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To: Amy J who wrote (180464)3/25/2005 12:01:32 PM
From: willcousa  Respond to of 186894
 
They are in Bermuda because it is a tax haven and a great place to hold board and other meetings, especially good for cutting down the number of shareholders who attend the annual if you need to do that. It would be an especially good place to be if there is a lot of royalty or licensing income.

Tyco moved its' HQ to either Bermuda or the Bahamas under the prior regime. Will



To: Amy J who wrote (180464)3/25/2005 1:06:08 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 186894
 
funny I was just mentioning Marvell on another thread. They are going into that old 3COM bldg on 237. Thats a marquis bldg. Of course there are a lot of empty bldgs around but right now we are still in a climate where most companies I know of (esp big companies) are not moving. I think I saw Motorola or some other big company in the old Ariba complex too. Fundamentally, I'm sure you agree, that things are really,really getting better in the valley- for jobs and companies etc.

Just 2 days ago I visited a company who are a 20mm startup in a hardware area in an expansion phase. They want to setup a big mfg system. My company is bidding for the business (sortof)- well we do consulting but we are really interested in working through the issues with our product. Anyway, they asked about 2 things I was clueless on- SOX, and "Intellectual property out of the Cayman Islands or Bermuda". What the heck is that? Anybody know? I am certain there is some BS loophole in the corp tax code that lets companies like Marvell develop stuff here and sell through Bermuda with no tax? I don't know. So far there are not too many companies set up this way. I wouldn't feel too comfortable investing in a Bermuda company though.



To: Amy J who wrote (180464)3/26/2005 8:47:05 PM
From: Lizzie Tudor  Read Replies (4) | Respond to of 186894
 
I'm starting to think this google desktop search which I use extensively and cannot get along without at this point, is going to be a killer app to drive PC sales. Have you installed it? try it.

It keeps copies of every webpage you access, all these SI pages are in there, every ebay page, everything. Then I have it in my personal cache to pull up. The issue is the processor is caching everything as I access the pages so a few times, my laptop fan started up when I was working on the web which never happened before- this app chronicles everything I do and its costing cpu cycles.



To: Amy J who wrote (180464)3/28/2005 9:08:23 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 186894
 
China microprocessor developer scrambles for funds

Mike Clendenin
EE Times
(03/28/2005 8:24 AM EST)

TAIPEI, Taiwan — One of China's earliest microprocessor developers, BLX IC Design Corp., Ltd., is struggling to find cash to keep its product development on track after one of its main investors declined to deliver on more funding.
The company is looking for more backers and considering the option of selling the company or just its intellectual property, according to sources familiar with the company's operations. Its longtime CEO, David Shen, has also left the company.

BLX made a splash when it first arrived on the China scene, saying it was developing a microprocessor that would rival Intel Corp. The company was born of a government-sponsored project that sought to make China less dependent on foreign suppliers for key technology components.

In 2002, after more than three years of work, the Chinese startup launched the country's first commercial 32-bit microprocessor, a 266-MHz standard cell implementation of a proprietary architecture based on the MIPS instruction set. A year later, the company bumped the clock speed to 500 MHz and was deep into development of a 64-bit version.

When Chinese researchers were first designing the chip, called Godson-1, they had servers in mind and sought to cooperate with Boris Babaian, the renown Russian computer scientist who led development of the E2K architecture. The E2K supposedly had three to five times the performance of Intel's Merced, while using less power and requiring a cheaper manufacturing process. But after talks with the Russians broke down over licensing fees, the Chinese group scaled back its plans and settled on the embedded market, which wasn't as flashy but had much higher volumes. For instance, there are more than 200,000 intermediary schools in China the government would like to equip with a low-cost PC infrastructure, and broadband use is rapidly growing.

The company was never able to get the foothold it needed, however, despite claiming to have rallied local industry support around its architecture that extended to 60 companies, including Haier, a major manufacturer of appliances and consumer electronics in China.