Dr Morris Chang, founder of the world's number one foundry, TSMC, has appointed Dr Rick Tsai as his successor as chief executive officer. Tsai – who is currently chief operating officer – will take up his new role on July 1.
Worldwide semiconductor manufacturing equipment billings reached US$9.35 billion in the first quarter of 2005, according to trade body SEMI. This is a rise of 2.3% on the same period a year ago and 6.5% above the fourth quarter of 2004.
German deposition equipment vendor Aixtron has reported a steep fall in revenues for the first quarter of 2005. Sales were down to euro 22.2 million from euro 50 million in the fourth quarter and euro 26.6 million in the same period last year.
Electronic design automation giant Synopsys has finally completed the acquisition of its smaller rival Nassda Corporation, after a five month wait while the US Federal Trade Commission (FTC) undertook an anti-trust review of the deal.
Digital signal processing chip firm Zoran Corporation has signed a definitive agreement to acquire Oren Semiconductor, an Israel-based fabless developer of demodulator ICs for high definition televisions.
Number one chip maker Intel has exceeded analyst’s expectations for its first quarter of 2005, posting net income of US$2.2 billion on revenues of US$9.4 billion. Net income was up 25% year-on-year and 1% sequentially, while revenues grew 17% year-on-year and fell 2% sequentially.
Scientists at Philips Research have developed an innovative phase-change memory that promises to match the speed, density, low voltage and low power consumption requirements of future deep sub-micron silicon chips. Unlike existing non-volatile memory technologies such as Flash, the performance of this new memory improves in virtually every respect the smaller you make it.