News
SAN JOSE -- The 90-day moving average orders of North American-based manufacturers of semiconductor equipment was $1.07 billion in June, good for a book-to-bill ratio of 0.93.
Bookings were up 5.5% over revised May levels and 33% below June 2004, said SEMI, which tracks the data.
SAN JOSE -- Hewlett-Packard will cut 14,500 jobs over the next six quarters as the computer and peripherals maker reduces its full-time staff by 10%.
The company will take a pretax restructuring charge of about $1.1 billion over the next six quarters, beginning in the fourth quarter of fiscal 2005.
ALBANY, NY - IBM, Advanced Micro Devices, Infineon Technologies and Micron Technology will team with the state of New York on a five-year, $600 million project to create next-generation semiconductors.
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