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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Improving Efficiency in the Supply Chain

From C-level suites on down, the electronics OEM industry is being asked to do more with less. Within the supply chain, the process of improving efficiency — saving both time and money by making the right component selection in the product design phase — starts with the design engineer. Design engineers are also being asked…

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Micron Expands China Operations

XI'AN, China — Micron Technology, Inc. (Nasdaq:MU), today announced the expansion of its operations in Xi'an, China, commemorated at a ceremony attended by government, community and company leaders. The expansion involves the completion of Micron's second semiconductor Test and Module Assembly building to complement its existing facility in Xi'an. “China continues to be key to…

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SMIC Receives Investment From CIC

SHANGHAI — Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 0981.HK), China's largest and most advanced semiconductor foundry, announced today a definitive investment agreement between SMIC and China Investment Corporation (CIC). Under the terms of the agreement, CIC will invest US$250 million in SMIC, acquiring 360,589,053 convertible preferred shares at HK$5.39 per convertible preferred share.…

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Emerson & Sanmina-SCI Partner on Solar

OTTAWA, Ontario — Emerson (NYSE: EMR) today announced that it is partnering with Sanmina-SCI (NASDAQ: SANM) to build innovative Emerson solar power inverters at Sanmina-SCI’s Ottawa, Ontario, manufacturing facility. This will enable Emerson to fulfill Ontario’s requirement that technologies used in renewable energy projects be built in that province. Emerson’s reliable, highly flexible inverters convert…

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