IBM to introduce in February a series of more powerful AS/400 computers
Article Abstract:
IBM plans to introduce a new line of AS/400 minicomputers that are more powerful than their predecessors, and reflect the company's desire to bring new products to market sooner. The new IBM AS/400 minicomputers are 25 percent to 30 percent more powerful than previous machines and are being introduced only ten months after the last line was announced. The AS/400 is the company's best selling item but market growth dropped to seven percent in 1991 after years of double digit growth. IBM will also announce a high-end machine that incorporates three central processors that make the machines 75 percent faster than the currently available two-processor machines. A four-processor machine is under development. The new machines will also usher in the next generation of memory chips, the 16M-bit chip. Prices have not yet been set for the computers.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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IBM joins with Siemens AG to develop advanced chips, hoping to share risk
Article Abstract:
IBM announces an agreement with Siemens AG to research the development of 64M-bit DRAM chips. The announcement is the latest in a series of uncharacteristic moves by the usually proprietary IBM to form joint development projects in the semiconductor and software markets. The two companies will be sharing their expertise, as well as the cost, in developing the technology to make chips that are two generations beyond the latest 4M-bit chips. IBM states the latest move is motivated by the company's desire to share development costs that can reach the hundreds of millions of dollars for technologies that may never work out. Analysts say the move is in keeping with IBM's recent push to prevent Japanese companies from creating a monopoly of semiconductor technology.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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IBM expected to unveil faster models of workstations, announce price cuts
Article Abstract:
IBM plans to cut prices on some of its computers and introduce new workstations. The new workstations are expected to be faster and will position the number one computer maker more firmly in the workstation market. IBM acknowledges that it will still be vulnerable to HP's powerful line of workstations that is expected to be unveiled at the end of Mar 1991. Industry analysts are more optimistic than IBM about the company's 1991 workstation revenue with some estimates going over $3 billion; IBM estimates that revenues to will be between $1.7 billion and $2 billion. IBM is expected to cut the price on its X station terminal by 25 percent. The company's stock prices fell $2.125 a share and closed at $129.125 on Mar 11, 1991.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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