Around the web
11 Dec 200810 Dec 20089 Dec 2008
Citing the "deepening global recession" and the stronger dollar, Kodak said on Wednesday its 2008 revenue growth, digital revenue growth, earnings from continuing operations, and cash generation would all fall short of its forecast.
Reuters
As downward revisions of December quarter guidances flow as steadily as pink slips this month, reports are swirling of company-enacted manufacturing plant shutdowns in what seems to be a heavy trend compared to previous years. Samsung, Spansion, TI, and TSMC are among those reportedly shutting down manufacturing sites at the end of the year for up to three weeks. Such action is nothing new...
EDN.com
Wall Street Journal
AFP (via Google)
LEDs Magazine
The new center is expected to provide design and extended sales and engineering support for the company's growth in the Asian market. The company stated that the new office opening is a major strategic initiative as part of migrating its business model to that of a wholly owned Chinese enterprise.
RTTNEWS
The aim of the Agreement is to open up as much of government procurement as possible to international competition. It is designed to make laws, regulations, procedures and practices regarding government procurement that is covered by the Agreement more transparent and to ensure they do not protect domestic products or suppliers, or discriminate against foreign products or suppliers.
Company release
Shares in Hynix Semiconductor rose sharply on Wednesday on expectations of an imminent US$560 million in funding from shareholders, which analysts said would help keep the chip maker afloat for a while.
Reuters
Chu Woo-sik, the Korean electronics giant's executive vice president in charge of investor relations, said at an investor conference that capital expenditures will drop from about 10 trillion won (US$6.91 billion) expected this year to a range of 7 trillion won (US$4.84 billion) to 8 trillion won (US$5.53 billion) next year.
Reuters
WinHEC is the only Microsoft conference that is exclusively focused on designing PCs, servers, and devices that run and interface with Windows. This year, the inclusion of Windows Mobile and Windows Embedded Devices into the conference agenda shows a further determination of Microsoft to extend the application of the much familiar operator interface and design logic to mobile commerce and smart home environment.
Company release
Hyderabad's plan to become the semiconductor manufacturing capital of India has run into trouble and this could impact Andhra Pradesh's image as a vibrant investment destination. SemIndia, an integrated semiconductor company, has decided to put its plan to set up a US$3-billion chip manufacturing facility (fab) on the backburner. But the company's proposed plant on assembly, testing, marking and packing (ATMP) in the city will start production in the second quarter of next year.
Economic Times
Samsung Electronics, the world's largest maker of memory chips and LCD panels and TVs, says the global recession is wiping out profits at those businesses in the fourth quarter.
Bloomberg
Forecast downgrades from American chipmakers Texas Instruments and Broadcom sapped yet more investor confidence from technology stocks in Europe on Tuesday, with German semiconductor firm Infineon bearing the brunt of the sell-off.
Forbes
Research shows that this trend towards power-hungry applications is only set to continue. According to Strategy Analytics, voice call, MP3, FM radio and other handset activities are forecast to remain relatively constant through 2015. However, the use of multimedia functions will increase.
Components in Electronics
There are phones with cameras, and then there are cameras with phones, and a new badboy reportedly making its way to T-Mobile seems to be the latter.
CNET
Texas Instruments, a major provider of processors for mobile phones and other devices, has pulled down its profit forecast for the December quarter by as much as two-thirds on Monday. The company also cut its revenue expectations, saying the economic downturn is having a powerful impact on the market for its chips.
PC World
"The bottom is yet to come," said Jae H. Lee, an analyst at Daiwa Securities. "Oversupply is a given fact until next year and chip companies will have to cut down capacity." "We currently see no reason to be invested in the memory sector," said Robert Lea, an analyst with UBS. "We believe the industry recovery has been pushed out to 2010."
Reuters
Fourteen of the world's largest mobile phone and chip makers, including Sony Ericsson, Vodafone and ARM, joined the Open Handset Alliance on Tuesday to support the Android mobile device platform developed by Google Inc.
Reuters
Yahoo will tell 1,500 employees on Wednesday they are losing their jobs, after announcing in October that layoffs would occur by year's end, a person familiar with the situation said on Tuesday.
Reuters
Spansion said in a statement that the decision is consistent with other chip manufacturers in the industry that are also suffering from decreased demand for flash memory.
Triangle Business Journal
Vodafone has spent 24 million euro to aquire Sweden-based Wayfinder, a company that develops mobile applications that use GPS functionality.
The Inquirer
When the new Macbooks came out a few weeks ago, Nvidia stated that the chips they provided to Apple did not contain the so-called bad bumps material believed to have caused higher-than-expected defect rates in certain notebooks, namely from HP and Dell, under certain usage models. But an investigation lead by The Inquirer seems to show this not to be the case.
The Inquirer
Compound Semiconductor
Korea IT News
The Technology Research Association for Advanced Display Materials (TRADIM) made a TFT LCD panel with a roll-to-roll method using a TFT array and a color filter formed on film substrates.
Techon
The Economic Times
Your Communication News
The Korea Times
Marketwatch.com (Dow Jones)
Yesterday Lee Youn-ho, South Korea's minister of knowledge and economy, said that creditors had almost agreed on support measures for the world's second largest chipmaker. "At the moment, the government is not considering direct support [for Hynix] because shareholders have agreed on providing liquidity to some extent," Mr Lee told foreign correspondents. "But if creditors can't help out Hynix, then the government may look into it."
The Financial Times
In late December and early next year, TI also plans to idle some undisclosed fabs amid a drop in demand. On average, the company sees fab utilization rates hitting the mid-40 percent range in the fourth quarter, compared to the mid-60 percent range in the third quarter. This represents TI's lowest fab utilization rates since the second half of 2001.
EE Times
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