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| AMD sells handheld technology to Qualcomm |
1/20/2009 |
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Under terms of the deal, Qualcomm will hire some design and development teams from the processor specialist's handheld business, notably those involved in developing technologies to enhance mobile devices in areas including 2D and 3D graphics, audio/video, display, and architecture.
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| AMD accelerates cut back |
1/19/2009 |
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In AMD's US and Canadian operations, the company said it will enforce salary reductions of 15% for managers with titles of VP and above, 10% for all other employees who are not eligible for overtime pay, and a 5% cut to overtime pay.
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| Work hour cut seen across industry |
1/19/2009 |
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"Short-time working is used to avoid cutting jobs and keeping the expertise in the company. We believe that this way we can save our competiveness over periods when business does not run so well and when the downturn is over we can do a flying start."
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| Last chance to get your DTV converter |
1/19/2009 |
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Approximately 9 million boxes are still available for customers who have waited until the last minute to make a purchase, according to DTC's research.
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| Unprecedented hitting-of-the-brakes |
1/19/2009 |
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Based on recent statements from some of the industry's leading players, plant utilization levels could slide to 50 percent or lower in the ongoing quarter before slowly picking up in the second quarter due to what analysts describe "as inventory cleansing" at OEMs.
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| Sanyo to cut 1200 Jobs |
1/16/2009 |
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Sanyo Electric will cut its annual net profit outlook as losses climb in its chip business, and it said it would eliminate 1,200 jobs.
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| ProMos to sell equipments to TSMC |
1/16/2009 |
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ProMOS Technologies reported it will sell its 12-inch foundry equipment in the Taiwan Science Park for NT$580 million to Taiwan Semiconductor Manufacturing Company.
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| Intel post poor 4th Quarter Revenue |
1/16/2009 |
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Intel reported Q4 revenue of $8.2 billion, an operating income of $1.5 billion with a net income of $234 million. This is a substantial decline compared to Q3's results with $8.7 billion in revenue
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| Sony Ericsson post big 4th Quarter loss |
1/16/2009 |
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Sony Ericsson posted losses of Euros 261 million ($340 million) for the fourth quarter of 2008, significantly worse than analysts had been anticipating
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| Motorola Plans 4000 Job Cuts |
1/15/2009 |
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Motorola announced it plans to cut another 4,000 jobs, or about 6 percent of its workforce, and warned that weaker-than-expected handset sales would lead to a fourth-quarter loss.
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| China Overtakes US For Internet Users |
1/14/2009 |
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China's rapidly growing population of Internet users has risen dramatically to about 298 million after surpassing the United States to become the world's largest.
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| Poor attendance at CES Show |
1/13/2009 |
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The Consumer Electronics Association (CEA) has confirmed that attendance at this year's Consumer Electronics Show in Las Vegas was one of the lowest in many years.
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| Panasonic to trimmed TV investment |
1/12/2009 |
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Panasonic will cut its investment in two new flat-screen TV plants by about $1.5 billion and exit unprofitable businesses as the global economic slump slices into its profits.
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