The irony was unmistakable. On the same day that {complink 103|Advanced Micro Devices} replaced its president and CEO, Dirk Meyer, {complink 3926|Nvidia Corp.} announced it struck an agreement “ending all outstanding legal disputes” with {complink 2657|Intel Corp.}. (See AMD Dumps CEO, Starts Search for New Head and Intel in Patent Accord With Nvidia.) Nvidia will…
The 2011 Consumer Electronics Show has ended, and now the waiting begins for the next market-changing product from {complink 379|Apple Inc.}. It's sickening. Really. Until Apple unveiled its spectacular iPod device in the middle of the last decade, electronics manufacturers were hawking mainly pedestrian devices and sticking humdrum digital music players in the hands of…
{complink 103|Advanced Micro Devices} stunned shareholders and customers Monday, Jan. 10, with the news president and CEO Dirk Meyer had resigned with immediate effect. (See: AMD CEO Resigns.) The company said CFO Thomas Seifert had been named to act as CEO in an interim capacity while it engages in what will likely be an interesting…
ATLANTA — Georgia-based electronic components distributor, World Micro, Inc., announced today that it has appointed Ms. Teri McAlpin to serve as the company's chief financial officer. Her primary role will be in building financial strategies, metrics tied to the financial and overall corporate strategies, developing and monitoring corporate risk and control systems, and accurate financial…
Planning for the year ahead is going to require a very strong stomach for all players in the US economy, including the high-tech sector, which has become very tightly woven into the larger consumer, manufacturing, and services markets over the last 10 years. The equity market continued to stomp upward, with the major indices steadily…
We've been hearing in general terms that China's labor costs are increasing, and here's some data that shows just how much this is affecting business. Today, Hong Kong-based Global-Tech Advanced Innovations Inc. announced its financial results for the quarter ended September 30, 2010. Net sales for the second quarter of fiscal 2011 were US$25.0 million,…
Without the benefit of hindsight it is difficult to say whether or not it was necessary to break up {complink 3538|Motorola Inc.} in order to save its wireless handset business, the cable modem and set-top box unit, or the networking equipment operation. Necessary or not, on Tuesday, Jan. 4, Motorola completed the planned breakup of…
Former eastern block countries are switching to market economies, joining the European Union, and attracting foreign investment. That, combined with their central location and moderate labor rates, has already transformed countries such as Poland, the Czech Republic, Slovakia, and Hungary into manufacturing powerhouses, according to an
Few high-tech acquisitions or mergers make sense on first mention. A deal for {complink 4505|Qualcomm Inc.} to acquire wireless chip supplier {complink 514|Atheros Communications Inc.} would be closest to one of the best unions the industry has seen in quite a while. The two companies play in more or less the same field, although recent…
SAN JOSE, Calif. — Integrated Silicon Solution, Inc. (Nasdaq: ISSI) today announced that it has completed the spin-off of its subsidiary, Giantec Semiconductor, Inc., which focuses on the ASSP business that includes EEPROM and SmartCard products. As part of the spin-off process, Giantec received an additional direct investment of $3.75 million from Shanghai Pudong Science…