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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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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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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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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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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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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SCHAFFHAUSEN, Switzerland–{complink 5800|Tyco International Ltd.} announced today that it has extended the expiration of its tender offer to purchase all of the outstanding common shares of {complink 77|ADC}at a price of $12.75 per share in cash, to 5:00 p.m., New York City time on Monday, Nov. 15, 2010. All other terms and conditions of the…
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The message Germany’s DHL is pushing from its 160-page report on green logistics, out last week, is that Asian customers are overwhelmingly more willing to pay for green supply chains than are Western customers. Here’s the money quote, making the rounds of logistics blogs: Especially customers in Asia are ready to accept that [environmentally-friendly shipping]…
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{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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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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