17th > July > 2001 Archive

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Corel buys Micrografx

Corel is to acquire Micrografx in a stock swap valued at $32 million.
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Hynix sources confirm DRAM production cuts

Memory maker Hynix will start reducing its DRAM output at the end of this month in a desperate bid to curb the crashing price of memory chips.
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Chip-making kit spend slumps

World+dog is cutting its spending on chip-making equipment. Taiwanese semiconductor companies, for example, will this year spend just over half of what they did in 2000.
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AMD to buy Fujitsu Flash plant?

AMD and Fujitsu are negotiating the sale of the Japanese chip maker's Oregon-based Flash memory fab, Japanese paper Nihon Keizai has reported.
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The Tory leadership election on the Net

Updated with results Today, as you probably know, is the third round of voting for the Conservative Party's leadership election. By roughly 6pm this evening, the choice should be whittled down to just two by MPs and then the Conservative party at large will get to decide who will lead them to failure in the next general election.
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Alcatel slashes 300 UK jobs

Alcatel is slashing ten per cent of its UK workforce - about 300 jobs.
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3D Labs optimises Wildcat code for Athlon MP

Graphics chip maker 3D Labs has tweaked the driver behind its Wildcat graphics processor to improve performance on AMD Athlon MP-based systems.
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Oracle aided Marconi collapse

Last week, the once powerful Marconi (formerly GEC) suffered a humiliating share collapse following an unexpected profit warning. The company's operating profit has been jumping each year from 1997 as CEO Lord Simpson turned it from a large lumbering giant into a lean, mean telecoms machine.