Kalsbach and UMC's chairman Robert Tsao are said to have discussed a wide range of topics to enhance the partnership.
Sprint to integrate operations, cut staff 12/12/2002
The reductions will affect the company's information technology, network, billing and accounts receivable departments and will impact engineers, said a spokeswoman at Sprint's headquarters.
Sanmina forms medical division in Israel 12/12/2002
The new site will become part of Sanmina-SCI's newly formed Medical Systems Division. The Ma'a lot plant makes complex medical systems and other high-end industrial products.
Solectron scales down Monterrey manufacturing 12/12/2002
"A lot of commodity products have migrated to the Chinese market," Gomez said. "We're replacing that with more complex products and more systems build products."
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