January 12, 1990 |
A first meeting of the founding members of U.S. Memories has been called amid growing signs that the proposed $1-billion semiconductor manufacturing cooperative may fold before getting off the ground. Although a spokeswoman for the proposed venture declined to say where and when the meeting will be held, she said an announcement regarding the venture's fate could be expected sometime next week.
January 16, 1990 |
For Sanford Kane, the end of U.S. Memories came swiftly and without any advance warning last Wednesday in a Dallas hotel room. After meeting all morning with representatives of 11 electronics firms--seven that had already agreed to support the novel chip-making cooperative and four others that had been straddling the fence--Kane told the group that it was time to finally count how much money everyone was willing to give the venture. With that, "the room got real quiet, real fast," Kane, U.S.
November 16, 1989 |
Two more U.S. electronics manufacturers said Wednesday that they will not join U.S. Memories, the fledging consortium designed to spur the domestic semiconductor industry against Japanese competition. The news raised new concerns that the novel venture may not get off the ground by its self-imposed deadline in six weeks. The latest rejections came from Sun Microsystems, a fast-growing Silicon Valley computer maker, and Unisys, the nation's third-largest electronics manufacturer.
January 17, 1990 |
Where does the U.S. electronics industry go from here, following the collapse of U.S. Memories, a proposed $350-million joint venture of the nation's biggest computer and semiconductor companies to produce basic memory chips? The idea behind U.S.