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Word: sematech (lookup in dictionary) (lookup stats)
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...Gordon Moore to found Intel. Under Noyce's shirt-sleeves leadership, it soon produced a landmark memory chip and the so-called computer-on-a-chip, or microprocessor. By 1974 Intel was so successful that Noyce traded day-to-day management for industrywide concerns, like leading a consortium called Sematech to stave off foreign competition. He died...

Author: /time Magazine | Title: Robert Noyce: Microchip | 3/29/1999 | See Source »

...other side's fees. The Food and Drug Administration and the Federal Communications Commission loom in his columns as especially power hungry and antiquated. In practice, however, his anti-interventionist instincts aren't so tidy. Forbes has railed against industrial policy, for example, decrying the government-sponsored Sematech chip consortium and the Clinton Pentagon's development of flat-panel computer displays. Yet he heartily endorses Kemp-style enterprise zones that, whatever their worthy aims, amount to a textbook use of government subsidies to improve upon markets...

Author: /time Magazine | Title: CAMPAIGN '96: THE VIEW FROM UP HERE | 2/19/1996 | See Source »

...want the government to do more. Many even call for a type of national industrial policy on the scale of Japan's powerful Ministry of International Trade and Industry. While such direct intervention is a long shot, Washington has given the industry a big boost through formation of the Sematech consortium. Created by Congress in 1987, Sematech is a research-and-development group financed on a fifty-fifty basis by the Pentagon and a group of 12 U.S. electronics companies, including Intel, Motorola and IBM. Based in Austin, Sematech set out to restore U.S. dominance in advanced chipmaking equipment, like...

Author: /time Magazine | Title: Chips Ahoy! | 11/23/1992 | See Source »

...pull the plug on its two most widely publicized high-tech initiatives. According to reports circulating in Washington, the Administration was determined to cut not only the $10 million it had pledged for research into high-definition television, but all federal support -- including $100 million in 1991 -- for Sematech, the Reagan-era industrial consortium designed to catapult the U.S. into the lead in the technologies for manufacturing computer chips...

Author: /time Magazine | Title: High Tech's Fickle Helping Hand | 12/4/1989 | See Source »

...financing. Many venture capitalists are shunning computer companies, largely because of mounting losses on recent start-ups. Says Houston venture capitalist Edward Williams: "Compaq and Apple -- those opportunities in hardware have come and gone. It's too risky at the moment. It's an industry that's maturing." Adds Sematech's Noyce: "Nobody's going to be very interested when the last people in it got stung." According to Venture Economics, a market-research firm, the number of computer-hardware makers receiving venture financing fell from 397 in 1984 to 215 last year, and software start-ups getting such funding...

Author: /time Magazine | Title: Just Squeaking Along | 10/30/1989 | See Source »

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