Intel, STMicro to receive less from venture

Article Abstract:

US-based Intel Corp. and Switzerland's STMicroelectronics N.V. will be receiving less money from their memory-chip joint venture, Numonyx, due to the current credit market turmoil. While STMicro was anticipating $468 mil and a 49% stake in the deal, it now expects to receive $364 mil. Intel was expecting $432 mil with a 45% stake, but now anticipates receiving less as well.

Joint ventures, Economic aspects, Switzerland, International aspects, Influence, Company joint venture, STMicroelectronics N.V., Subprime loans

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AMD's German chip output to grow with $2.5 billion plan

Article Abstract:

Advanced Micro Devices Inc. of the United States is investing $2.5 billion in semiconductor manufacturing operations in Dresden, Germany. Focus on enhancing manufacturing processes is to pay off in increased market share, with Advanced Micro Devices Inc. becoming more competitive with Intel Corp. of the United States.

Production management, Market share, Advanced Micro Devices Inc., AMD, Company market share, Company overview

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Intel net slips but still exceeds firm's outlook

Article Abstract:

Intel Corp. posted a drop of 2% in its net income for the 2003 first quarter. The chip maker posted $915 million (846.2 million euros) in quarterly net income. The results were still higher than what Intel had expected.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit

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