Word: silicones
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Unlike conventional fabrication processes, which rely on expensive silicon substrates, Lieber and Ham’s process can use nanowires as if they were a solution and ‘spray’ them on any material...
When executives do venture into new fields through mergers, they are now more likely to adopt a hands-off policy toward the acquired companies. IBM last year completed the $1.9 billion purchase of Rolm Corp., a Silicon Valley maker of telecommunications equipment. The button-down computer giant has since left its freewheeling subsidiary largely alone. "We didn't come here to fill up the swimming pool with gravel," an IBM official assured Rolm employees, who have happily retained their corporate hot tubs, saunas and water-polo team. General Motors has vowed to pursue a similar strategy with Hughes Aircraft, which...
While the semiconductor slump is centered in Silicon Valley, the industry's hub, it extends well beyond that California region. United Technologies said last month that it was permanently closing its Mostek subsidiary in suburban Dallas and laying off 2,500 workers in Texas and 3,200 worldwide. The decision followed more than a year of intense and often agonizing cost cutting. Said Marie Gentilo, 45, a Mostek quality-control worker: "There is nothing for us. Some of us are too old to get new jobs...
...companies have been mounting legal efforts to strike back. Three Silicon Valley firms, Intel, National Semiconductor and Advanced Micro Devices, complained to the Government in September that their Japanese rivals are selling certain types of chips in the U.S. at artificially low prices. Last week the U.S. International Trade Commission ruled that the Commerce Department should open a probe of the matter. The U.S. manufacturers want a fair shake in the Japanese market as well. The Semiconductor Industry Association formally complained to the U.S. Trade Representative last June that Japan was blocking access to its markets. Japanese companies deny both...
...flurry of popular products, including Sidekick, an organizing aid for executives, and Turbo Gameworks, for chess and bridge buffs, followed. Kahn soon collected all the touches of the Silicon Valley good life: a Porsche, a 37-ft. sailboat and a lavish home equipped with a family-size hot tub for his wife and two children. Last month, with his bustling company now ensconced in new quarters, Kahn finally found time to correct the status of his residency in the U.S. After flying home to France, where he has become something of a national hero in absentia, Kahn stopped...