Texas Instruments has sued Citigroup, Morgan Stanley and Bank of New York Mellon, accusing the banks of misleading the company into buying $524 million of auction-rate securities that have become illiquid.
In a complaint filed Wednesday in a Texas state court in Dallas County, Texas Instruments said the banks falsely marketed the securities, which [...]
Chip Maker Sues Banks Over Securities
April 5th, 2009 · No Comments
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New Forecast at Chip Maker
March 9th, 2009 · No Comments
Texas Instruments narrowed the range of its first-quarter forecast for earnings and revenue Monday after it said it was idling factories and reducing inventory after a sharp fall-off in demand.
T.I., a maker of chips for everything from cellphones to industrial equipment, now expects to post first-quarter results ranging from a loss of 8 cents a [...]
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Chip Sales Decline 29% as Product Demand Slows
March 2nd, 2009 · No Comments
Global semiconductor sales fell about 29 percent in January amid slumping demand for an array of products that use chips, ranging from personal computers and mobile phones to automotive products.
The Semiconductor Industry Association said that sales fell $15.3 billion in January from $21.5 billion a year ago. Sales in January were down about 12 [...]
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Business Briefing | Company News: Chip Maker’s Units File for Chapter 11
February 20th, 2009 · No Comments
Two American units of the insolvent German memory chip maker Qimonda filed for Chapter 11 bankruptcy protection in United States Bankruptcy Court in Delaware, according to court documents. Qimonda Richmond and Qimonda North America said they intended to locate a buyer for their assets. Qimonda filed for insolvency in January in Germany. The [...]
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Business Briefing | Court Action: Chip Maker Rambus Loses Patent Case to Micron
January 9th, 2009 · No Comments
Rambus, a designer of high-speed memory chips, may not use 12 of its patents to demand royalties from Micron Technology, a federal judge ruled. Judge Sue L. Robinson of United States District Court in Wilmington, Del., said the patents were unenforceable because Rambus destroyed documents, and called Rambus’s conduct “obstructive at best, misleading at worst.” [...]
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Chip Sales Declined 10% in November
January 2nd, 2009 · No Comments
Global semiconductor sales fell almost 10 percent in November, as the economic slowdown shook the chip sector, an industry trade group said Friday.
Semiconductor sales dropped to $20.8 billion in November from $23.1 billion a year earlier, the Semiconductor Industry Association reported. Sales through the first 11 months of the year rose 0.2 percent to [...]
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Burned Once, Intel Prepares New Chip Fortified by Constant Tests
November 16th, 2008 · No Comments
HILLSBORO, Ore. — Rows and rows of computers in Intel’s labs here relentlessly torture-tested the company’s new microprocessor for months on end.
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Julie Keefe for The New York Times
John Barton, Intel’s testing chief, holding the chip.
But on a recent tour of the labs, John Barton, [...]
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Led by Intel, Chip Makers Cut Outlook
November 13th, 2008 · No Comments
Intel, the world’s largest producer of computer chips, warned on Wednesday that its sales could fall as much as 19 percent in the fourth quarter. Other major players in the chip industry, including Applied Materials and National Semiconductor, offered their own bleak outlooks.
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Together, the gloomy forecasts suggest that the [...]
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Company Claims New Active RFID Chip to be “Uncloneable”
September 9th, 2008 · No Comments
A new “electronic DNA” approach claims to safeguard RFID — but can it work as well as it claims?
RFID chips were one of the hottest emerging technologies of 2007 and 2008. Top retailer Wal-Mart started using them in its shipping and people even began to implant themselves with RFID chips, despite cancer concerns. The idea [...]
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AMD takes on Intel with its own low-power chip
July 29th, 2008 · No Comments
Advanced Micro Devices is developing a low-power processor for mobile devices and sub-notebooks, the company confirmed Friday, quashing months of speculation that it had abandoned the project.
The chip will compete with Intel’s Atom processor and potentially supplant AMD’s low-power Geode x86 system-on-chip, which is included in One Laptop Per Child’s XO laptop. Based on the [...]
Tags: Laptop and Notebook