Word: semiconductor
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Dates: during 1970-1979
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...referred to as Silicon Valley, the place the miracle-chip industry calls home. Packed into a 10-mile by 25-mile wedge along the southwestern shore of San Francisco Bay are hundreds of the nation's high-technology firms, many of them involved in manufacturing silicon chips, related semiconductor devices and microcomputer-controlled products. At rush hour, cars inch along Highway 101, the valley's main drag, and peel off into the parking lots of well-manicured, one-and two-story buildings with names like Siliconix Inc., Synertek, Advanced Micro Devices, Signetica, and Intel Corp. Enveloped in their...
...year later, eight of Shockley's ablest collaborators quit, and with backing from Fairchild Camera and Instrument Corp. founded Fairchild Semiconductor. The new firm prospered and eventually began to spawn its own host of upstart competitors as its technicians, one after another, decided to go into business for themselves...
...rise in confidence is evidenced by the broadness of the market's recent advance. Investors are showing increasing interest in a wide range of stocks of smaller companies in residential building, home-furnishings and semiconductor equipment. Until fairly recently, such secondary stocks were largely overlooked despite their attractively low price-earnings ratios and relatively high dividend yields. One result of this buying surge: price gains in the general market have outdistanced the Dow's blue-chip index. So far this year, the Dow has advanced 15%. The index of all stocks traded on the New York Stock Exchange...
...president, Raymond J. Noorda, proved unable to market successfully computers that contained a highly sophisticated "silicon on sapphire" (SOS) semiconductor chip. The chip, designed by G.A., dramatically reduced the size of the machines, but Rockwell International, which produced five prototype computers for G. A., could not make them standard for regular production. Sales slumped, and by the end of calendar 1974 the company was running at a loss. Noorda persuaded Goshorn to resume active direction of G.A. at year's end, when Goshorn's wife finally left him. This time Goshorn brought back his old partner, Burt Yale...
...Thailand, American companies have more than $120 million invested, largely in rubber tires, textiles and electronics. Preparing to journey for a firsthand look at the Asian situation, National Semiconductor Corp. President Charles Sporck last week termed his company's Thai assembly plant "a source of concern." He added that despite Thai government assurances that the plant is secure, "to tell you the honest truth, I'm not so sure." In the first quarter of 1975, applications to invest in Thailand from U.S. and other firms fell more than 50% below a year ago. Says Mitsuo Unabara, a Japanese...