Sharp developed LED lighting modules for business use in factories, commercial spaces and offices, etc.

..The company had lowered estimates for earnings because customers were delaying some orders and it had some production disruptions in the Philippines that cut about $10 million to $15 million from its earnings. In looking forward, Amkor said there could be continued weakness in demand because of problems in global consumer markets. It called for third-quarter sales to be up between 4 percent and 6 percent from the second quarter and a net income producing between 24 cents and 28 cents per share.

Still, for all of Jha's experience, he faces one huge challenge: Motorola's corporate culture. For the cell-phone unit to recover, Jha will have to fully cleanse Motorola of its sluggish, bureaucratic ways and teach a company that has long let engineers drive product development to think more like marketers, in tune with consumer tastes. It's a challenge that has proved insurmountable for several top Motorola executives.

AT&T CTO John Donovan said ...the telco is interested in using WiMAX to extend broadband coverage in rural markets where it would be more expensive to deploy wireline broadband. AT&T has run WiMAX pilots in the past, and always has maintained an interest in the technology. Also, AT&T gained several 2.3Ghz licenses in Southern US markets through its acquisition of BellSouth. BellSouth had aggressively commercialized on broadband wireless in those markets and had been an active supporter of WiMAX Forum certification for the 2.3Ghz frequency.

India's Tata Communications, formerly known as VSNL is planning to expand its WiMAX coverage from the current 60 towns to 115 during this financial year and is considering taking its broadband WiMAX services to four or five cities. "The government has announced that it will auction spectrum. Once the spectrum is allotted, we plan to take the broadband-WiMAX services to four-five cities," Tata Communications CEO, N Srinath said over the weekend.

Comments continued to be filed with the Federal Communications Commission over whether some top cable operators and Google should be able to team up with Sprint Nextel and Clearwire to provide a new WiMax-delivered broadband service. Free-market think tank The Free State Foundation weighed in Monday, saying that it will boost competition and adding that it should "eliminate" – or at least reduce –the calls for imposing network neutrality on broadband providers.

Tokyo Electron Ltd. is now expected to generate a group operating profit of about 70 billion yen (US$652.05 million) for the year ending in March, down 58 per cent on the year and short of an earlier forecast for 84 billion yen. Chipmakers are scaling back capital spending, reducing orders for Tokyo Electron's equipment more steeply than expected.

IC Insights' recent research uncovered a big shakeup in the 1H08 top 20 semiconductor supplier ranking. There are eight US companies in the top 20 (including three fabless semiconductor suppliers), six Japanese, three European, two South Korean, and one Taiwanese company (IC foundry supplier TSMC) in the ranking. As shown, it required at least US$2.1 billion in 1H08 sales to make the top 20 ranking. Although the top four ranked companies remained the same, there were a number of "movers and shakers" up and down the remainder of the ranking.

Continuing on its acquisition spree, KLA-Tencor has entered into an agreement to acquire the inspection business unit of Vistec Semiconductor Systems. Meanwhile, the acquisition expands KLA-Tencor's product portfolio. Vistec's advanced mask metrology tools for registration metrology are among the leading products in this area. Other Vistec products include macro defect-inspection systems, overlay-measurement systems for MEMS applications, and software packages for defect classification and data analysis.

Quarterly sales grew to US$69.74 million from US$57.55 million in the comparable period a year ago. The company expects third-quarter revenue in the range of US$73 million to US$77 million. The company posted loss from continuing operations of US$812 thousand or US$0.01 per share, compared to loss from continuing operations of US$482 thousand or US$0.01 per share in the prior-year quarter.

After the cell phone giant reported a profit and better-than-expected cell phone shipments in the second quarter, its stock climbed 12.5% to close at $8.64. Speculation that Motorola would keep the cell phone business and spin off other units started earlier this week, when Motorola announced it will reorganize its home and networks mobility unit into three divisions.

Lynk Labs, a leading developer of AC LED technology, is expanding its product offering and entering the LED device market with AC LED devices under the brand name Tesla AC LEDs.