Samsung has revealed plans to invest nine trillion won in the memory-chip business, compared with an earlier budget of 5.5 trillion won. Spending on LCDs will rise to five trillion won from three trillion won, it said.

Sony has reported a loss of 40.8 billion yen (US$437m) for the year to the end of March, less than half the loss it made the previous year.

Veeco Instruments, which makes equipment used to produce LEDs, solar cells and data storage, expects second-quarter earnings of US$0.78-0.90 a share, before items, on revenues of US$220-240 million.

Car maker Chery Automobile Co is keen to buy into the solar energy business of Taiwanese LCD panel maker AU Optronics,

Xilinx has announced that NEC Display Solutions has adopted the Xilinx Virtex-5 FPGA family for three models of its DLP Cinema projectors.