Intel Targets Tablet Market

EL SEGUNDO, Calif. — Seeking to capitalize on the fast growth of the tablet market relative to its core PC business, Intel Corp. has come off the sidelines with a microprocessor designed specifically for iPad-type devices, dubbed the Oak Trail, according to the market research firm iSuppli Corp. While growth will be modest during the…

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ITT Gets Chinese Class-A Certification

SANTA ANA, Calif. — ITT Interconnect Solutions, a leading global manufacturer and supplier of connectors, interconnects, and cable assemblies, has received a Class-A Enterprise Certification from the Chinese Customs and Chinese Inspection and Quarantine Bureau for its facility in Shenzhen, China. The Class-A Enterprise Certification eases government restrictions and procedures, thereby improving on-time delivery and…

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Motorola Wins $30M US Customs Contract

SCHAUMBURG, Ill. — The Motorola Solutions business of Motorola today announced that it has been awarded a $30 million contract from Customs and Border Protection (CBP), an agency within the U.S. Department of Homeland Security (DHS), to provide Astro® 25 land mobile radio (LMR) P25 communications upgrades for border security operations on the northern U.S.…

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Fab-tastic

Within mere days of each other, two of the biggest US semiconductor companies announced plans to build fabs on opposite ends of the Earth. {complink 2657|Intel Corp.} will invest between $6 billion and $8 billion across several existing US factories, along with construction of a new development fab in Oregon. Just days earlier, {complink 5703|Texas…

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Altera Announces Record Q3 Results

SAN JOSE, Calif. — {complink 265|Altera Corp.} today announced third quarter sales of $527.5 million, up 12 percent from the second quarter of 2010 and up 84 percent from the third quarter of 2009. New product sales increased 24 percent sequentially. Third quarter net income was $217.5 million, $0.69 per diluted share, compared with net…

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Intel Invests Billions in US Manufacturing

SANTA CLARA, Calif. — {complink 2657|Intel Corp.} announced today that the company will invest between $6 billion and $8 billion on future generations of manufacturing technology in its American facilities. The action will fund deployment of Intel’s next-generation 22-nanometer (nm) manufacturing process across several existing U.S. factories, along with construction of a new development fabrication…

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Seagate Plans Another Makeover – but Is Anything Different This Time?

{complink 4842|Seagate Technology Inc.} and {complink 379|Apple Inc.} do not belong in anyone’s classification of a “peer group.” Somehow, though, Seagate’s management thinks the company belongs with Apple — along with {complink 1131|Cisco Systems Inc.} and {complink 2657|Intel Corp.}, amongst others — in a class of companies that investors might want to group together when…

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Apple Shares Fall After Record Profits. So What? It’s Only Profit-Taking

Don’t follow the herd. Not stupidly anyway. {complink 379|Apple Inc.}'s stock price tumbled almost 5 percent, or $15.51, in after-market trading, hours after the company announced record earnings and sales in its fiscal fourth quarter. (See Apple Q4 Profits Rise 70%.) Analysts cited lower-than-expected iPad sales for the stock price decline. The following BusinessWeek story…

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