Amstrad posts strong year after set-top boom

Posted on 29th September 2000 | Modified on 29th September 2000 Resources Leave a comment

Amstrad posts strong year after set-top boomMelanie ReynoldsAmstrad has reported a strong last 12 months on the back of increasing demand for its satellite TV set-top box decoders. Pre-tax profits for the year ending 30 June 2000 were up 85 cent from last year to £15.4m although this excluded a loss of £2.3m posted by the Amserve division which handles ...

NEC invests £20m in Livingston chip plant

Posted on 29th September 2000 | Modified on 29th September 2000 Resources Leave a comment

NEC invests £20m in Livingston chip plantRichard BallNEC Semiconductors has announced a further £20m investment in its Livingston, Scotland fab, on top of the £60m of funding unveiled in the spring.The extra cash will enable NEC to re-open fab 1 which was closed early in 1999. The extra room will house production equipment that cannot fit in the main fab. ...

Fibre firm invests $50m in UK plant

Posted on 29th September 2000 | Modified on 29th September 2000 Resources Leave a comment

Fibre firm invests $50m in UK plantRichard WilsonCorning is upgrading and expanding its optical fibre manufacturing facility in North Wales with a $50m investment.The US firm, which last week bought Pirelli’s optical components and devices business for approximately $3.6bn, said that fibre production capacity at the Deeside will increase by over 50 per cent when complete in 2002. “This further ...