"...is expected to produce around 300,000 raw wafers per month...a "substantial" proportion of the fab's output would go to Samsung..."

Under the agreement, which includes network deployment and maintenance services, MTNL will be expanding its GSM network by 2 million lines. As the first UMTS rollout in India, network deployment will take place after the relevant regulatory...

Lam Research posted a higher quarterly profit on Wednesday, but its stock fell 6 percent after the supplier of tools for making microchips gave an earnings forecast that was lower than Wall Street expected.