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Marketwatch.com (Dow Jones)
Atmel has signed a definitive agreement to acquire Advanced Digital Design, a Spain-based developer of power line communication solutions. The transaction is subject to customary closing conditions and is expected to close in October.
Company release
Samsung Electronics doesn't expect "a drastic rebound" in prices for DRAM used in PCs, Kwon Oh Hyun, head of the company's chip division, said in an e-mail.
Bloomberg (via Businessweek)
When you are in the lighting business and a disruptive new technology such as light-emitting diodes (LEDs) comes along, it pays to be inventive.
Economist
LG Electronics Inc. and component-making unit LG Innotek Co. said on Wednesday that they filed a lawsuit with a South Korean court on Tuesday seeking an injunction blocking local branches of Germany's BMW AG and Audi AG from selling vehicles equipped with lighting products made by Osram AG, which the Korean companies allege infringe their patents.
Wall Street Journal
Germany, the world's biggest solar panel market, added 664MW of the devices in June, a 69% drop from the same period last year, according to preliminary figures from the German power grid regulator.
Business Week
Solar manufacturers including a unit of SolarWorld AG are preparing a U.S. trade complaint against China, as they seek to counter low-cost, subsidized imports, according to people familiar with the matter.
Business Week
Two days before a looming deadline, the U.S. Department of Energy finalized two loan guarantees Wednesday from the same economic-stimulus program that backed Solyndra LLC.
Fox Business
LEDs Magazine
IBM and Intel will invest US$4.4 billion over five years to create a hub for next-generation computer chip technology in New York, according to the state's Governor Andrew Cuomo.
Bloomberg
Philips Roadway Lighting announced the new RoadView luminaire series designed for use in place of up to 400W HID sources.
LEDs Magazine
Some may think of the solar energy industry as new and even in need of government help, but those who have worked in it for decades say plenty of privately funded solar power companies are thriving.
Fox News
The Washington Times
The renewable energy sector and in particular, solar is becoming increasingly popular at Google, having now invested more than $850 million in the renewable energy sector. The latest US$75 million investment is in Clean Power Finance's ??hite label' financing solution for the US residential market for solar PV installations.
PV-Tech
Applied Materials announced that Toshiba has purchased its SmartSched predictive scheduling software to improve the capacity and efficiency of its photolithography operations. Installation of the first phase of this breakthrough software solution began in August at Toshiba's Fab 4 facility in Yokkaichi, Japan.
Company release
The company now expects net sales to decline 6% to 8% sequentially. This compares to the initial guidance of flat to down 3% sequentially.
Company release
Finacial Times
A project to install solar panels on military housing across the US, creating thousands of jobs, has been cut back sharply after SolarCity, the company behind it, failed to secure approval for a government loan guarantee before a September 30 deadline.
Finacial Times
Recent comments made by SolarWorld's Frank Asbeck claiming that the Chinese solar companies are selling their wares at dumping prices, driving others out of the market has created some ripples, with Suntech refuting the comment. And amidst the continuing growth in China, some US companies are seeing a slump, post-Solyndra meltdown.
PV Magazine
SunEdison's 53.5MW multi-site solar PV project in New Mexico looks set for completion by the end of this year, and has been buoyed by the news that it has secured financing of over US$200 million from financier Wells Fargo.
PV-Tech
Executives of the failed solar- panel maker Solyndra LLC are refusing to answer questions at a congressional hearing today, a sign that the first serious financial scandal of the Obama administration has arrived.
Bloomberg
TI will include National's contribution to financial performance in the company's third-quarter earnings announcement on October 24. TI's Analog semiconductor business now represents more than 50% of the company's revenues.
Company release
Micron Technology has introduced a new version of its RealSSD C400 series featuring self encryption for unmatched data security.
Company release
The reduction in expected revenue and profitability for the third quarter is primarily the result of reduced demand from the company's largest customer, weakness in the communications infrastructure market and softening demand from the China market.
Company release
Combining thermal protection feature that contributes to the lifetime of LEDs with flexibility in output current range from 350mA up to multiple amperes, the new drivers are cost-effective solutions for the design of highly-efficient indoor and outdoor lighting.
Company release
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