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22 Apr 2008
Venture capital firm VentureTech Alliance, mostly owned by Taiwan Semiconductor Manufacturing Co. (TSMC), recently put around US$40 million into LED epitaxy-wafer maker BridgeLux of the United States for a seat at the company`s director board.
CENS
Following this reclassification, and in contemplation of its planned disposal and resulting deconsolidation, the investment in Qimonda was reduced to its current fair value. The difference between the carrying value and the current fair value resulted in a write-down of Euro 1 billion, which will be recorded in “Income (Loss) from Discontinued Operations” in the second quarter of the current fiscal year.
Company release
Company release
CEO Hector Ruiz said the company will focus on its core x86 processor and graphics business while other parts of the business will come under “scrutiny.”
eWeek
Allegations of governance abuses help shed light on how the founding family maintains its grip on the conglomerate.
Business Week
Silicon foundry giant Taiwan Semiconductor Manufacturing Company(TSMC) has been hit by another legal setback in its case against UniRAM Technology.
EE Times
Company release
"Hanwha said it is urgent for the company to secure the next growth engine. Hynix is attractive because the export-driven business structure will generate significant synergy for the company...Hynix remained cautious about Hanwha's takeover move, saying it didn't receive any official request such as the current financial status from Hanwha..."
The Korea Times
Electronics Supply & Manufacturing
The Wall Street Journal
ChannelWebnetwork
The Chosun Ilbo
AP (via Business Week)
AP (via Google)
AP (via Google)
The company said it would downsize its work aimed at DRAM trench capacitors, including an end to the development of large batch thermal systems for that market. It will continue to upgrade systems in the field and supply additional units to customers.
Semiconductor International
The law says electricity produced from renewable sources must be purchased by utilities according to a generous "feed-in tariff" that sets higher-than-market rates and fixes them for 20 years. Roof-mounted photovoltaic systems installed in 2007, for example, can sell power at ?0.49 per kilowatt-hour, or about seven times today's wholesale price, until 2027. The fixed rate allows investors to calculate returns and removes uncertainty over financing.
Economist
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