SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semiconductor Industry Sales Trends
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Sphar who wrote (38)7/31/1998 2:27:00 PM
From: Michael Sphar  Read Replies (2) of 105
 
Siemens in the news again today. This time a minor capitulation. A positive sign to me, that a bottom is being established. Though this factory shutdown is piddling its indicative that pain is so great, companies in this industry sector are now with their backs against the wall and willing to take painful action. A 3000 wafer starts per week factory currently running 16 Meg, qualifying for 64 Meg.

HP in their refreshingly innovative style makes a cost based adjustment to resolve their financial situation. More companies should look at innovative ways such as this. All too often, I've seen the management kneejerk reaction of laying off the line workers even while the tottering old Board of Directors continue to be salaried for their occasional meetings. One of the semis that I follow is in this position today even while calls for this obvious morale lowering practice to be stopped have fallen on deaf ears.

Losses Force Siemens To Close U.K. DRAM Fab

Siemens AG Semiconductor Group, based in Munich, Germany, will close its U.K. dynamic RAM (DRAM) fab in North Tyneside in the wake of its $560 million chip operations loss so far this fiscal year, company officials disclosed in London Friday.

Hewlett-Packard Managers Take Pay Cuts

Hewlett-Packard is asking managers to take a 5 percent pay cut as a cost-cutting measure designed to help the company improve profitability.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News