Semiconductor Manufacturing
ST-Ericsson to cut 1,600 jobs in company split
Mar 18, 2013 06:25 EDT
The unprofitable mobile technology venture between Ericsson and STMicroelectronics, ST-Ericsson, said Monday it would axe 1,600 jobs after splitting the operation.
Sharp says Qualcomm investment delayed
Mar 17, 2013 23:13 EDT
Cash-strapped Japanese electronics giant Sharp said that a badly needed capital injection from US chipmaker Qualcomm had been delayed as the two sides hammer out details of the pact.
SAC hedge funds fined $614 mn for insider trades
Mar 15, 2013 19:17 EDT
The SEC announced insider trading fines of more than $614 million Friday for affiliates of billionaire Steven A. Cohen's SAC Capital Advisers, dealing another blow to the embattled hedge fund titan.
SEC fines SAC unit $600 mn over insider trades
Mar 15, 2013 14:53 EDT
The SEC announced Friday it was fining a unit of the hedge fund SAC Capital Advisors more than $600 million over insider trades that netted hundreds of millions of dollars in illicit profits.
US stocks rise on upbeat German data, HP earnings
Feb 22, 2013 10:35 EST
US stocks moved higher Friday following a bullish report on German business sentiment and solid earnings results from computer company Hewlett-Packard.
Intel taking on cable TV with set-top box
Feb 12, 2013 15:57 EST
Computer chip giant Intel said Tuesday it is making a set-top box for delivering movies and more to televisions in an Internet-based challenge to traditional cable services.
Japan's Renesas logs $1.73 bn loss, cuts forecast
Feb 08, 2013 13:59 EST
Struggling Japanese chipmaker Renesas Electronics on Friday posted a $1.73 billion net loss in the nine months to December, and chopped its annual earnings forecast by 17 percent.
Toshiba's nine-month profit surges six fold
Jan 31, 2013 03:53 EST
Japan's Toshiba said Thursday net profit in the nine months to December soared six fold to 54.52 billion yen ($600 million) thanks to brisk sales in its semiconductor and power plant businesses.
SK Hynix posts Q4 profit swing on strong chip demand
Jan 30, 2013 00:45 EST
South Korea's SK Hynix reported Wednesday a fourth-quarter net profit of 164 billion won ($151 million) as growing sales of mobile devices in emerging markets fanned demand for its memory chips.
Samsung posts record Q4 net profit
Jan 24, 2013 22:44 EST
South Korea's Samsung Electronics said on Friday net profit soared 75.6 percent to a record 7.04 trillion won ($6.6 billion) in the fourth quarter of 2012, driven by strong smartphone and memory chip sales.
Online crowd powers "Girl Rising" film debut
Jan 21, 2013 15:01 EST
Tech startup Gathr is putting the power of the crowd behind 'Girl Rising,' a film that poignantly backs the fact that educating girls makes our world a better place.
S&P, Dow hit fresh 5 year highs; Intel pulls Nasdaq down
Jan 18, 2013 17:59 EST
The S&P 500 and the Dow hit their best levels since late 2007 on Friday, helped by news that Republicans might agree to raise the debt ceiling, but poor earnings from Intel pulled the Nasdaq lower.
European stocks diverge over Chinese GDP data,
Jan 18, 2013 13:57 EST
European share trading posted mixed results on Friday, with London gaining on Chinese growth data that beat expectations while Frankfurt and Paris slipped back on disappointing European and US figures.
European stocks mixed, investors digest China data
Jan 18, 2013 10:46 EST
European shares were mixed on Friday as investors mulled Chinese growth data that beat expectations but marked the slowest rate of expansion for 13 years.
Intel profits slide, outlook weak as woes continue
Jan 17, 2013 17:36 EST
Intel Corp. on Thursday reported falling profits for the fourth quarter and full year 2012, and offered a disappointing outlook in another sign of the chip giant's woes from a shifting tech landscape.
Taiwan TSMC says Q4 profit rises 31.8%
Jan 17, 2013 03:22 EST
Taiwan Semiconductor Manufacturing Co, the world's top contract microchip maker, said Thursday fourth-quarter profit rose 31.8 percent year on year thanks to better-than-forecast demand.
Japan chipmaker Renesas to boost job-cut scheme
Jan 17, 2013 02:05 EST
Struggling Japanese chipmaker Renesas Electronics said Thursday it plans to widen an early retirement scheme as it scrambles to cut costs to shore up its bleeding balance sheet.
Japan chipmaker Renesas to boost job-cut scheme
Jan 16, 2013 23:19 EST
Struggling Japanese chipmaker Renesas Electronics said on Thursday it planned to widen an early retirement scheme as it scrambles to cut costs to shore up its bleeding balance sheet.
Intel calls for end to online gender gap
Jan 10, 2013 18:37 EST
Women and girls are being left behind as the Internet spreads across the globe, with almost a third of all humanity now online, said a study released Thursday by hi-tech giant Intel Corporation.
Taiwan TSMC's 2012 sales up 18.5 percent
Jan 10, 2013 12:09 EST
Taiwan Semiconductor Manufacturing Co (TSMC), the world's leading contract chip maker, said Thursday sales rose 18.5 percent last year, with analysts citing demand for mobile devices as a major factor.
