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semiconductors

AMD to trim 1,100 jobs, initiate temporary pay cuts

Updated at 10:12 a.m. PST, with more information about AMD's financial performance.

Advanced Micro Devices announced Friday it would slash its workforce by 9 percent and institute temporary salary cuts, from its executive chairman on down to hourly workers.

AMD will cut 1,100 positions in the first quarter through attrition and layoffs, as one of its measures to cut costs during these recessionary times.

The chipmaker will also institute temporary salary cuts, with its CEO Dirk Meyer and Executive Chairman Hector Ruiz both taking a 20 percent cut. In the U.S. and Canada, executives that … Read more

Report: Samsung Electronics restructures

Samsung Electronics is reconfiguring four divisions into two, in a move to bring its consumer products under one roof and its components business under another, according to a report Friday in The Wall Street Journal

The electronics giant will house such areas as its TVs, cell phones, and other consumer electronics into one group, while the components division will now include its liquid crystal displays and semiconductors, according to the report.

Samsung's restructuring comes at a time when a number of companies are retooling their operations in an effort to minimize the effect of a slowdown in corporate IT spendingRead more

Freescale chip aims at 1GHz, $199 Netbook

Freescale Semiconductor is expected to launch new silicon for Netbooks--devices that it believes will come in below $200--at the Consumer Electronics Show this week in Las Vegas.

The ARM chip architecture-based i.MX51 processor is designed to enable "low-power, gigahertz performance netbooks at sub-$200 price points," according to Freescale, formerly Motorola's chipmaking arm.

The definition of a Netbook seems to get redefined every month, as different companies push their distinct vision of the device. And Freescale is no different. While Freescale, like Intel, believes the Netbook is a companion device to the PC, it envisions devices … Read more

Chip sales slump in November

Global sales of chips sank 9.8 percent in November, underscoring the impact the worldwide economic crisis is having on chipmakers, the Semiconductor Industry Association said Friday.

The San Jose, Calif.-based trade group said worldwide sales of semiconductors fell in November to $20.8 billion, a decline of 9.8 percent from November 2007 when sales were $23.1 billion.

Sales were down 7.2 percent from the $22.4 billion in October, according to the SIA.

Memory chips are putting the biggest damper on growth. Excluding memory, there was a slower year-on-year decline of 4.8 percent to $… Read more

Gartner says 2009 chip sales decline to set record

Can the chip industry doldrums get any worse? Yes, Gartner says. In fact, semiconductor sales may set a record for consecutive yearly declines.

The market research firm on Tuesday predicted that in 2009, the chip industry will see back-to-back yearly declines for the first time in its history, with global chip revenue expected to decline 16.3 percent, to $219.2 billion.

Sales in the fourth quarter of 2008 will post a historic decline too, sinking to a record quarter-over-quarter decline of 24.4 percent, surpassing the 20 percent decline record set in the second quarter of 2001, the firm … Read more

Chip sales dip in October, flash sales dive

The Semiconductor Industry Association said Monday that global sales of semiconductors declined by 2.4 percent in October as memory products saw the steepest declines.

This follows an SIA report last month that said chip sales in the fourth quarter, historically a strong time period for the microelectronics industry, are expected to decline by 5.9 percent from the previous quarter.

Monday's report said that global sales of semiconductors declined by 2.4 percent in October to $22.5 billion against sales of $23.0 billion in October 2007. October sales were off by 2.1 percent compared to … Read more

Chip group sees first sales decline since 2001

Correction, 10:46 a.m. PST: This story misstated the day the SIA made its announcement. It is Wednesday.

The Semiconductor Industry Association said Wednesday it is projecting the first decline in global chip sales since 2001.

SIA projects that 2009 sales will decline by 5.6 percent to $246.7 billion before resuming growth in 2010.

The forecast projects sales this year of $261.2 billion, a 2.2 percent increase from sales of $255.6 billion last year. But sales in the fourth quarter, historically a strong time period for the microelectronics industry, are expected to decline by … Read more

Microchip, ON propose $2.3 billion deal for Atmel

Microchip Technology and On Semiconductor have made a $2.3 billion bid for semiconductor maker Atmel Corp., the companies announced Thursday.

Atmel designs and manufactures microcontrollers, advanced logic, mixed-signal, nonvolatile memory, and radio frequency (RF) components.

The two companies sent a letter to Atmel CEO Steven Laub proposing a $5 per share buyout, which represents a 52 percent premium over Atmel's closing share price on October 1, 2008.

The letter follows earlier discussions between Atmel and Microchip.

"We appreciate your having taken the time to meet with (Microchip CEO) Steve Sanghi on September 5th to discuss Microchip's … Read more

NEC joins IBM on 32-nanometer chip research

IBM has added NEC to its growing list of allied companies doing research on next-generation chip manufacturing technology.

On Thursday, IBM and NEC Electronics signed an agreement for joint development of next-generation semiconductor manufacturing process technology, which includes participation in an IBM-led effort focused on 32-nanometer chips and, later, 22-nanometer chips. Currently, companies like Intel and Advanced Micro Devices are bringing 45-nanometer chips to market.

Generally, as geometries get smaller, chips get faster and more power-efficient.

IBM has accumulated a large, eclectic group of chipmakers at its semiconductor fabrication facility in East Fishkill, N.Y., and the College of Nanoscale … Read more

Chipmaker paints bleak economic picture

Chartered Semiconductor, which builds chips for companies like IBM and Samsung, says it is looking at a bleak economic picture for the coming months.

Update: Infineon Technologies, a German chipmaker, announced Friday that it would lay off 3,000 workers due to the "levels of risk in the current market conditions."

Chartered CEO Chia Song Hwee issued a cautionary statement when the company announced earnings late Thursday afternoon. "We continue to be cautious about the worsening economic situation," he said, adding that Chartered is "dealing with the challenges of...crude oil price increases" and &… Read more