Word: chips
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Dates: during 2000-2009
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...meant layoffs among the biggest manufacturers: Infineon, Geneva-based STMicroelectronics, the Dutch giant Philips, and others outside Europe like Motorola and Mitsubishi. Worldwide semiconductor sales peaked at $204 billion in 2000, according to World Semiconductor Trade Statistics (WSTS), and slipped to $141 billion last year. More than 100 chip manufacturing plants, called FABS, shut down as global demand evaporated. It has been a long cold lonely winter, but finally there are signs that the semiconductor sector may be warming up again soon. Though wary of uncertainties, companies are cautiously talking about a recovery. "The companies that are big enough...
...guarded optimism about a tech rebound. "The thing we are really waiting for is an enterprise commitment to upgrade," said Intel chief financial officer Andy Bryant recently. It's not surprising that he sees it that way, since computers and servers used in businesses and telecommunications networks traditionally drive chip growth. This time around, consumer sales are driving: autos, PCs, DVD players, MP3 devices, set-top boxes, cell phones and digital cameras. Jean-Philippe Dauvin, chief economist at STMicroelectronics, says that from the mid-'90s until the end of last year, a typical European car like the VW Golf contained...
...which European semiconductor manufacturer is best poised to win? Europe's biggest semiconductor manufacturers - STMicroelectronics and Infineon - are ranked fourth and seventh in the world respectively. Each company is pursuing a different strategy. Infineon is determined to maintain a range of products from the highly cyclical drams - a computer chip that acts as a temporary storage depot for data while the computer performs a task - to "logic" chips used in devices such as mobile phones. Meanwhile, Schumacher hopes to offset the downturn in the dram cycle by being strong in logic chips, which are less prone to business swings. Currently...
...notions of years past--conservation, fuel-efficiency standards and the like. But the fun part of the environment is gizmos. The President, a gizmo kind of guy, embraced the hydrogen car. The Democrats could do that and more--nuclear fusion, wind power, digital interstate highways (a computer chip in your car locks you in at 70 m.p.h. a safe distance from the cars in front of and behind you). Whatever. The key is to have at least one issue on which the candidate is free to dream, think big, tap the national spirit of adventure in a way that doesn...
Hendricks, who has not played since the Yale series in mid-April while recovering from surgery to remove a bone chip from his knee, sat in the dugout yesterday in his uniform but no cleats. If Hendricks were in the lineup, Dukovich—who had an RBI single off Pauly along with his ninth-inning walk—would have been available on the bench in addition to Herrmann when Walsh needed a ninth-inning miracle...