The Associated Press reported that Altera CEO John Daane pulled down a compensation package worth $4.1 million last year, an increase of 25 percent over 2007.

Businesses are cutting spending on IT at a faster rate than in 2001 when the Internet bubble burst, research firm Gartner said on Tuesday, as a global recession takes hold.

Freescale Semiconductor said it is sampling new communications processors based on its 45-nm process technology,

A maker of MEMS timing chips is taking aim at a new market: voltage-controlled oscillators.

It's way too early to see a real recovery in ICs.

Semilab Co. Ltd. (Budapest, Hungary) has acquired two Massachusetts-based metrology companies, Advanced Metrology Systems and QC Solutions.

Samplify Systems Inc. (Santa Clara, Calif.), a vendor of data converters, has announced what it claims is the lowest-power, highest channel-count 12-bit ADC.

National Semiconductor has expanded its line of low-power Boomer Class D audio subsystems with two devices—the LM49352 mixed-signal audio subsystem and LM49151 analog subsystem—aimed at simplifying portable product design.

Taiwan's Acer Inc., the world's third-largest PC brand, said on Tuesday its fourth-quarter net profit rose but missed forecasts as revenue fell along with consumer and corporate demand for tech goods.

Ultrasoc Technologies Ltd. has raised £400,000 (about $575,000) of equity investment from the South East Seed Fund, managed by Finance South East, and the Iceni Seedcorn Fund.

Taiwan Semiconductor Manufacturing Co. Ltd. has said it has qualified a 0.18-micron embedded flash memory (embFlash) process technology family intended for applications in automotive, analog and power-sensitive applications.

Globalfoundries has promised to continue its commitment for its Dresden manufacturing location as well as for the existing R&D network in that region. In a presentation for the press, Globalfoundries CEO Doug Grose rolled out a roadmap for the company's planned activities.

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.


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