Agere to sell Euro fab and cut 4,000 jobs Richard WilsonAgere Systems is cutting 4,000 jobs worldwide and will sell its only European semiconductor fab in Madrid.The job cuts come on top of the 2,000 already announced by the semiconductor maker earlier this year.“We built our business to serve a growing market, which is instead deteriorating,” said John Dickson, president ...

Cookson hit by bad second quarter Richard WilsonMaterials and equipment group Cookson has warned that its electronics division continues to be hit by the downturn in the electronics industry which has ”deepened during the second quarter,” said the firm.The electronics division will see 20% lower sales this quarter, said the firm.The manufacturer said that the sharp fall in demand already ...

Chris Druce

News from E-InSite

News from E-InSite

News from E-InSite

Agilent gives logic analyser get face-liftRichard WilsonAgilent Technologies has improved the user interface of its Windows-based logic analysers.Available in standalone and PC-hosted models, the 1680 and 1690 series logic analysers feature a new design of Windows-based user interface, which the company claims is the result of a year’s market research with engineers.The signal triggering system has been revamped and three ...

News from E-InSite

News from E-InSite

Infineon sells IR business to VishayRichard WilsonInfineon Technologies has sold its infra-red component business to US firm Vishay Intertechnology in a deal worth $120m.The $133m business, which is headquartered in California, employs 1,200 staff and has a factory in Malaysia.“This divestiture is another important step to streamline our communications portfolio,” said Dr. Ulrich Schumacher, president and CEO of Infineon. According ...