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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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| China fail to report true SARs cases |
4/16/2003 |
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The World Health Organization said China had failed to report all its cases and the capital, Beijing, could have five times the official number
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| Intel 1Q revenue down 6% |
4/16/2003 |
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Intel announced its first-quarter revenue of $6.75 billion, down 6 percent sequentially and flat year-over-year
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| TI to cut 1250 Jobs |
4/16/2003 |
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Texas Instruments Inc, said it will reduce its work force by about 1,250 jobs within its semiconductor and sensors businesses
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| Elpida to expand 300mm DRAM Chips Output |
4/15/2003 |
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Elpida Memory said it may increase its manufacturing output to 15,000 300-mm diameter wafer starts per month by the end of 2003, from current levels of 3000
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| Hynix faced 33% EU Tarriff |
4/15/2003 |
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The European Union will impose a 33-percent countervailing tariff on Hynix's memory chips starting April 25
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| Xillinx ship 90nm process FPGA |
4/15/2003 |
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Xilinx said that it is shipping samples of a new field programmable gate array (FPGA) using a 90nm process technology.
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