Word: chips
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Public-auction websites like eBay are doing a fire-sale business in surplus tech hardware. A new Cisco AS5300 access server with a recommended retail price of $50,000 was auctioned off for less than $2,500. Even busier these days is Virtual Chip Exchange, a private marketplace for 4,200 established buyers and sellers of computer chips and semiconductors in 40 countries. VCE is currently the planet's largest electronics B2B exchange, as rated by Jupiter Media Metrix. The privately held company reports that revenues rose past $37 million in the first quarter, up 238% from the same period...
With 30,000 suppliers still unsigned by VCE and with worldwide surplus-chip inventories estimated to be worth $30 billion, the company seems poised to take even greater advantage of the network effect. "The potential is huge," says John McCarthy, an e-business analyst for Forrester Research. Indeed, projections that the semiconductor business will shrink 17% this year seem to be a boon...
...Intifada as a bargaining chip...
...Office chip overheats. Too much e-mail. My PDA says the chip has been recalled...
...long as I'm in the office I decide to have I.T. install the new Microsoft Office suite. It's a chip implanted behind my right ear. I can think through proposals and e-mails without ever having to type. (I'm not even sure I remember how to type. Schools stopped teaching it years ago after the Carpal Tunnel Syndrome Association filed a class-action lawsuit...