October 16, 1997 |
Ford Motor Co. on Wednesday said its third-quarter profit rose 62%, beating estimates and setting a record for the period, in a performance analysts say the auto maker may be hard-pressed to repeat amid an onslaught of competition for its popular sport-utility vehicles. The world's second-largest auto maker said net income rose to $1.13 billion, or 90 cents a fully diluted share, from $694 million, or 53 cents, before special items in the year-earlier period.
August 28, 1997 |
Intel Corp. and Chips & Technologies Inc. said they received a request from the Federal Trade Commission for additional information on Intel's proposed $420-million takeover of the San Jose-based specialty chip maker. The companies said they will comply with the commission's request. They reached agreement July 28 for Intel to buy Chips & Technologies for $17.50 a share in cash.
July 29, 1997 |
In a tumultuous day in the semiconductor industry, Intel Corp. and National Semiconductor Corp. announced separate deals Monday that reflect vastly different notions about the future of computers. Intel started the hectic day by announcing that it would spend $420 million in cash to purchase Chips & Technologies Inc., a San Jose company that is a leader in chips that improve the ability of portable computers to process graphics.
March 10, 1992 |
Texas Instruments Joins Lawsuit Over 386 Chip: Seeking to defend an agreement under which it will manufacturer a version of the 386 microprocessor developed by Chips & Technologies, Texas Instruments became a party to the patent-infringement lawsuit that Intel has filed against Chips. Texas Instruments will argue that whether or not the Chips design infringes on Intel's 386 patents--and Chips says it does not--any 386s it builds are protected by a broad cross-licensing deal with Intel.
March 3, 1992 |
Continuing an aggressive legal strategy aimed at fending off competition in key markets, Intel Corp. has filed a patent infringement suit against Chips & Technologies of San Jose, which has begun marketing a microprocessor, or computer-on-a-chip, that mimics the functions of Intel's 386 chip. Texas Instruments on Monday confirmed that it had agreed to make 386 chips based on the Chips & Technologies design, and said that it would go ahead despite the lawsuit.
January 22, 1992 |
Chips & Technologies, a San Jose-based company that pioneered the controversial strategy of designing computer chips and then sub-contracting the manufacturing, said Tuesday that it will post a substantial loss for its latest quarter and lay off 20% of its work force. The retrenchment, including the sale of one product line, is the latest in a string of reversals for the once-highflying firm and its chief executive, Gordon Campbell.