In brief: Adaptec axes another 200 jobs
Storage company, Adaptec, is to cut 200 of its staff in a radical restructuring move. The redundancies are the latest in a series of layoffs totalling 850 so far - around...
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In brief: Tony Blair to visit doomed chip plant
British prime minister, Tony Blair will visit the Fujitsu plant in County Durham following the announcement last week that 570 jobs are to be axed. The Newton Aycliffe fa...
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UK suffers as Fujitsu closes chip plant
The UK was dealt another blow today as two chip firms announced major job losses. Fujitsu confirmed it will close its production facilities in Newton Aycliffe, County Dur...
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In brief: Mitsubishi forced to close chip plant
Mitsubishi Electric Corp has become the second US chipmaker in a week to close a fabrication plant. The factory in Durham, North Carolina made 16MB and 32MB memory chips ...
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C&WC IT operation outsourced to IBM
Cable & Wireless Communications (C&WC) and IBM have ended weeks of speculation and confirmed a £1.8bn ($3bn), ten year outsourcing deal.
Big Blue's Global Services...
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IBM and C&WC sign £1.8bn outsourcing deal
IBM has landed a £1.8bn outsourcing contract from UK-based Cable & Wireless Communications (C&WC).
The companies claim the ten year deal is one of the largest in t...
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Siemens sues over DRAM patents
Siemens and its troubled chip-making subsidiary Siemens Microelectronics is suing fellow DRAM (Dynamic Random Access Memory) producer LG Semicon for allegedly violating s...
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In brief: 3M tightens purse strings
3M, the US manufacturing giant, is to undergo a $500m cost cutting exercise, which will see it close plants, trim product lines, and cut 4,500 jobs by end of 1999.
Cha...
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Viasystems cuts 1,000 Scottish jobs
The Scottish border region could lose up to 1,000 jobs as circuit board manufacturer, Viasystems, drastically scales down its production facilities.
The US company sai...
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Applied Materials axes 2,000 jobs
Applied Materials, a manufacturer of equipment for the semiconductor industry, has announced it will axe 2,000 staff as the global chip crisis continues unabated.
In a...
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