AMD issues sales warning
AMD today warned that it will miss Q2 sales forecasts of $620m to $700m, its second downward revision in a fortnight. It now says it will pull in approx. $600m for the quarter ended June 30, 2002. Which means that its earlier warning of hefty operating loss for the quarter has just got a lot heftier. AMD's warning is bad news for the PC industry (unless Intel is pulling an absolute blinder on the sly): two weeks ago, AMD changed its Q2 forecasts, initially set at $820m to $900m. The chipmaker reports its final results on July 17.
Nvidia hunts for Euro disties
- IBM sells off more storage biz (to LSI Logic)
- HP axes 5,900 jobs in Europe
- Taiwan IC design firms bid farewell to the so-called traditionally strong 3Q
- Japan's top five IC giants' first rays of profit
- Acute Applied Technologies looks to return to profitability this year
- Japan and South Korea MLCC producers slash prices to grab Taiwan orders
- Hopes of profit dashed: Macronix sees loss upon loss
- GVC shares show surprising strength in a proxy battle over the Lite-On merger
- Asia Pacific Microsystems takes over Winbond 5" fab
Zimmermann calls for NAI to free PGP
- 845PE, 845GE to hit the market in October
- Board makers expect weaker 3Q growth in 2002
- Chip resistor makers see flat July orders, weaker 3Q demand from mobo clients
- Jetway's 2Q revenues fall short of target
- E Ink, Toppan and Philips showcase electronic ink-based color display
- Taiwanese companies enter combo drive production, anticipating greater demand in 2003
- Explosion of DDR demand drives China to Taiwan's doorstep as DDR spot prices skyrocket
- Taiwan investigates four optical drive makers for evidence of pirating
- Hitachi launches new TFT LCD driver IC for mobile phones
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