Word: maker
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
While the industry has a few sizzling products like laptop computers, the overall sluggishness is hurting many businesses, ranging from supercomputers to software. Cray Research, the largest supercomputer maker, said early this month it will cut its work force about 7% because of slack demand. Mainframe manufacturer Unisys, which has reported operating losses of $79 million so far this year, plans to slash its payroll by 8,000 workers, or 9%. Wang, which lost $424 million during the past fiscal year, may be pushed into a merger. Former rising stars in personal computers, notably Commodore and Wyse Technology, are losing...
...made by companies like Sun Microsystems. Because of this shift, mainframe sales are expanding only about 5% annually, less than half the rate of a few years ago. Says Rod Canion, president of Houston-based Compaq: "The rules are changing, and it's very difficult for the big-computer makers to accept." At the other end of the spectrum, some PC makers are getting hit with a different problem: a glut of machines. Says Michael Dell, who heads an Austin-based PC maker that bears his name: "There are no more places on the shelf for another computer. There...
Weber said the NSF withdrew its support, about $10 million annually, when the parent company of the von Neumann computer manufacturer disbanded the subsidiary. Control Data Corporation decided to "pull the plug" on ETA System, maker of the supercomputer, the NSF director said. He did not elaborate...
...problem deciding which one to embrace. But for Zenith, the decision was painful. The suburban-Chicago company surprised the high-tech industry last week by agreeing to sell its prosperous computer division to France's Groupe Bull for about $635 million. In doing so, Zenith, the last major U.S. maker of TV sets, decided to stake its future on that risky and supercompetitive business...
Zenith had expanded into computers to reduce its reliance on TVs, a business that low-cost foreign producers were beginning to dominate. The company bought the electronics-kit maker Heath in 1979 and expanded the division to include a line of laptop computers. Zenith's machines are now among the world's best sellers, bringing in about 60% of the company's revenues of $2.7 billion. With this deal, Bull will become the largest European-based computer maker...