Word: semiconductor
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Smoke Alarm ZigBee is a new wireless technology that efficiently transmits short data messages. Smoke alarms by Freescale Semiconductor will use ZigBee and run for months on regular batteries. That way, people upstairs could get an early warning if a fire breaks out in the basement. In prototype...
...France who hoped it would create jobs, the measure instead jacked up the cost of doing business. Siemens just negotiated a return to a 40-hour week for the 4,000 workers at its two phone plants in Germany. Philips is discussing increasing working hours at its Hamburg semiconductor plant as part of a cost-cutting plan. Automakers DaimlerChrysler and Opel, the German arm of General Motors, and railroad firm Deutsche Bahn are currently negotiating longer hours with their unions. The German rollback has become possible because of new union contracts that allow for extended working hours in exchange...
RIESCHEL: On the other hand, you can't take for granted that the next round of technological leadership is going to come from the United States. Intel is one of our strongest companies, but other than that, semiconductor manufacturing pretty much now resides outside the United States. In terms of manufacturing complex products, the new Chinese companies have a leadership stake...
...microchips are any indicator, the global economy continues to gain momentum. The Philadelphia Semiconductor Index, which perked up last month after yet another research group forecast a recovery in 2004, is up 70% from a year ago (though still below its 52-week peak in January). On the heels of upward predictions by IDC and IC Insights, Gartner revised its estimates of global chip sales to call for a 23%-to-32% surge this year, but the boom probably won't last long. Gartner's latest report also lowered its 18% growth forecast...
Meanwhile, semiconductors are creating trade friction with China. Last month Japan and the European Union publicly supported a complaint the U.S. filed with the World Trade Organization against Beijing for imposing a 17% tax on imported semiconductors while levying 3% on chips made domestically. The policy has helped attract chipmakers like Taiwan Semiconductor Manufacturing Co. to open plants on the mainland. One U.S. trade group estimates that at least 19 new semiconductor facilities will be built there by 2008. --By Julie Rawe...