Dutch chip vendor NXP BV has completed a debt swap under which it will retire secured and unsecured debt for higher yielding, shorter-term, higher priority bonds. As a result NXP has reduced its debt by about $465 million and its annual interest burden by $30 million, the company said.

There's been a lot of bad news of late, but despite it how it may look, innovation is not dead, far from it. In fact, the cycle of innovation that's currently underway may be what pulls us out of this downturn.

Big data centers are preparing for a shift to 10 Gbit/s Ethernet and some are interested in GPU processing once standards emerge, said a panel of data center managers who are testing Intel's just announced Xeon 5500 processors.

A $150 million expansion at the College of Nanoscale Science and Engineering's Albany NanoTech Complex will create $1 billion in new investments and 600 high-tech jobs by 2013, according to a statement released by New York Assembly Speaker Sheldon Silver.

One of the pioneers of the U.S. Energy Star program has been nominated by President Barack Obama to be assistant secretary for energy efficiency and renewable energy.

A year after its official inception, Numonyx Inc. continues to move full speed ahead with its charter despite the current memory downturn and chaos in the supply chain.

Fab gear vendor KLA-Tencor will reduce its global workforce by about 10 percent as part of a series of cost-saving measures, the company said.

Intel Corp. formally rolls out server versions of its 45-nm Nehalem processors, the Xeon 5500 chips that integrate memory controllers and a high-speed interconnect, taking a page from archrival Advanced Micro Devices which pioneered the approach in x86 chips.

Altera will collaborate with National Semiconductor to develop graphics interconnect solutions to address the growing use of digital video in automotive infotainment and driver-assistance applications, the companies said.

QuickLogic said it is developing new platforms tailored for Qualcomm's latest Mobile Station Modem MSM7xxx-series and MSM8xxx-series mobile processors, including Qualcomm's Snapdragon family of mobile computing processors.

QuickLogic said it is developing new platforms tailored for Qualcomm's latest Mobile Station Modem MSM7xxx-series and MSM8xxx-series mobile processors, including Qualcomm's Snapdragon family of mobile computing processors.

Guantanamo Bay is one of the world's controversial prisons. This may be its final chapter. With unprecedented access, National Geographic has the story you haven't heard. Both sides, told from the inside, before its doors close forever. Click to learn more and go Inside Guantanamo >>
natgeotv.com/guantanamo  
Ads by Pheedo