 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Intel warns of big slump in revenues
San Francisco (AFP) Jan 7, 2009 The economic slump will take a big bite out of quarterly revenues for Intel, the world's biggest computer chip maker, the company said Wednesday. The California giant was expected to report fourth-quarter revenue of around 8.2 billion dollars, down 20 percent from the prior quarter and down 23 percent year over year. This is lower than the company's previous forecast on November 12, "as a result of further weakness in end demand and inventory reductions by its customers in the global PC supply chain." Intel said its gross margin for the quarter is at the bottom of the previous forecast of 55 percent, "plus or minus a couple of points." The company will also cut spending on research and other initiatives to 2.6 billion dollars from 2.8 billion. Intel shares slumped 5.8 percent to 14.48 dollars in opening trade in New York. Intel reported profit of 2.0 billion dollars in the third-quarter of 2008, on revenues of 10.2 billion. Share This Article With Planet Earth
Related Links Computer Chip Architecture, Technology and Manufacture Nano Technology News From SpaceMart.com
Cracking A Tough Nut For The Semiconductor Industry
Washington DC (SPX) Jan 05, 2009Researchers at the National Institute of Standards and Technology (NIST) have developed a method to measure the toughness-the resistance to fracture-of the thin insulating films that play a critical role in high-performance integrated circuits. The new technique could help improve the reliability and manufacturability of ICs and, better yet, it's one that state-of-the-art microelectronics manufacturers can use with equipment they already own. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook