Around the web
7 Feb 20113 Feb 20111 Feb 201131 Jan 201128 Jan 201127 Jan 201126 Jan 2011
Unemployment fell sharply for a second straight month in January. Still, many economists find the two-month drop, the largest since 1958, too good to be true and expect it to edge back up in the months ahead.
Washington Post
Rising demand for vehicles in China has boosted profits at Infineon. Back orders are expected to last through summer.
Deutsche Welle
The profit gain was largely due to "a significantly improved performance in electronic devices, driven mainly by the return to profit of the LCD business and demand expansion in NAND flash memories," Toshiba said in a statement.
AFP (via Google)
"In 2010 there was a big bounce in the semiconductor market marking a recovery year which has seen the industry overall grow about 15%," said Tim Score, ARM's CFO. "ARM grew about 30%, and this year we expect the industry to grow about 5% to 8%, and that we will grow faster."
The Guardian
Speculation ARM could become a takeover target is misguided and ignores the importance of the chip designer staying independent, ARM's president said.
Reuters
"A fall in DRAM prices, the appreciation of the yen, and inventory valuation losses resulted in a 26.9 billion yen operating loss," said CFO Yasuo Shirai. Elpida shares closed 0.24% higher in Tokyo trade ahead of the earnings announcement on February 2.
AFP (via Google)
When a final agreement is reached, Powerchip will phase out the sales of own branded DRAMs and Elpida will purchase all PC DRAMs from Powerchip to sell them as its own branded products. Powerchip currently has 80,000 wafers per month capacity for commodity DRAM production.
Company release
Company release
Sydney Morning Herald
The Register
Net income for the fourth quarter of 2010 was US$33.1 million as compared to net losses of US$20.6 million in the prior quarter and losses of US$23.3 million a year ago. Net profits for 2010 were US$150.9 million, compared to losses of US$92.2 million in 2009.
Company release
Flash memory specialist SanDisk topped Wall Street's estimates with its fourth-quarter results, boosted by strength in Asia and its mobile business.
The Street
The recession caused fab tool vendors to de-accelerate their investments and programs in 450mm. As a result, 450mm production has been delayed at least to 2017 or 2018, said Trevor Yancey, an analyst with IC Insights.
EE Times
China plans to step up efforts to develop clean energy and other technology industries this year, government officials said Thursday, a strategy that has strained trade ties with Washington and other governments.
Bloomberg
it's being said that the first Facebook phones will be built by HTC, just like how the first Android phones were made by HTC...the HTC-sourced smartphones will "run a modified build of Google's Android operating system that will display information from a user's Facebook account on the home screen." So, it's like HTC Sense or Samsung TouchWiz... only with Walls, Pokes, and FarmVilles.
MobileMag
The first full quarter on Elop's watch will include the first sizable sales from the company's N8 smartphone. The 44% drop in profit forecast by analysts stands in contrast to Apple's 78% earnings growth in the period.
Bloomberg
In the roughly two weeks since Motorola's biggest customer Verizon Wireless unveiled plans to start selling an iPhone in February, Motorola has already noticed a decline in smartphone sales, Chief Executive Sanjay Jha said on Wednesday.
Reuters
Amid a loss and some US$454.0 million in disputed claims against the company, Spansion has raised its capital spending for 2011.
EE Times
STMicroelectronics, Europe's largest chipmaker, fell the most in five months in Milan trading after the company's ST-Ericsson wireless venture reported increased losses in the fourth quarter.
Bloomberg
In Japan, Toyota will recall 1.28 million units of models including the Voxy, Noah and Isis minivans and RAV4 sport- utility vehicles, according to statements from the company. Separately, Toyota said it would conduct a voluntary safety recall of 245,000 Lexus luxury cars in the US to inspect installation of fuel pressure sensors and call back 135,000 Avensis sedans in Europe for potential defects in fuel systems.
Business Week
Texas Instruments has admitted that Nvidia beat it to market with the first dual-core processor for tablets. This is surprising statement from a company that has been in the business of building power-efficient chips based on the ARM design for close to two decades.
CNET
Huawei Technologies Co., China's largest telecommunications equipment maker, won a court order barring Motorola Solutions Inc. from disclosing confidential information about Huawei's technology to Nokia Siemens Networks, which plans to buy Motorola's wireless networks business.
Business Week
In January 2010, the imaging and photography giant filed a complaint with the U.S. ITC against Apple and RIM, alleging that the phone makers infringed on a Kodak patent involving image previews.
Mashable
Yesterday First Solar closed at a new 52 week high after Goldman Sachs posted a Buy recommendation and news of a $1 billion manufacturing plant in Vietnam hit.
Reuters
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