Word: semiconductor
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...behind the U.S. Taiwanese original-equipment manufacturers are increasingly moving to the mainland, where labor is cheaper, and where powerhouses such as Dell and IBM are expanding their market presence. In November Taiwan lifted its $50 million cap on individual mainland investments, launching Taiwanese-invested companies such as Grace Semiconductor Manufacturing to build billion-dollar chip factories there...
...smaller again in December, pushing the group's index to 48.2 from 44.5 in November. Which is almost 50, which is almost an expansion again. And the "new orders" component for the month, the most forward-looking part of the report, actually rose above that crucial halfway point. And semiconductors, the commodity to watch for tech's 2002 fortunes, also got a good grade Wednesday when the Semiconductor Industry Association said that chip sales rose 1.6 percent in November to $10.6 billion...
...MORRIS CHANG Born in mainland China and edu-cated in the U.S., Chang, 70, is credited with creating Taiwan's semiconductor industry. The firm he founded in 1987, TAIWAN SEMICONDUCTOR MANUFACTURING, has become a global leader, building microchips for everything from PCs to cell phones while leaving the design to others. This approach has freed small chip designers from having to build their own factories, resulting in more competition and innovation. Despite the global tech slump, Chang just announced a $20 billion expansion...
...microchip industry worldwide is mired in a slump, with prices falling and many factories closing. But Chang, chairman of Taiwan Semiconductor Manufacturing Co., posted third-quarter earnings that were better than expected. He believes the rebound has begun, and he announced a $20 billion expansion. Chang, 70, an avid contract-bridge player educated at Stanford and MIT, founded TSMC in 1987 and has made it the industry leader...
TWISTED The Origami, a "concept" (read unfinished) device from National Semiconductor, combines a removable digital video and still camera, MP3 player, videoconferencing terminal, cell phone, mini-keyboard, Windows PC and wireless Internet browser in a single plastic case the size of a paperback novel. It changes function by twisting into seemingly endless positions and should be available late next fall...