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BUSINESS
June 7, 2001 | Reuters
After one of its biggest slumps, the semiconductor industry will rebound in the second half of this year, grow 20% next year and 25% in 2003, the Semiconductor Industry Assn. said. What distinguishes this slump from the last one, which began in 1996 when the industry waited 12 quarters before cutting back on capacity, is that this time chip companies started paring capacity in only two quarters, the trade group said.
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BUSINESS
February 6, 2004 | From Reuters
The United States is prepared to take legal action against China if it does not change tax policies that are blocking sales of U.S. semiconductors in the Chinese market, a U.S. official said. Deputy Assistant U.S. Trade Representative Charles Freeman said the Bush administration was "actively preparing a case" to take to the World Trade Organization if the U.S. could not work out a solution with China in the next few months. The case would be the first the U.S.
NEWS
July 6, 1987 | Associated Press
The European Economic Community Commission said today that it is investigating charges that Japanese companies are selling semiconductors at unfairly low prices--a process known as dumping--in the European market. The commission said the investigation was opened after claims by the European electronics industry that Japanese manufacturers were selling a new type of microchip called DRAMs in Europe at below-cost prices. DRAM stands for dynamic random access memories.
BUSINESS
November 2, 2001 | Associated Press
Worldwide sales of semiconductors fell 44.6% to $10.2 billion in September, but there are some signs of improvement, an industry trade group said. September's sales also were 2.5% below August's level of $10.5billion--a slight improvement over the 3.5% decline from July to August, according to the Semiconductor Industry Assn. Despite the overall slump, chip makers saw sales improvements for a broad range of products during September, said George Scalise, the association's president.
BUSINESS
March 13, 1990 | From Associated Press
AT&T signed an agreement Monday to share a key ingredient used to make advanced semiconductors under the auspices of Sematech, the consortium of computer chip makers formed to boost U.S. semiconductor competitiveness. Under the agreement, American Telephone & Telegraph Co. will allow a division of Olin Corp. to make and sell a chemical used to etch extremely detailed electronic circuitry on chips.
BUSINESS
October 10, 1987 | From Reuters
A key measure of the outlook for U.S. computer chip manufacturers, the book-to-bill ratio, declined to 1.04 in September from 1.06 in August, the Semiconductor Industry Assn. said Friday. But despite the decline, a spokesman for the trade group said the figures showed an unusually strong quarterly performance for semiconductor companies.
BUSINESS
August 3, 2002 | Bloomberg News
Semiconductor sales were down 1.6% worldwide in June from a year earlier because of sluggish sales of personal computers, the Semiconductor Industry Assn. said. For the second quarter overall, chip sales totaled $11.35 billion, down from $11.54 billion in the year-earlier quarter but up from $10.73 billion in the first quarter. The rise in sales from the first quarter was driven mostly by recovering demand in Asia. The association said it expects full-year 2002 sales to rise 3% from 2001.
BUSINESS
July 8, 2006 | From Bloomberg News
Vitesse Semiconductor Corp.'s largest shareholder is demanding the maker of chips for computer networks be sold and accused the directors of "gross negligence." Chapman Capital, which has a 7.3% stake in Vitesse, said the Camarillo company should be sold for at least $4.50 a share, according to a filing Friday with the Securities and Exchange Commission. Chapman's figure is about three times the current stock price.
BUSINESS
February 10, 1998
The Asian financial crisis will stunt growth in the global semiconductor market this year, with sales rising 7% rather than the 17% seen earlier, San Jose-based market researcher Dataquest said. The slowdown is due to falling production of electronic equipment, which uses chips. South Korean chip makers will enjoy cheaper production costs due to a depreciated currency, which should keep prices low. Dataquest now expects the market to grow to $160 billion, down from forecasts of $175 billion.
BUSINESS
May 25, 1991 | From Reuters
Japan and the United States have agreed on most issues in tough trade talks aimed at renewing a semiconductor pact that expires in July, a senior foreign ministry official said Friday. Japan, reluctant to renew the five-year pact on managing trade in microchips, the tiny memory devices that are at the heart of computers and other electronic equipment, said agreement is near after a meeting in Tokyo last week.
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