Sun and Unisys will not join chip venture

Article Abstract:

Sun Microsystems Inc and Unisys Corp will not participate in the US Memories consortium, aimed to assure a domestic supply of dynamic random access memory (DRAM) chips. The companies' decisions will make it more difficult for US Memories to raise $500 million, which it needs by the end of 1989. Sun has made an agreement with a chip supplier that will ensure it an adequate supply. Besides the seven original members of US Memories, no new computer manufacturers have joined. The best hopes for future members include AT and T, NCR and Tandem Computers. US Memories hopes to convince smaller companies to band together and share membership. US Memories might seek European investments and it might allow large companies to buy a stake larger than 10 percent.

Sun Microsystems Inc., SUNW, Unisys Corp., UIS, Consortia, Consortium, US Memories Inc.

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Big chip maker is taking $149 million charge for cuts

Article Abstract:

National Semiconductor Corp will take a $149 million charge against 1st qtr 1991 profits to pay for employee reductions and plant closings. The quarter ended Aug 25, 1991. A spokesman says the company is currently using only 65 percent of its plant capacity. National Semiconductor hopes to avoid massive layoffs, restructuring the company gradually so that fewer workers are needed. National Semiconductor has not responded quickly to the change in the profitability center in the semiconductor industry. Profits are now made in low-volume, high-priced chips rather than in National Semiconductor Corp's traditional area of strength, which was high-volume, low cost chips.

Profits, National Semiconductor Corp., NSM, Organization Structure, Reorganization, Profit, Losses

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3 companies said to invest in venture

Article Abstract:

Sony Corp, Motorola Inc and Apple Computer Inc join together to invest in General Magic Inc, a start-up company that was formed in 1990 by three former Apple employees. General Magic is developing a pocket-sized intelligent communicator that will combine information storage and retrieval with communications capabilities. The devices, which will transmit and receive via radio waves, will manage either faxes or computer data. A spokeswoman for General Magic declined to confirm news of an investment, but industry executives say it is an open secret in the industry.

Prepackaged software, Computers, peripherals & software, Handheld computers, Product development, Equipment and supplies, Wireless LANs, AAPL, Sony Corp., Motorola Inc., MOT, Telecommunications, Hand-held terminals, Personal communications services, Apple Inc., New Company, Communications Technology, Wireless Network, Start-Up Financing, NetPhonic Communications Inc.

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