Intel to close plants, up to 6,000 workers affected

From CNET News.com: Intel said on Wednesday it will close chip plants to align its manufacturing capacity to current market conditions. Between 5,000 and 6,000 employees will be affected.

The world's largest chipmaker will halt production at five "older" factories.

The company...

Apple soars past first-quarter earnings expectations

From CNET News.com: Apple reported first-quarter earnings significantly higher than analysts had expected coming off a disappointing holiday season for most tech companies, but provided its usual conservative guidance.

For the three-month period ended December 27, Apple recorded $10...

Corsair Enters SSD Market With 128 GB SSD

From Tom's Hardware: Although an official announcement has yet to be made, it would appear Corsair has entered into the SSD market. Appearing recently at e-retailers, Corsair's new S128 SSD features 128 GB of storage capacity and modest sequential read and write speeds of 90 MB/s...

AMD Quietly Cuts Prices of Phenom II Processors amid Demand Slump

From X-bit Labs: Advanced Micro Devices was quick enough to respond to Intel Corp.’s recent price-cut on select quad-core and dual-core processors with its own price-slash on AMD Phenom II central processing units that have been available for only two weeks now. The world’s second...

Sun's open source Java move gets mixed reviews

From InfoWorld: In November 2006, Sun Microsystems began making all of its Java technology implementations open source, offering them under the GPL. More than two years later, reactions are mixed as to what exactly has been the impact of this momentous change.

Some, including the...

Ericsson Profit Declines, Plans to Cut 5,000 Jobs

From PC World: Swedish operator Ericsson saw declining profits for its fourth quarter and will lay off 5,000 employees in a continuing effort to cut costs, the company said Wednesday.

The company plans to achieve annual savings of 10 billion Swedish kronor (US$1.2 billion) from the...

IBM earnings beat analyst expectations

From CNET News.com: IBM reported Tuesday a 12 percent increase in fourth-quarter earnings, coming in stronger than analysts' expectations.

Big Blue generated net income of $4.4 billion, or $3.28 a share, for the quarter, up 12 percent over the same period a year ago.

Wall Street...

DDR3 Will be Cheaper, Faster in 2009

From DailyTech: New 50nm DDR3 DIMMs from Samsung and Elpida are entering mass production this month. The chips will feature higher densities and speeds while lowering latencies, power consumption, and costs.

Elpida's new 50nm process uses 193nm argon fluoride immersion lithography...

Asustek Computer Plans to Reorganize Businesses

From X-bit Labs: Asustek Computer, the world’s largest maker of mainboards and a leading producer of notebooks, plans to reorganize the company in a bid to optimize its resources and also streamline its operations. Under the restructuring, Asustek will reduce its “manpower” in...

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