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SAN JOSE -- Flextronics will acquire International DisplayWorks, a designer and manufacturer of LCDs and other components for handheld and industrial products, in an all-stock deal valued at $300 million.

The transaction is subject to customary closing conditions, including IDW stockholder approval and certain regulatory approvals, and is expected to close in the fourth quarter.

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SAN JOSE – July sales of semiconductors were up up 11.5% worldwide to $20.1 billion, the Semiconductor Industry Association reported today. July’s sales were up 1.8% over June, and continued the record pace.

“The worldwide semiconductor industry is on track to surpass $240 billion in sales this year, which represents a new record,” said SIA president George Scalise. “Growth continues to be strong across a broad range of end markets and geographic regions as well, particularly Asia Pacific which is up over 13% year-on-year, and the U.S., where sales increased almost 18% over last year."


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EL SEGUNDO, CA — Intel Corp. experienced a dramatic decline in semiconductor revenue in the second quarter and posted its lowest quarterly market share in more than four years, according to a new ranking from iSuppli Corp.

Following an increase in its revenue and market share in 2005, the world’s largest chipmaker in the second quarter saw its semiconductor revenue fall 12.8% sequentially and its share of the global chip market shrink to 11.4%, down from 13.2% in the first quarter.

That is the lowest share for Intel since iSuppli began tracking quarterly semiconductor market shares in the first quarter 2002.

“Following such an impressive 2005, this represents a major reversal of fortune for Intel,” said Dale Ford, vice president of market intelligence services at iSuppli. “However, Intel’s recent actions show it understands the need to improve its efficiency and sharpen its focus on its core business of microprocessors and integrated circuits for computing systems.”

Top-10 Semiconductor Suppliers, Q2 2006 (in US$ millions)
                Q2 2006 Revenue    %Change   
1. Intel                7,095                    -12.4%
2. Samsung      4,481                1.5%
3. TI                     3,175                    5.2%
4 . STM                2,495                    5.6%
5. Toshiba        2,328                    0.5%
6 . Renesas       2,081                     6.0%
7 . Hynix             1,694                    17.1%
8 . Philips             1,534                    4.4%
9 . Freescale        1,527                4.2%
10. NEC             1,380                     -0.4%
Others             34,462                     2.9%

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