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Tech industry may get huge upgrade
Los Angeles Times Staff WriterFor most of the two years since the Internet bubble burst and knocked the technology industry into its worst slump, everyone from unemployed programmers to disaffected investors has looked hopefully to 2003 for a turnaround. Now, with the new year...Tags: Toronto (Canada), Hewlett-Packard Co., Stock Market, Banking, Technology
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UPDATE 1-Renesas to approach shareholders for support Thursday-Nikkei
ReutersTOKYO, May 31 (Reuters) - Japan's Renesas Electronics Corp will present a plan to Hitachi Ltd and other major shareholders on Thursday under which the loss-making chipmaker will seek to raise more than 100 billion yen ($1.3 billion) to pay for...Tags: National Economic Council, Japan, Samsung Group, NEC Corporation, Hitachi Ltd.
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UPDATE 3-Renesas outsources top-end chips to TSMC as shake-out looms
Reuters* Renesas plans to cut 12,000 jobs, sell operations - source * Says to outsource top-end chips to Taiwan's TSMC * Shares hit life low, down nearly 60 pct in 2 months * Company aims to raise $1.26 bln to fund turnaround plan (Adds announcement on TSMC,...Tags: National Economic Council, Japan, Hitachi Ltd., Companies and Corporations, Computing and Information Technology Industry
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Renesas outsources top-end chips to TSMC as shake-out looms
ReutersTOKYO (Reuters) - Japan's Renesas Electronics will outsource its top-end chips to Taiwan Semiconductor Manufacturing Co to survive cut-throat global competition after falling behind in investment and as it grapples with a costly restructuring. Renesas,...Tags: Consumer Goods Industries, Leveraged Buyouts, Job Layoffs, Taiwan Semiconductor Manufacturing Company Limited, Companies and Corporations
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UPDATE 2-Renesas braces for costly restructuring, shares fall 11 pct
Reuters* Renesas plans to cut 12,000 jobs, sell operations - source * To announce business tie-up with TSMC after market close * Shares hit all-time low, down nearly 60 pct in 2 months * Company aims to raise $1.26 bln to fund turnaround plan (Adds...Tags: Leveraged Buyouts, National Economic Council, Japan, Hitachi Ltd., Taiwan Semiconductor Manufacturing Company Limited
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UPDATE 1-Renesas braces for costly restructuring, shares fall 11 pct
Reuters* Renesas plans to cut 12,000 jobs, sell operations -source * To announce business tie-up with TSMC after market close * Shares hit all-time low, down by nearly 60 pct in 2 mths * Company raising $1.26 bln to pay for turnaround plan (Adds background,...Tags: Leveraged Buyouts, Japan, Hitachi Ltd., Companies and Corporations, Finance
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UPDATE 1-Renesas aims to sell chip plant, shed 12,000 jobs -source
Reuters* Renesas plans to sell system chip plant, mobile unit -source * Taiwan's TSMC plans to buy north Japan chip plant -Nikkei * Renesas hopes to raise more than $1.3 billion for restructuring * To cut payroll by 12,000 via plant sales, redundancies By...Tags: National Economic Council, Japan, Hitachi Ltd., Companies and Corporations, Plant Openings
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UPDATE 3-Renesas says to tie up with TSMC in chip business
Reuters* Renesas will detail tie-up terms with TSMC on Monday * Renesas struggling with high costs and competition * Media reports say capital raising, job cuts loom * Shares end up 1.9 pct, but down by half in past 2 mths By Mari Saito and Jonathan Standing...Tags: Toshiba Corporation, Intel Corp., Bankruptcy, Layoffs and Downsizing, Labor Markets
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Nikkei seen rising as bargain hunting continues
ReutersTOKYO, May 22 (Reuters) - Japan's Nikkei share average is expected to rise on Tuesday, continuing Monday's technical correction as investors pick up bargains after stocks were knocked down last week by concerns about a deepening euro crisis and a strong...Tags: Toshiba Corporation, Facebook, S&P 500, Japan, Foreign Exchange Market
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Nikkei firms as investors pick up laggards
ReutersTOKYO, May 22 (Reuters) - Japan's Nikkei share average rose in early trade on Tuesday, continuing Monday's technical correction as investors picked up bargains after last week's flurry of aggressive selling, triggered by concern over a deepening euro...Tags: Honda Motor Co., Automotive Equipment, Nikon Corp, Manufacturing and Engineering, Toyota Motor Corp.
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Nikkei firms as investors sweep up laggards
Reuters* Nikkei gains 1 pct but resistance proves stubborn * Renesas bounces back; asks for capital, slashes jobs * Komatsu makes strides on assurances of solid demand TOKYO, May 22 (Reuters) - Japan's Nikkei share average rose on Tuesday morning, continuing...Tags: Machine Manufacturing, Japan, Hitachi Ltd., Nissan Motor Co., Kubota Corporation
Dec 31, 2002
|Story| Los Angeles Times
May 30, 2012
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May 28, 2012
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May 28, 2012
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May 27, 2012
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May 27, 2012
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May 26, 2012
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May 23, 2012
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May 24, 2012
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May 21, 2012
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May 21, 2012
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May 21, 2012
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