Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Spansion Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (4179)	10/1/2008 11:36:39 AM
From: Joe NYC	Respond to of 4590

eSilicon Plays Key Role in Development of Spansion(R) EcoRAM(TM) for a New Class of Server Memory Solutions Working With Spansion and Virident, Value Chain Producer Helps Solve Energy Consumption Crisis in Enterprise Data Centers Last update: 11:00 a.m. EDT Sept. 30, 2008 SUNNYVALE, CA, Sep 30, 2008 (MARKET WIRE via COMTEX) -- eSilicon Corporation, a pioneering semiconductor value chain producer (VCP), today announced it played a key role in the development of Spansion(R) EcoRAM(TM), previously announced on June 24, 2008. This breakthrough technology is designed to solve the growing energy consumption crisis in data centers by replacing power-hungry DRAM in servers. With Spansion EcoRAM, powered by the Virident GreenGateway(TM), Spansion has created a way to re-architect the memory subsystem so it is still compatible with existing server designs. Spansion EcoRAM can help slash energy consumption by up to 75 percent in data center servers, and offer up to four times the memory capacity of traditional DRAM-only servers for the same energy consumption. "We're very proud to play a key role in helping Spansion introduce this important technology," stated Jack Harding, chairman, president and CEO of eSilicon. "It's been very exciting for us to work with these two companies, as they slash costs and energy consumption in data centers." This engagement is an example of eSilicon's integrated right-first-time approach to providing its customers application specific integrated circuits (ASICs) in a timely, lower risk and cost efficient manner. The company was involved in the package design, test development and qualification of the device and will provide fully packaged and tested production silicon to Spansion. "Spansion EcoRAM is making a significant impact on the industry, directly addressing the challenge of providing an energy efficient solution while also supporting the increasing demand for instant access to Internet and other data," said Jan Silverman, vice president, Mass Storage Division at Spansion. "eSilicon plays an important role in helping us deliver this new class of product, and will continue to be a part of our effort to offer new server memory solutions to the market that dramatically reduce data center total-cost-of-ownership and energy." Spansion, Inc. is a leading Flash memory solutions provider, and Virident Systems, Inc. is the creator of the first green data-centric technology platform delivering a new class of green memory, servers and applications for the data center. marketwatch.com

To: Joe NYC who wrote (4179)	10/2/2008 2:05:17 AM
From: Rink	Read Replies (1) \| Respond to of 4590

re: But Spansion can play it both ways (including own MCM with ORNAND as NAND from SMIC), even though the press releases didn't advertise flash from SMIC to go to these applications... Yep, so far ORNAND wasn't up to the task. With ORNAND2 it's probable. Design wins for new technology aren't always that fast though... Other news shows Spansion may need to raise cash: Spansion, the memory-chipmaker that hasn't reported a profit since it was spun off from Advanced Micro Devices Inc. in 2005, may need to raise capital to stay in business, according to Cowen & Co. LLC analyst Daniel Berenbaum. Spansion's interest-coverage ratio, or earnings divided by interest expense, was negative 2.44 at the end of the second quarter. The lower the ratio, the less the company may have available to make interest payments. Spansion had $240 million cash at the end of the second quarter, down 28 percent from three months earlier. It has $2.4 billion in liabilities, according to Bloomberg data. Spokeswoman Holly Burkhart declined to comment. bloomberg.com Rumors especially based on a bit of truth do hurt nowadays. Anyway, AMD dropped as much as Spansion yesterday, while Micron that posted discouraging results declined much less. Here's a quote that explains the AMD drop: Excluding the charges, Micron would have lost 27 cents a share -- 3 cents worse than the average analyst expectation. Micron had sales of $1.45 billion in the quarter, compared to $1.44 billion at this time last year, and short of the $1.54 billion expected by Wall Street, according to Thomson Reuters. While Micron's chip revenue has been under pressure because of the falling prices for memory chips, the company noted that DRAM bit growth -- the amount of bits of memory shipped -- actually declined 5% in the recently ended quarter. That's a particularly unwelcome trend, since it suggests that demand is declining even as prices come down. Many PC makers have already taken advantage of rock-bottom memory prices and stocked up in recent months, says a report by DRAM exchange, a Taiwanese market research firm. And with expectations for near-term PC demand worsening, PC makers see little pressing need to order more memory. Micron executives said that demand "dropped off" in the last month. As it seeks to persevere through the current downturn, Micron said Wednesday that it would cut senior executive salaries by 20%, and trimmed its planned capital expenditures for the new fiscal year. Instead of spending $1.5 billion to $2 billion boosting its production capacity, Micron said it will spend between $1 billion and $1.3 billion. The move follows similar cap-ex reductions by other memory makers in recent weeks. thestreet.com Regards, Rink