HELSINKI – A deal to purchase Elcoteq’s subsidiary in Russia fell through after Flextronics failed to obtain approval from Russian competition authorities.
SCOTTSDALE, AZ – The tepid semiconductor market isn’t slowing spending on chip research and development. First quarter semiconductor R&D grew 12% to $11.1 billion compared to the same period last year, says IC Insights.
WASHINGTON -- May orders to factories for manufactured
durables were flat, ending a two-month slump, on demand for aircraft and
computers, the Commerce
Department said today.
Orders for durable goods -- items that are designed to last three or more years -- showed no change in May, after falling 1% in April and 0.2% in March.