MagnaChip Semiconductor is poised to exit from Chapter 11 with the successful conclusion of its financial restructuring which was executed under the supervision of the US Bankruptcy Court.

Uni-chem has signed a MOU to buy Hynix's memory chip plant and the accompanying land in Eugene, Oregon, for US$50 million. It plans to use the plant to make solar cells as part of the company's new business.

Japan's export recovery slowed in August, pointing to slower growth in production and fuelling concern that the economy may lose momentum as the impact of stimulus spending around the world fades.

Micron Technology will begin to pursue manufacturing of LED devices with the help of a US$5 million federal economic stimulus grant announced Sept. 24.

"Our roadmap for 32nm SOI has not slipped," according to a spokesman for the company. "Yes, the timeframe for introduction has been altered slightly compared to the roadmap we showed you in July, but that is not because of any issues with the technology."

An international solar-related company is in talks with Hynix Semiconductor to buy the South Korea-based company's shuttered computer-chip plant in west Eugene, according to local government and economic development officials.

Neelie Kroes, the European Commissioner in charge of antitrust issues, would undoubtedly be most satisfied to see the Microsoft dossier closed before she goes.

Virtex-5 sales are expected to increase significantly in the September quarter, surpassing 20% of total sales, according to Xilinx. The company is scheduled to report its second quarter financial results on October 14, 2009.

The Numonyx eMMC architecture is comprised of an embedded storage solution with multi-media card interface, flash memory device and host controller – all in a small BGA package. With interface speeds of up to 52MB per second, Numonyx eMMC also allows for an interface voltage of either 1.8V or 3.3V.

Virage Logic and SMIC have jointly announced a RFID optimized version of Virage Logic's AEON multi-time programmable non-volatile memory (NVM) solution. The RFID-optimized NVM solution, ideal for use in passive tags, is being developed on SMIC's 180nm low leakage process.

Seagate Technology now expects revenues for the September quarter to be at or slightly above the high end of its original guidance.

Leaders of the G20 group of the world's most powerful countries pledged to bring the world economy out of recession when they met in London in April. As they meet in Pittsburgh five months later, just how far have their governments gone in meeting some of their key commitments?

The world's leading semiconductor manufacturers plan to discuss ways to prevent overproduction and enforce fair competition at an industry-wide annual meeting on Jeju Island, according to the South Korean government.

Suntech Power has announced that it has beaten all previous records for multicrystalline silicon module conversion efficiency. The new world record conversion efficiency (aperture area only) was measured at 16.53%.