Taiwan's leading personal computer maker Acer on Wednesday reported a net loss of $11.39 million in the April-June quarter mainly due to increasing expenses on investments and declining gross margins.
South Korean chipmaker SK Hynix on Thursday posted a record second quarter operating profit on the back of robust chip demand and strong semiconductor prices.
South Korean chipmaker SK Hynix Inc. on Wednesday reported its third consecutive quarterly profit as prices for PC memory chips rose.
Memory-chip maker Micron Technology Inc. has agreed to buy Elpida Memory Inc. for approximately $750 million in cash in a deal that would boost its wafer manufacturing capacity by about 50 percent.
(AP) -- Micron Technology Inc. has settled a lawsuit in which Oracle Corp. accused the Idaho memory chipmaker and other companies of artificially inflating prices for microchips.
South Korea's Hynix Semiconductor, the world's second-largest maker of memory chips, said Thursday it swung into the red in the fourth quarter as chip prices fell on weak demand for personal computers.
(AP) -- Amazon.com Inc.'s Kindle Fire tablet, which started shipping this week, costs $201.70 to make, a research firm said Friday. That's $2.70 more than Amazon charges for it.
(AP) -- The personal computer industry, already reeling from depressed demand, has been dealt another setback: Massive flooding in Thailand has curtailed production of a critical component - computer storage drives.
(AP) -- Vermont's capital city is going ahead with a plan to expand state government's wood-fired heating system into city schools and government buildings.
(AP) -- Hynix Semiconductor's quarterly profit fell 66 percent as sales declined and memory chip prices remained weak, though the company said business conditions should improve in the second quarter.