Four longtime Yahoo board members, including the chairman, are leaving the company.
Micron Technology has announced the death of Chairman and CEO Steve Appleton in a small plane accident in Boise. Mr. President and COO Mark Durcan will assume the responsibilities of CEO until a successor is appointed.
Nanya Chairman Chia Chau Wu told Reuters on Monday that he did not know of any deal between the other two companies and the company had no current intention to take part in any deal. He declined to comment on whether Nanya would welcome any such tie-up.
The Semiconductor Industry Association (SIA) board of directors has elected Freescale Semiconductor CEO Rich Beyer as its 2012 chairman.
The Japanese semiconductor industry, which has been in decline for more than 20 years, needs to select key technology areas and refocus to rise again, Junshi Yamaguchi, former chairman of Renesas Electronics, told the International Electronics Forum being organized here.
Apple's major touchscreen supplier TPK Holding said Thursday Steven P. Jobs, chairman and co-founder of Apple, is a legend in the global consumer electronics industry. "Mr. Jobs revolutionized the human/machine interface. We really appreciate his contributions to the industry," said Chief Financial Officer Freddie Liu.
Dow Jones (via The Wall Street Journal)
Nokia and Siemens have announced the appointment of Jesper Ovesen as Executive Chairman of the Board of Nokia Siemens Networks, effective today. The pair also announced that they are each providing capital of EUR500 million to Nokia Siemens Networks.
While global semiconductor revenue is projected to expand by 7.2% in 2011, Walden Rhines, chairman and CEO of EDA vendor Mentor Graphics, sounds a note of caution about maintaining this growth in 2012.
David Wang has resigned as CEO of Semiconductor Manufacturing International Corp. (SMIC), according to the China-based foundry, which named Wenyi Zhang chairman of the board of directors and acting CEO.
Semiconductor Manufacturing International Corp. (SMIC) has announced that its chairman died. But shareholders rejected CEO David Wang's reappointment as a board director, and the company requested its shares be suspended from trading in Hong Kong pending the release of "price- sensitive" information.
Kim Jong-kap, the former head of Hynix Semiconductor, has been named as new CEO and chairman of Siemens' Korean affiliate.
The Korea Times
Nokia board chairman Jorma Ollila said Tuesday that he would leave his post by the year 2012 as expected, but that he would not "throw in the towel" at the world's leading mobile phone maker before then.
AFP (via Google)
Robert Tsao, honorary chairman of United Microelectronics Corp. (UMC), said recently in a TV interview that he has given up his Taiwan citizenship. Disappointment in the domestic judicial system is the major reason why Tsao decided to become a Singaporean.
The China Post
Chinese silicon wafer producer Jiangsu Huantai, a joint venture partner of MEMC Electronic Materials, aims to go public in 2012, according to company chairman Wang Lubao. Huantai expects to begin manufacturing LED materials later in 2011.
"Applied's solid first quarter was driven by continued strength in semiconductor systems and record profitability in solar," said Mike Splinter, company chairman and CEO. "We see momentum building in our end markets and expect our company's fiscal year revenue to be more than US$11 billion, exceeding our previous record by over a billion dollars."
Today FTC Chairman John Leibowitz wrote a letter to Rep. Ed Markey saying he would review the way Apple is marketing in-app purchases, in particular apps aimed at children.
The fed chairman is firing back, saying emerging market countries are causing problems for the world by preventing the strengthening of their currencies.
Wall Street Journal
"Although discussions are ongoing with Sony and Renesas Electronics to secure their continued access to our semiconductor packaging technology through a licensing relationship with us, these discussions have not sufficiently advanced, thus necessitating this lawsuit," said Henry Nothhaft, chairman and CEO of Tessera.
Samsung Electronics Chairman Lee Kun-hee has signaled that the company's component businesses have reached a peak, suggesting that profit may fall in 2011 from this year's record level.
Wall Street Journal
Sir John Bond left his job as chairman of HSBC in 2006 to join Vodafone, where he won praise for steadying a squabbling boardroom. Since then, however, the running has not been smooth at Vodafone, particularly regarding the company's track record on acquisitions.
Daily Telegraph (UK)
In 2005, chairman Lee Kun-hee's youngest daughter also committed suicide in her apartment in New York, where she was studying arts management as a graduate student at New York University.
Eli Harari, founder, chairman and CEO of SanDisk, will retire from his current positions on December 31, 2010. Sanjay Mehrotra, currently SanDisk's president and COO, will succeed Harari.
The Federation of Korean Industries (FKI), South Korea's most powerful business lobby, has asked Samsung Electronics Chairman Lee Kun-hee to head the group. Lee was once convicted of tax evasion.
ASIF chairman Javier Anta said the government proposed limiting the hours of output for which a solar plant could receive subsidies, instead of cutting the subsidies for plants themselves.
Many South Koreans joke they inhabit "the Republic of Samsung." But a one-time insider at the powerful Korean conglomerate has launched a scathing attack on his former employer, saying Korean politicians and media turn a blind-eye to the company's misdeeds.
"Applied's stronger second quarter results were led by revenues and profitability gains in our silicon and FPD businesses," said Mike Splinter, chairman and CEO of Applied Materials. "Global demand for computing and consumer electronics is giving our customers the confidence to make significant capacity additions, fueling what we believe will be a multiyear growth cycle..."
"If the NDRC tells me I have to move to China or I'll close the China market to you, then I'll consider that," said TSMC chairman and CEO Morris Chang. NDRC refers to the National Development and Reform Commission, China's powerful economic planning agency.
Wall Street Journal
The former boss of Samsung Electronics, who was convicted of tax evasion and later given a presidential pardon, has returned to head the company. Analysts see Lee's return as good news for the electronics giant.
China-based Vimicro International, which has posted two consecutive annual losses, may break even in 2010 as economic recovery bolsters its domestic sales, according to company chairman John Deng.
Lee Kun-hee is to be pardoned so he can return to the International Olympics Committee and help South Korea's bid to host the 2018 Winter Olympics. The former chairman of Samsung was convicted of embezzlement and tax evasion.
In a second management revamp this year aimed at speeding up decision making, South Korea's Samsung Electronics named a new CEO and promoted Jay Y. Lee, son of former group chairman Lee Kun-hee, to the new post of chief operating officer.