Semiconductor

EL SEGUNDO, Calif.—TelASIC Communications announced it has completed a $22.5 million initial round of financing. The semiconductor company plans to develop cost-effective RF and analog mixed signal solutions for advanced …

TOKYO—Japanese vendor Matsushita Electric Industrial set up a new semiconductor manufacturing company in China, the firm announced on 31 January. The new firm, called Suzhou Matsushita Semiconductor, is located in …

TOKYO—Matsushita Electric Industrial, a leading consumer electronics manufacturer, on 28 January announced it filed a lawsuit against Samsung Electronics, claiming that the Korean company and three U.S. subsidiaries of Samsung …

MIGDAL HAEMEK, Israel—Tower Semiconductor said it completed its offering of securities units in Israel, resulting in gross proceeds of US$23.2 million. The company will use the money for its Fab …

SCHAUMBERG, Illinois, United States—Motorola reported significant, but not surprising, losses for the fourth quarter and year ended 31 December, 2001, a year Christopher Galvin, Motorola chairman and chief executive officer, …

MIGDAL HAEMEK, Israel—Tower Semiconductor said it received a permit from the Israeli Securities Authority to publish a prospectus in Israel. The price of each security will be determined by a …

HONG KONG—Motorola said it plans to cut between 700 and 800 semiconductor jobs at its test and assembly facility in Hong Kong and move productions to its plants in Kuala …

WASHINGTON-2002 offers the wayward wireless industry a chance to begin to redeem and redefine itself. But it won’t be easy, and survival skills will be essential. Indeed, with economic sluggishness …

Shortly after Motorola Inc. reconfirmed its guidance for fourth-quarter sales and revealed another 9,400 jobs will be eliminated during the next year, the company boldly predicted it will increase its …

NEWPORT BEACH, Calif.-Semiconductor provider Conexant Systems Inc. made a series of major announcements, including a merger with Alpha Industries Inc., the separation of its business into three companies and improved …

LONDON—NEC announced it will close a semiconductor plant in Scotland, eliminating 1,260 jobs. The Livingston, West Lothian, plant closure is blamed on the widespread downturn in demand for cellular phone …

TOKYO—Toshiba Corp. announced it is selling its Virginia-based chip manufacturing plant to Micron Technology, thus exiting the dynamic random access memory (DRAM) chip manufacturing business. Toshiba expects the sale of …

LONDON—NEC announced it will close a semiconductor plant in Scotland, eliminating 1,260 jobs. The Livingston, West Lothian, plant closure is blamed on the widespread downturn in demand for cellular phone …

GREENSBORO, N.C.-RF Micro Devices Inc. agreed to purchase IBM Corp.’s global positioning system development operation, the company said. The acquisition provides RFMD with advanced GPS technology and access to IBM’s …

BEIJING—Philips Semiconductor and China’s Huawei Technologies have agreed to jointly develop application specific integrated circuits (ASICs) for 3G products. Philips Semiconductor will mainly provide technical support and manufacturing services. The …

While 802.11b, otherwise known as Wi-Fi, has made huge inroads as the wireless local area network technology of choice, many companies providing equipment and support for the technology acknowledge higher-speed …

SAN JOSE, Calif.-Hitachi Semiconductor Inc. said it has unveiled a new Flash memory product, called Mobile Media Chips, which saves space and enhances storage for multimedia functions in handheld PCs, …

SAN DIEGO—Qualcomm Inc. said it rolled out the first samples of its third-generation Mobile Station Modem, or MSM6050, which it claims to be the first baseband integrated circuit on 300mm …

TOKYO—Citing sharp declines in demand, NEC Corp. is asking 6,600 semiconductor plant workers to stay at home with reduced pay for one to three days a month in November and …

ALLENTOWN, Pennsylvania, United States—Agere Systems announced its wireless platform and semiconductor will be used in Beijing-based PTIC Capitel’s new small C76088 and C6288 models, which recently began selling to the …

TOKYO—Fujitsu, a leading communications vender in Japan, announced it is expecting to have a 310 billion yen (US$2.5 billion) net loss for fiscal year (FY) 2001, ending March 2002, due …

TOKYO—NEC, a leading communications vender in Japan, announced that the firm is expecting its revenues for fiscal year (FY) 2001 ending March 2002 to decline by 2 percent, and the …

BEIJING—China’s Datang Technology, China Electronics Corporation Wireless (CECW) and the Dutch firm Philips Semiconductors have agreed to form a joint venture to design and license core technology for TD-SCDMA mobile …

TOKYO—NEC Corp. and Sony Corp. reviewed their earnings outlook and NEC announced measures to move its businesses back to profitability. Sony cut its forecast for the fiscal year from $7 …

SALT LAKE CITY—Valence Semiconductor announced its VS7001 integrated circuit for GPS applications is now available. “The VS7001 represents a milestone in GPS design engineering and innovation moving toward the world’s …