"...The two companies have reached an agreement under which Elpida will buy a single-digit percentage stake, making it ProMOS's third biggest shareholder...Another source close to PTI, ProMOS's chip packaging partner, confirmed the two sides had reached an agreement..."

Intel has decided that extreme ultraviolet (EUV) lithography will not be production-worthy by 2011 when Intel plans to begin manufacturing 22nm microprocessors, said Mark Bohr, director of process architecture and integration at Intel's logic technology development group (Hillsboro, Ore.).

Venture capital firm VentureTech Alliance, mostly owned by Taiwan Semiconductor Manufacturing Co. (TSMC), recently put around US$40 million into LED epitaxy-wafer maker BridgeLux of the United States for a seat at the company`s director board.

Following this reclassification, and in contemplation of its planned disposal and resulting deconsolidation, the investment in Qimonda was reduced to its current fair value. The difference between the carrying value and the current fair value resulted in a write-down of Euro 1 billion, which will be recorded in “Income (Loss) from Discontinued Operations” in the second quarter of the current fiscal year.

CEO Hector Ruiz said the company will focus on its core x86 processor and graphics business while other parts of the business will come under “scrutiny.”

Allegations of governance abuses help shed light on how the founding family maintains its grip on the conglomerate.

Silicon foundry giant Taiwan Semiconductor Manufacturing Company(TSMC) has been hit by another legal setback in its case against UniRAM Technology.

"Hanwha said it is urgent for the company to secure the next growth engine. Hynix is attractive because the export-driven business structure will generate significant synergy for the company...Hynix remained cautious about Hanwha's takeover move, saying it didn't receive any official request such as the current financial status from Hanwha..."