Micron Technology buying Elpida for about $750M

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.

Micron, Oracle settle lawsuit over chip prices

(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.

S. Korea's Hynix swings to red in Q4 on poor demand

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.

Research firm: Amazon sells $199 tablet at a loss

(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.

Thailand flooding could affect PC supplies, prices

(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.

Vermont capital residents OK wood-heating system

(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.

Hynix Semiconductor 1Q profit falls 66 percent

(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.

FTC says computer buyers benefit from Intel deal (Update 2)

(AP) -- The Federal Trade Commission is trumpeting its settlement with Intel Corp. as a victory for consumers who have overpaid for computer chips for a decade, though computer buyers shouldn't expect a sudden drop in prices.

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