Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Intel rated leading chip manufacturer again, AMD slips out of top ten

Intel rated leading chip manufacturer again, AMD slips out of top ten
by Tim Stevens,
This economic crisis has been tough for nearly every business worldwide, perhaps best evidenced by the number of corporate spats we've seen develop lately as everyone gets more and more protective of their respective turfs. While Intel and NVIDIA have lately been engaged in an epic war of PowerPoint presentations, fewer disputes have been bigger or longer-running than the one between Intel and its more direct competition, AMD. That "us inside" company just earned some bragging rights, being named the biggest processor manufacturer in the world again by iSuppli, with a 13.1 percent global market share. AMD, which came in tenth last year, dropped down to the number twelve position in 2008 after its revenue declined 7.8 percent compared to 2007. News was also bad for Texas Instruments, which dropped a position largely thanks to the success of mobile processors from Toshiba and Qualcomm. Don't be so glum, TI, maybe successes from Russell Crowe's favorite flavor of pico projector will make up for the difference.

engadget.com

Circuit City fails to be wanted, will now be liquidated


by Darren Murph,
Even Circuit City's CEO admitted that liquidation was a very real possibility if a sale of the company didn't occur by January 16th, and needless to say, time's up. According to a breaking report from the AP, the once colossal electronics retailer will indeed be forced to liquidate, which should bring happy times for bargain hunters and sad times for employees. Now that details are starting to flow in, we're told that it will liquidate 567 of its US stores after failing to secure a buyer or refinancing deal. For those who care, Great American Group LLC, Hudson Capital Partners LLC, SB Capital Group LLC and Tiger Capital Group LLC have been chosen as liquidators.

[Thanks, Doug]

engadget.com