Increased Chip Production on China’s Mind

China is tired of playing second fiddle in the semiconductor market. Although it is the world's biggest market for chips, China produces far fewer semiconductors locally than are used in the country by equipment manufacturers and electronics manufacturing services providers. That's about to change. Although Western governments worried about the transfer of critical dual-use (business-military)…

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Seagate Roars Back With Samsung HDD Purchase

{complink 4842|Seagate Technology LLC} had to respond, smartly and forcefully, to Western Digital's $4.3 billion purchase of Hitachi Global Storage Technologies in March. (See Western Digital-Hitachi Deal Adds to Pressure on Seagate.) It did, today, with the announcement of a deal to acquire the hard disk drive business of {complink 4751|Samsung Electronics Co. Ltd.} for…

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Linear Technology Reports Q3

MILPITAS, Calif. — Linear Technology Corporation (NASDAQ:LLTC), a leading, independent manufacturer of high performance linear integrated circuits, today reported financial results for the quarter ended April 3, 2011. Quarterly revenues of $353.2 million for the third quarter of fiscal year 2011 decreased $30.4 million or 8% from the previous quarter’s revenue of $383.6 million and…

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IBM Reports Q1

ARMONK, N.Y. — IBM (NYSE: IBM) today announced first-quarter 2011 diluted earnings of $2.31 per share, compared with diluted earnings of $1.97 per share in the first quarter of 2010, an increase of 17 percent. Operating (non-GAAP) diluted earnings were $2.41 per share, compared with operating diluted earnings of $2.00 per share in the first…

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Intel Achieves Record Results

SANTA CLARA, Calif. — Intel Corporation today reported record EPS and revenue on both a GAAP and non-GAAP basis. On a non-GAAP basis, revenue was $12.9 billion, operating income was $4.3 billion, net income was $3.3 billion, and EPS was 59 cents. On a GAAP basis, the company reported first-quarter revenue of $12.8 billion, operating…

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Golden Gate Completes Conexant Acquisition

NEWPORT BEACH, Calif. — Conexant Systems, Inc. (NASDAQ: CNXT), a leading supplier of innovative semiconductor solutions for imaging, audio, embedded modem, and video surveillance applications, today announced that Gold Acquisition Corp., a wholly owned subsidiary of Gold Holdings, Inc. (“Gold”), merged with and into Conexant, with Conexant as the surviving corporation. Gold is an affiliate…

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Unbridled Outsourcing Breeds Supply Insecurity

At the corporate level, the disruption to manufacturing worldwide caused by the Japan earthquake and tsunami on March 11 will force a rethink of how companies manage their production in the food chain, and especially in chip manufacturing. What if a force-9 earthquake and tsunami hit Taiwan? The 60 percent combined share {complink 5388|Taiwan Semiconductor…

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