The Welland, Ontario, company says the new light has 4x the efficiency of many halogen MR16 lamps.

Intel has announced that it has filed suit against Nvidia over whether or not the GPU and chipset designer has the rights to build solutions for Nehalem-based CPUs.

Verizon plans to have LTE ready for trial in two cities in the US by late 2009, with 25 to 30 cities deployed commercially in 2010. LTE handsets, however, may not appear until 2011.

South Korean electronic giant Samsung Electronics has said it had asked a US trade panel to block imports of Eastman Kodak's digital cameras in an ongoing patent row.

module supplier Kingston Technology has said it wants to help the DRAM chip sector consolidate as it remains mired in its worst downturn, and it expects to see an upturn as early as this year. "We want to play a helpful role," John Tu, president and co-founder of Kingston, told Reuters in an interview on the sidelines of the Mobile World Congress trade show.

An estimated 2,000 people attended the job expo hosted by the Richmond Times-Dispatch at its Hanover County production plant. The event was held from 9am to 1pm. Many described a job market that is becoming more competitive as the economic recession continues.

Qimonda's works council urged German Chancellor Angela Merkel to help save the insolvent memory chipmaker. "Act now, dear Mrs Chancellor, so that technological dominance in semiconductors in Germany and Europe will not be lost."

Advanced Micro Devices (AMD) announced today that its stockholders overwhelmingly approved a spinoff proposal to create The Foundry Company. The shareholder approval allows AMD to issue common stock and warrants to an affiliate of the Mubadala Development Co., paving the way for AMD and the Advanced Technology Investment Co. of Abu Dhabi to create the new foundry.

The market for TFT-LCD equipment may have grown 30% in 2008, but it is expected to drop 41% in 2009, according to The Information Network.

Numonyx has taped out a 1Gbit phase change memory, according to company CTO Ed Doller. "We've taped out a 1Gb phase change device on 45nm", said Doller. "Our view is that it's scalable for NOR to the 32nm node".

Former US Federal Reserve Chairman Alan Greenspan has said the current global recession will "surely be the longest and deepest" since the 1930s and more government rescue funds are needed to stabilize the US financial system.

Wal-Mart Stores has reported that fourth-quarter sales rose, while profit fell - both missing analyst estimates.

According to new market share figures from Gartner, both Samsung Electronics and Micron Technology have gained the most share in the DRAM market in the fourth quarter of 2008, as rivals struggle to preserve cash by cutting production. Samsung held a 29.5% market share in 3Q08 but saw this increase to 31.1% in the 4Q08. Micron saw its share increase from 8.8% in 3Q08 to 11.0% in 4Q08, thanks to strong bit growth. Micron also moved into fourth place in Gartner's DRAM company rankings.

A combination of 200mm fab closures and slowing capacity expansions at existing 300mm fabs is expected to result in a NAND flash capital expenditure decline of 58.9% in 2009, according to DRAMeXchange. In 2008, NAND flash capex declined 27.7%.

The GSMA and 17 leading mobile operators and manufacturers have announced that they are committed to implementing a cross-industry standard for a universal charger for new mobile phones. The aim of the initiative, led by the GSMA, is to ensure that the mobile industry adopts a common format for mobile phone charger connections and energy-efficient chargers resulting in an estimated 50% reduction in standby energy consumption, and the potential elimination of up to 51,000 tonnes of duplicate chargers.

Singapore's chip-packaging and testing firm STATS ChipPAC has said that it will not proceed with an exercise to reduce its capital because it was unable to obtain debt financing amid the financial turmoil.

International banks such as Citigroup and Royal Bank of Scotland will see new competition in China as Taiwanese banks enter the market, leveraging their cultural ties and links to local firms. The Taiwanese could quickly reap profits in their giant neighbor this year, helping underpin their battered shares over the coming months, and at the expense of bigger Western rivals which have troubles of their own at home.

US semiconductor maker Ramtron International has announced that it has entered into a foundry services agreement with IBM. The companies plan to install Ramtron's F-RAM semiconductor process technology in IBM's Burlington, Vermont, advanced wafer manufacturing facility.

Texas Instruments has sent out a little reminder that it won't be a cakewalk into the smartphone market for newcomers Intel and Nvidia. TI continues to upgrade its arsenal of ARM-design-based processors, which have been shipping for years to cell phone customers.

Samsung Electronics, the world's top maker of memory chips and flat screens, is planning to reduce its capital expenditure by 35% in 2009, the Korea Economic Daily has reported.