Sony back on track

Sony’s turnaround under Kaz Hirai looks on track to return to the glories of its golden age. Sony made $1.43 billion profit in Q2 – its highest ever Q1 profit beating the previous Q1 record profit of $1.09 billion set in Q1 2007. The recovery of the image sensor business from last year’s earthquake saw ...

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Flash killing HDD

Flash is killing the HDD industry, reports Trendforce. Flash dollars are growing at 55% a year while HDD  dollars are shrinking at 5% a year. Q2 NAND flash capacity shipped was about 35 exabytes for $13.2 billion. Q2 HDD capacity shipped was 159.5 exabytes for $5.7 billion. While shipped HDD capacity is still rising, the ...

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Invecas of Hyderabad buys Lattice’s HDMI business

Invecas, the three year-old Hyderabad fabless start-up, has bought the HDMI operation of Lattice Semiconductor and its Simplay Labs subsidiary which looks after standards compliance and interoperability testing. Invecas was founded by the former managing director of AMD India, Dasaradha R Gude. “This transaction will be a tremendous addition to our technical capabilities,” says Gude, ...

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Shanghai raises $7.4bn IC promotion fund

Shanghai, has raised a $7.4 billion fund to back the IC industry, reports Digitimes. The intention is to help fabless companies make acquisitions and assist the equipment and materials industries. Last year the Shanghai fund, called the Shanghai Integrated Circuit Industry Fund (SICIF) raised $3.5 billion with 10% of that coming from the China government’s ...

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