IBM's Microchip Plant Not Measuring Up
IBM's new $3 billion microchip factory was supposed to bring the company efficiency and profit. Instead, it is giving the technology leader a headache. "Demonstrating the risk of huge investments in advanced chip-making tools, International Business Machines Corp. IBM.N on Wednesday cited production problems at the gleaming chip plant in East Fishkill, New York, as a reason why its microchip business would lose money this year."
Story from Reuters
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