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Google immune to economic downturn 10/17/2008
Google reported third-quarter 2008 revenue of $5.54 billion, a 31% increase compared with its third quarter in 2007 and a 3% increase compared with the $5.37 billion the company reported for its second quarter of 2008.
AMD posts loss, beats estimates 10/17/2008
Advanced Micro Devices Inc. posted a net loss of $67 million, or 11 cents per share, for the third quarter, the company said Thursday, an improvement from the $396 million loss that the company posted in the same period of 2007.
Intel bought Ethernet firm for $8 million 10/16/2008
Intel said it has acquired NetEffect, a maker of Ethernet products and technologies for server computing clusters, for $8 million in cash.
Intel introduces enterprise server SSD 10/16/2008
Intel started shipping its 32-GB solid-state drives for servers, workstations, and storage systems. The X25E Extreme SATA SSD features Intel's 50-nanometer single-level cell NAND flash memory technology, which delivers 35,000 read input/output operations per second and 3,300 write IOPS, according to Intel. The read latency is 75 microseconds.
Nokia positive on cellphone market growth 10/16/2008
Nokia reported weaker-than-expected third-quarter sales and profits, but hold positive view on cell market going forward.
Altera delivers upbeat earnings 10/15/2008
Altera Corp. said third-quarter profit climbed 37 percent, topping Wall Street targets and sending its shares up nearly 9 percent.
IBM opened R&D center in Shanghai 10/15/2008
IBM announced the opening of a Shanghai R&D facility, its first new research facility in almost 10 years.
Maxim acquired video compression chip maker 10/15/2008
Analog chip maker Maxim Integrated Products Inc. has entered into a definitive agreement to acquire Mobilygen Inc., a developer of H.264 video compression chips.
Intel profits jump, uncertain about 4th quarter 10/15/2008
Intel said profits rose 12% in the third quarter because of higher margins and lower expenses, but the chipmaker said it was uncertain of the impact the global financial crisis would have on the rest of the year.
Sun introduces midrange Sparc server 10/14/2008
Sun Microsystems introduced a midrange Sparc Enterprise server with up to four sockets.
Renesas to market MRAM by 2010 10/14/2008
Renesas gave a progress report on its MRAM project, saying it plans to roll out the technology in 2010.
Samsung enters US notebook market with 5 new products 10/14/2008
Samsung Electronics has made its entrance into the United States notebook PC market.
Global technology spending slowing down 10/14/2008
Gartner Inc. sharply cut its forecast for global technology spending next year, seeing a drop in spending in Western Europe and a slim rise in the United States.
HP to setup second PC production in China 10/13/2008
Aiming to raise its profile in the growing Chinese market, Hewlett-Packard said that it will open a second manufacturing plant in that country, to be located in the west China city of Chongqing.
Fabless market's growth slowing down 10/13/2008
Fabless semiconductor company revenue totaled $13.9 billion in the second quarter of 2008, rising 4 percent quarter-over-quarter and 9 percent year-over-year
Qimonda set for restructuring 10/13/2008
Qimonda will change its product focus, reduce capacities and shut down production lines. About 3000 jobs in Germany and the U.S will be cut.
Micron takes over Qimonda's Inotera stake 10/13/2008
Qimonda AG announced that it has reached an agreement with Micron Technology, Inc. to sell its 35.6 percent stake in Inotera Memories Inc., its joint venture with Nanya Technology Corporation, to Micron.
Kingston: Virtualisation is new memory driver 10/10/2008
Virtualisation is mission critical, so resellers should not be afraid to charge more for features such as burn-tested components, he said.
Electric fuel charger boost mileage by 20% 10/10/2008
Recently completed six months of road testing with a diesel-powered Mercedes-Benz. The tests increased fuel efficiency from 32 to 38 MPG on highways (a 20 percent boost) and a 12 to 15 percent gain in city-driving mileage. The researchers claim the device could also be adapted to gasoline, biodiesel and kerosene.
Turn your lights into network connection 10/10/2008
The initiative seeks to use visible light beams for communications between wireless devices and LED-based lighting fixtures. The LED-based scheme could also be used to communicate between automobiles that are increasingly using LEDs. The overall goal is to build new communications capbilities into all LED lights while alleviating congestion in current RF bands.
Micron to layoff 15% 10/10/2008
Micron (Boise) blamed the moves on a lingering memory downturn caused by declining demand and product oversupply. The company said NAND average selling prices (ASPs) have fallen significantly below manufacturing costs, particularly for 200-mm lines.
Capex down 25% in 2008 10/9/2008
In a survey of what Intel, AMD, Samsung and the rest of the chip industry will spend on processor manufacturing, Gartner found that capital spending will decline 25 percent in 2008 and drop further in 2009. The drop in spending is related to oversupply of DRAM and NAND flash memory.
DataRam acquires Cenatek for SSD technology 10/9/2008
The company's high speed storage systems productsleverage patented solid state disk hardware and RAMDisk software technologyto set new standards for price and performance.
Konarka opens Solar Power Plastic plant 10/9/2008
"Our technical leadership and innovation in flexible thin film solar, along with this facility's capabilities of producing in excess of 10 million square meters of material per year, will allow us to produce Power Plastic for indoor, portable, outdoor and building integrated applications."
IBM's profit defying market financial crsis 10/9/2008
Shares of IBM rose 6 percent in after-market trade on the news on Wednesday (Oct. 8), which came after technology shares have been hammered by fears that a global recession would crush corporate IT spending.
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