Around the web
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Micron Technology intends to restructure its balance sheet in a manner that effectively increases its debt.
NASDAQ.com
Barclays Capital is raising its total lithography units forecast by more than 10 systems, from 234 to 251 in 2012. As many as 260 litho tools could be purchased for semiconductor manufacturing, as foundries are seeing high demand for 28nm chips.
ElectroIQ
Promising change and announcing a string of goals, Sony's chief executive, Kazuo Hirai, detailed on Thursday a revival plan that included a shift away from the company's unprofitable TV business and a plan to cut 10,000 jobs.
New York Times
ARM expands processor optimization pack solutions for TSMC 40nm and 28nm process variants (April 16)
ARM has announced the availability of a significantly expanded lineup of ARM Processor Optimization Pack (POP) solutions for TSMC 40nm and 28nm process technologies targeting a range of ARM Cortex processors.
Company release
New York Times
A top Nvidia engineer is calling for a move to 450mm wafers as one part of the solution to the growing complexity, cost and time-to-market challenges in chip design.
EE Times
Solar panels prices have kept marching lower this year, extending steep declines seen in 2011 and keeping pressure on hard-hit manufacturers who have struggled to eke out profits, industry experts said.
Reuters
Samsung South Africa said that they will be introducing a new line up of LED TVs, featuring Samsung's Triple Protector Technology, which they believe will be more affordable for the consumer.
My Broad Band
LED lighting, solar energy, and 3D glasses projector are set to be on the top of the agenda at an upcoming annual meeting designed to set industry standards for Taiwan and mainland China, according to chairman of Sinocon Industrial Standards Foundation of Taiwan, R.L. Chen.
CENS
New York Times
Google's profit soared 61% in the first quarter, but the average "cost per click" paid to Google by advertisers declined for the second quarter running.
Computerworld
MIPS Technologies is looking for a buyer, according to people with knowledge of the decision.
Bloomberg
Samsung Electronics probably overtook Nokia as the top handset seller for the first time, helped by the popularity of the Galaxy smartphones, according to analyst estimates.
Bloomberg
The US, South Korea and many other countries had warned against the launch, calling it a provocation and a cover to test missile technology. North Korea had insisted it would not back down, and said the rocket would only carry a civilian satellite, touting it as a major technological achievement to mark the 100th anniversary of the birth of the country's founder, Kim Il Sung, on Sunday.
AP (via Google)
Italy is to cut the tariff it pays to solar energy installations by 35% on average, according to decrees approved by the industry and environment ministries.
Environmental Finance
Italy will scale back financial incentives for solar and other renewable energy that have inflated consumer power bills more than expected, and also will raise national renewable energy targets for 2020, two ministers said on Wednesday.
Reuters
A large earthquake shook the Indonesian island of Sumatra on Wednesday, causing widespread panic and fear of a repeat of the 2004 earthquake and series of tsunamis that killed 230,000 people.
Guardian
The US government sued Apple and five publishers, saying they conspired to fix the prices of electronic books, and reached a settlement with three of the publishers that could lead to cheaper e-books for consumers.
Reuters
Nokia took a huge axe to its first-quarter devices and services guidance and issued a gloomy outlook for the new quarter on Wednesday, wiping out 18% of the Finnish handset maker's market cap.
Fox Business
Taiwan's economic ministry said on Monday that said Taipower has applied to raise electricity prices by mid-May in response to a surge in global crude prices this year.
Reuters
State-run Taipower's proposal to drastically hike electricity prices was blocked yesterday in a meeting arranged by the Ministry of Economic Affairs, giving a brief respite for households and companies.
Taipei Times
With Indian receiving $10.2 billion investments in clean energy, the country has emerged as one of the top performing clean energy economies in the 21st century, an eminent American non-profit organisation said in a report.
Times of India
BrightSource Energy, the California solar thermal power plant builder backed by Google, NRG Energy, Morgan Stanley and other heavy-hitters, abruptly pulled its initial public offering on the eve of its planned debut Thursday, citing "adverse market conditions."
Forbes
Company release
Tech Eye.net
Although only 2% growth was registered in the worldwide semiconductor market in 2011, several companies posted results that were far different, according to IC Insights.
IC Insights
The global semiconductor materials market increased 7% in 2011 compared to 2010, with record revenues in 2011 of US$47.86 billion.
SEMI
Creeannounces a breakthrough innovation in street lighting with the introduction of the XSP Series LED Street Light -- the most affordable and efficient Cree簧 LED street light designed to speed payback to municipalities. Using nearly 50 percent less energy and designed to last over three times longer than wasteful, traditional high-pressure sodium street lighting, the XSP Series can double the lumens per dollar compared to previous generations of Cree LED street lights and is the ideal choice for cities and municipalities looking to save money
Marketwatch.com (Dow Jones)
LED-lamp maker Leadray Energy Co., Ltd., partly held by Ritek Inc. and Nien Hsing Textile Co., Ltd., has recently unveiled a factory in Miaoli, northern Taiwan, completely outfitted with in-house-made LED lamps.
CENS
Recent satellite images show North Korea is digging a new tunnel in what appears to be preparation for a third nuclear test, according to South Korean intelligence officials. The excavation at North Korea's northeast Punggye-ri site, where nuclear tests were conducted in 2006 and 2009, is in its final stages.
AP (via Google)
Facebook has announced plans to acquire Instagram, a photo-sharing app for mobile devices, for approximately US$1 billion.
Company release
China returned to an export-led trade surplus of $5.35 billion in March, heralding the prospect that a rebound in the global economy is lifting overseas orders just in time to compensate for a slowdown in domestic demand
Wall Street Journal
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