Word: silicones
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Some $2.7 million worth of chips, the flake-size bits of silicon that are the brains of computers, was locked inside wire mesh cages that were surrounded by motion detectors, monitored by closed circuit television and watched by guards. The 498,000 chips were soon to be shipped to companies like Data General, Apple and Hughes Aircraft and would eventually find their way into video games, home computers and space program equipment...
Although this was the largest high-technology theft in the so-called Silicon Valley, the mecca of prosperous, advanced companies located just south of San Francisco, it was only the latest incident. An estimated $20 million worth of computers and integrated circuits is now being stolen annually in the region...
Schiller, long before silicon chips, believed that man could attain Mortality through Play. Man would play. He would develop his aesthetic senses and grasp Beauty, even the Sublime. The revolutions of the 19th century would not occur: "No privilege, no autocracy of any kind, is tolerable where taste rules, and the realm of aesthetic semblance extends its sway." The California hot-tub view of history...
...remains the leading producer of semiconductor chips, those tiny silicon-based flakes that are the all-important components of computer circuitry. But profits from this bread-and-butter portion of the company's business are being pummeled by an economic slump in the U.S. and Europe. Because demand for computer parts has dropped sharply, the entire microchip industry is suffering from serious overcapacity that has resulted in fierce price-cutting competition...
...slump, however, is spreading far beyond autos and housing. Retailers suffered a sharp 1.5% drop in sales last month; many are anticipating lackluster business in their all-important Christmas season. The electronics firms of northern California's "Silicon Valley," which make microchip components for computers, have for years been riding a heady boom, but now their profits are plummeting. Employment and spending by state and local governments kept a sturdy prop under the national economy during many previous recessions, but now they too are falling, in part because Reagan's budget cuts have reduced the flow of federal...