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| Tech industry awaiting Intel's guidance |
6/5/2003 |
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At today mid-quarter outlook meeting, Intel may confirm that its second quarter is on or close to target, but if the chip giant indicates there is weakness in Asia, technology stocks and the broader market will suffer, industry analysts said.
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| Apple slashed prices on PowerBook |
6/4/2003 |
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Apple Computer Inc. said it had cut prices on two of its popular PowerBook laptop computers by as much as $300, in a move to generate more sales.
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| HP reassures analysts' estimates |
6/4/2003 |
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Hewlett-Packard expects to save an additional $1 billion in annual costs and meet Wall Street's financial projections for the second half of its fiscal year, the company said at financial analysts meeting in New York Tuesday.
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| AT&T chief said IT spendings down |
6/4/2003 |
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AT&T Chief Executive David Dorman said business spending on information technology will decline again this year, and the market rebound prospect is still unclear.
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| Palm to buy Handspring at last |
6/4/2003 |
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Palm Inc. has agreed to buy Handspring Inc. for about $169 million, the companies said, ending years of speculation that the two handheld device makers would become one.
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| Intel's 865 chipset to support single-channel |
6/3/2003 |
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Intel is considering adding a single-channel 865Light or 865Minus DDR400-based chipset on top of its 865 Springdale line to capture the increasingly popular lower prices systems, according to sources familiar with the matter.
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| Sun cut server prices |
6/3/2003 |
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Sun Microsystems cut prices as much as 25 percent for its eight-processor V880 server and update it with a faster processor. The top sellers currently come with a 900MHz UltraSparc III processor but now available with a 1.05GHz model as well, according to the source familiar with the matter.
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| Intel to invest $100 million in Elpida |
6/3/2003 |
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Intel said it will invest $100 million in Elpida Memory, giving a lifeline to the money-lossing memory maker. Elpida, a 50-50 joint venture between NEC and Hitachi, has been urgently seeking funds to expand a cutting-edge plant and project to start turning a profit by the end of the year.
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| HP aims for larger market share |
6/3/2003 |
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Hewlett-Packard Co., will focus on winning increased market share to drive growth amid continued weak demand for information technology, CEO Carly Fiorina said Tuesday.
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| Nokia handset shares dip |
6/2/2003 |
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Nokia's share of the global handset market fell to 35 percent in the first quarter from 36.2 percent in the fourth quarter, research group Gartner Dataquest said Monday.
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| Peoplesoft to buy JD Edwards for 1.7 B in stock |
6/2/2003 |
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Peoplesoft, a leading provider of application software, will exchange 0.86 share of its stock for each share of J.D. Edwards. Based on Friday's closing prices, that represents a premium of about 19 percent for J.D. Edwards shareholders.
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| April chip sales flat but up 10% from last year |
6/2/2003 |
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Worldwide semiconductor sales rose 10% year-over-year in April but stayed flat from March, according to Semiconductor Industry Association . April chip sales totaled $12.1 billion, up from $11.1 billion in April 2002 but virtually unchanged from March.
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| New lower cost consumer storage drive |
6/2/2003 |
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A new lower cost storage drive will make its debut on retail shelves this summer, appearing in $200 MP3 players or less than $150 thumb drive capable of holding 25 hours of music.
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| Intel Centrino crashes Microsoft XP |
5/30/2003 |
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Intel's new mobile and wireless Centrino chip architecture can experience a "blue screen" crash in Windows XP when running widely distributed virtual private network security software f
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| Arrow to cut 400 jobs |
5/29/2003 |
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Arrow Electronics announced that will eliminate 400 jobs, or about 3 percent of the company's global work force.
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