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BUSINESS
March 13, 2007 | From Bloomberg News
Intel Corp. Chairman Craig R. Barrett and Chief Executive Paul S. Otellini may have lost e-mail relevant to antitrust claims brought by rival Advanced Micro Devices Inc., a lawyer for AMD told a court official. The Intel officers apparently were unaware that procedures weren't in place to preserve the correspondence, the lawyer told Vincent J. Poppiti, a special master appointed to investigate the missing e-mail.
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BUSINESS
March 9, 2007 | From Bloomberg News
National Semiconductor Corp., a maker of chips that manage power in electronic devices, said fiscal third-quarter profit dropped 45% after demand fell from chip distributors and makers of phones and liquid crystal displays. Net income declined to $71.5 million, or 22 cents a share, from $130.1 million, or 37 cents, a year earlier, the Santa Clara, Calif.-based company said. Sales fell 21% to $431 million.
BUSINESS
March 6, 2007 | From Bloomberg News
Intel Corp. and semiconductor developer AmberWave Systems Corp. settled lawsuits over patents for ways to make chips. Under the accord, Intel will license AmberWave's technology for 10 years. The companies also agreed to continue talks and evaluate Salem, N.H.-based AmberWave's research and development efforts. All other terms are confidential, Santa Clara, Calif.-based Intel said.
BUSINESS
February 27, 2007 | From the Associated Press
Intel Corp. plans to spend $1 billion to $1.5 billion to overhaul its semiconductor production facility in New Mexico to manufacture computer chips with next-generation technology. The Rio Rancho factory is expected to begin producing 45-nanometer chips -- meaning they will have features as tiny as 45-billionths of a meter -- in the second half of 2008, Intel said Monday. The transistors on such chips are so small that more than 30 million can fit onto the head of a pin.
BUSINESS
February 23, 2007 | From the Associated Press
Wall Street turned in a mixed performance Thursday as Iran's refusal to suspend uranium enrichment rattled investors and tempered a tech rally spurred by a strong outlook from chip maker Analog Devices. Investors were uneasy after a United Nations official said Iran did not agree to Security Council demands to suspend its nuclear program. Also hurting stocks was a U.S.
CALIFORNIA | LOCAL
February 22, 2007 | Bob Pool, Times Staff Writer
Enough with the dillydallying. It's time to get the lead out. That seemed to be the rallying cry Wednesday when nearly 10,000 space-age engineers gathered in Los Angeles to talk motherboards, modules and meltdowns as the computer circuit world faces its biggest challenge in its 70-year existence. The experts are attending the Printed Circuits Expo at the Los Angeles Convention Center.
BUSINESS
February 21, 2007 | From Reuters
The U.S. semiconductor industry appears to have worked through an inventory glut that had hurt fourth-quarter earnings and sent shares tumbling. Analysts said they expected shares of companies that make microchips to rise in the coming months as orders increased from customers that were using up inventory in the fourth quarter.
BUSINESS
February 19, 2007 | Carole Vaporean, Reuters
Hafnium was known to hardly anyone outside a handful of scientists and engineers until late last month, when Intel Corp. and IBM Corp. announced a new class of faster, more efficient microprocessors that will use the silvery metal. The stable and benign substance, listed No. 72 on the periodic table of elements, has made a breakthrough to the next generation of semiconductors possible, the companies said.
BUSINESS
February 15, 2007 | From the Associated Press
IBM Corp. has devised a way to triple the amount of memory stored on microchips and double the performance of processors by replacing a problematic type of memory with one that uses less space on a slice of silicon. The company said Wednesday that its new memory technology would help unclog crippling bottlenecks that built up as increasingly powerful microprocessors attempted to retrieve data from a separate memory chip faster than it could be delivered.
BUSINESS
February 14, 2007 | From Bloomberg News
Applied Materials Inc., the world's biggest maker of semiconductor-production equipment, said first-quarter profit more than doubled after it delivered more machines to memory-chip companies. Net income rose to $403.5 million, or 29 cents a share, from $142.8 million, or 9 cents, a year earlier, the Santa Clara, Calif.-based company said. Sales increased 23% to $2.28 billion in the three months ended Jan. 28.
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