UMC continues to grow faster than TSMC
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Growth at foundry United Microelectronics Corporation (UMC) continues to outpace that at Taiwan Semiconductor Manufacturing Company (TSMC), which ended its record-sales streak in September.
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The worldwide server market continued to expand in the second quarter, analyst firm IDC said in a report Friday that mirrored findings by Gartner Inc.
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The retailer posts impressive comps growth and has updated its guidance.
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Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC), of Hsinchu, Taiwan, has expanded its patent-infringement fight against rival contract chip maker Semiconductor Manufacturing International Corp.
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(InfoWorld) - After several quarters ofÂ lackluster financial performanceÂ in Asia, EMC executives are looking to get the company's operations back on track. "Our challenge is execution," said Steve Leonard, president of EMC's Asia-Pacific operations. "We have to do a better job of execution, and execution is fixable." During the third quarter, EMC's Asian revenue grew by 6.9 percent, far slower than other regions. The company saw growth of 20.6 percent in the U.S. and 19.4 percent in Europe, the Middle East and Africa during the same period. EMC's other geographical unit, which includes Canada, Mexico and South America, saw growth of 27.1 percent. Still, EMC's financial performance in Asia during the third-quarter was an improvement over previous periods. The company reported revenue growth of 2.2 percent and 1.4 percent during the second and first quarters, respectively. This sluggish growth contrasts with performance in earlier years, when the company posted annual revenue growth in the high teens. Leonard joined EMC in April, after running the Asia-Pacific operations of Symantec, with a mandate to revive the company's business in Asia. "We have asked some members of our team to leave the business, we've asked some team members to take on added responsibility, and we brought in some outside professionals from different companies," he said. Returning to faster growth in Asia will take time, Leonard said, noting EMC is taking a measured approach, looking to first resolve some operational issues before moving on to others. "We're seeing some early indications that some of those things are gaining traction," he said. For example, EMC is rethinking its sales model and is working more closely with channel partners across the region. "In Asia-Pacific, not working closely enough with partners means you miss a lot of territory," Leonard said. "We've re-engineered our partnership program, how we train, and how we reward our partner community." The company also wants to take advantage of its strong market position in storage to sell more software to customers, Leonard said. As part of this process, EMC wants to reinvent itself in the eyes of customers and show how string of acquisitions in recent years have changed the company from a provider of large storage arrays to a vendor that offers a range of products for storing and managing data, he said. Another area where EMC hopes to improve is support. The company is moving to a single support contact for all of its products, a change that should make life easier for customers, Leonard said. "We are improving day by day," he said.
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The founder and former chairman of UMC was found not guilty of illicit investing in a Chinese chip maker.
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Ask Microsoft Analysis My friends in the financial industry keep lobbing the same question - how long can VMware keep up its growth? The answer to that query revolves around Microsoft and how competent it decides to be.â¦
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The drugmaker announces another great quarter of growth.
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These fast-growing companies make their debut on this year's Platinum 400.
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XM Satellite Radio Holdings Inc.   said on Wednesday it added some 285,000 new net  subscribers in the third quarter, fewer than that of rival  Sirius Satellite Radio , and both said they remain on  pace to meet full-year targets.
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Over the past year, EMC Corp. has added a little more than 400 employees to its Massachusetts workforce. The Hopkinton-based data-storage company expects to add still more in the coming year.
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By Fontana, John  Microsoft is growing faster and gaining more users than IBM in terms of e-mail and calendaring tools, but the two vendors are near equals when it comes to customer dissatisfaction, according to a new report from Gartner.
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Despite internal tumult, the firm is forging ahead with an upgrade its flagship server software.
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Despite the buzz over the public offering of its VMware software business, EMC Corp. of Hopkinton isn't forgetting its roots as a maker of data storage systems. The company will today unveil major upgrades to its key storage products.
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Cypress Semiconductor Corp of the US said Monday it has chosen Taiwan's United Microelectronics Corp (UMC) to be among its primary foundry partners for its next-generation static random access memory (SRAM) products.
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The fast food restaurant chain continues its rapid growth rate in China.
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The nation&#39;s two satellite radio providers posted huge subscriber gains in 2004 and expect to grow even faster next year as automakers offer the receivers in more vehicles.