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SEMI sees chip gear down 28% in 2008

The market for semiconductor capital equipment will decline by nearly 28 percent in 2008 and another 21 percent in 2009, according to a year-end forecast released by the SEMI trade group.

LTX-C reports first combined results

Sales for the quarter were $47 million, with a loss of $45 million. This includes over $28 million in merger-related charges.

Renaissance hedge fund invests in LTX-C

Renaissance Technologies uses a, "complex trading algorithm" and owns 9,669,478 shares, or 7.66% of shares outstanding, of LTX-Credence.

KYEC prepares cash store for next 2-3 years

Digitimes reports KYEC test house may see losses in the fourth quarter of 2008 and its utilization rate has dropped to 50%. But the company is well prepared for the next 2-3 years with over NT$4 billion (US$11.92) in cash on hand.

MVTS and Verigy Offer V93000 Port Scale RF Solutions

Verigy announced a customer support collaboration with MVTS Technologies (Carlsbad, CA). MVTS has added a V93000 Portscale system to its Test Applications Center. MVTS Test Applications Centers provide complete services including test program development, full product characterization, and initial production ramp.

China's impact on the Semi Industry

PricewaterhouesCoopers has issued it's 5th annual report on China's Impact on the Semiconductor Industry. Key point: "China's semiconductor market growth continues to outrun the rest of the world."

Verigy (not Google) selected as "cash rich tech stock" by Goldman

Goldman Sachs released a list of 16 cash-rich tech stocks with solid fundamentals, and there were some surprises. No Microsoft, Oracle, Cisco or Google.

2009 PC outlook slashed on credit crunch

ISuppli Corp has slashed its 2009 forecast for PC unit shipments by nearly two-thirds and is predicting single-digit growth of only 4.3% in the coming year.

Qimonda On Brink Of Bankruptcy

German chip maker Qimonda, which is majority-owned by Infineon, needs a helping hand. Its memory chips are struggling in an oversupplied market, and the firm is burning cash at a rate of $250.0 million per quarter.

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