U.S. seeks more information on Intel-STMicro deal
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U.S. regulators have asked for more  information on Intel Corp's  deal with Europe's  STMicroelectronics  to combine their memory chip units,  Intel said on Thursday.
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With Intel Corp. apparently poised to announce the latest stage of its restructuring effort, speculation has centered not on whether the world's largest chip maker would be cutting jobs, but on how many.
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European Commission is looking into claims that Intel has been pressuring Europe's largest computer chain.
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BANGALORE, India - Intel Corp. said Friday (Nov. 19) it is considering additional investments in the tens of millions of dollars to expand its research and development efforts in India.
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The special master appointed to hear evidence from both parties in the AMD v. Intel antitrust case has recommended that Intel be compelled to produce documents for evidence that it had previously declined to submit. If Judge Joseph A. Farnan, Jr., agrees, Intel may be asked to produce evidence of what AMD alleges to be "foreign misconduct" on Intel's part.
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Another day, another investigation New York state is joining the growing line to probe Intel's paperwork over charges of anticompetitive behavior against chip rival AMD.â¦
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Chip maker offers few details about its plans for dual-core server processors.
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Hit by turmoil in the debt capital markets, STMicroelectronics, Intel, and Francisco Partners agreed on Wednesday to extend the deadline to launch Numonyx, a flash-memory joint venture between the three companies, to March 28.In a filing with the U.S. Securities and Exchange Commission (SEC), Intel said the parties have re-negotiated the commitment letter which originally called for certain lenders to provide up to U1.55 billion to finance Numonyx.Under the revised financing terms, Geneva-based chip maker STMicroelectronics will provide $364 million to the joint venture with a 48.6 percent stake of Numonyx. Francisco Partners will invest $150 million in exchange for a 6.3 percent equity stake, according to STMicroelectronics.Intel will retain a 45.1 percent ownership in the joint venture but hadn&#39;t calculated its financial commitment, according to an Intel spokesman.Numonyx will also receive a $650 million loan and a $100 million revolving credit facility, according to Intel&#39;s filing with the SEC.The updated agreement provides Numonyx a similar level of net cash with lower indebtedness than originally anticipated, ST Microelectronics said in a release.The three companies originally announced the joint venture on May 22 and said the deal would close in the second half of 2007. Numonyx is aimed at supplying NOR and NAND memory for consumer and industrial products including cell phones, digital cameras, PCs and other equipment.After the deal closes, Numonyx will be the largest supplier of NOR flash memory, STMicroelectronics said in the release.
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(InfoWorld) - Intel should have to share documents that could show it used monopolistic practices to force overseas PC vendors and retailers to shun Advanced Micro Devices Inc. (AMD) chips, the special master to a U.S. federal court recommended Friday. Intel is expected to contest the recommendation by Special Master Vincent Poppiti, of the U.S. District Court for the District of Delaware, before the matter comes before a judge on Jan. 12 for a final ruling. This is the latest round in aÂ long-running legal battleÂ that is scheduled to be decided in a case court beginning in April 2009. AMD has charged that Intel used its overwhelming 80 percent share of the worldwide microprocessor market to violate antitrust laws through coercive acts such as threatening to withhold incentive payments to PC vendors if they specified AMD chips in their products. In September, Intel got a boost when District Court Judge Joseph FarnanÂ ruled that Intel would not have to share those records, since U.S. courts had no jurisdiction over such actions alleged to have occurred in other countries. In return, AMD argued that foreign actions could also impact sales to U.S. customers, despite the fact that its chips are manufactured in Dresden, Germany, and sold to overseas customers. Poppiti's recommendation agrees with AMD's motion, reasoning that the market for x86 microprocessors is global, so Intel's behavior worldwide could serve as evidence in a U.S. antitrust case. Poppiti was appointed to make recommendations to the court related to the discovery phase of the case in which the sides share documents that can be used as evidence. "We are encouraged that the special master recognizes the importance of obtaining all evidence of Intel's wrongdoing, regardless of where it occurs, to demonstrate the impact it has had on AMD's domestic and export business," AMD spokesman Michael Silverman said in an e-mail. Intel lawyers are still reviewing Poppiti's recommendation, and have not yet decided whether they will file additional arguments by Dec. 27, Intel spokesman Chuck Molloy said in an e-mail. Â
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The chipmaker appears to have met its most recent deadline for production of the smaller-featured chips.
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In response to a New York Times story this morning that cites unnamed officials at the Federal Trade Commission as having indicated its chairman has decided not to pursue a formal investigation of Intel's antitrust conduct with regard to AMD, Intel spokesperson Chuck Mulloy called the report "speculation."
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Intel Corp , the largest  maker of computer processors, said on Wednesday it would  respond quickly to provide additional information sought by  U.S. regulators over its plans to merge its chip unit with  STMicroelectronics .
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Chip maker Intel is being investigated by the New York Attorney General following anti-trust concerns.
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(InfoWorld) - The European Commission has expanded anÂ ongoing antitrust probeÂ of computer chip maker Intel to examine claims that the company has been pressuring the Continent's largest computer retail chain not to sell computers containing chips made by archrival Advanced Micro DevicesÂ (AMD), Commission spokesman Jonathan Todd confirmed Monday. "The Commission is concerned that Intel has been putting pressure on Media Markt not to stock computers that include AMD chips as opposed to Intel chips," Todd said. Media Markt is a German chain of over 360 stores spread across 11 countries in the European Union. In July AMD complained to Germanyâs antitrust office, the Bundeskartellampt, that it didnât have access to this vital sales outlet. The Commission decided to examine the claim because of the cross-border nature of the alleged antitrust abuse involving Media Markt and because, if true, Intel's links with the retailer would strengthen its ongoing antitrust case, which began in 2001.
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Intel exec offers few details about dual-core chips as he talks up new technologies.
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New York Attorney General Andrew Cuomo is investigating possible violations of state and federal antitrust laws by Intel Corp., the world's largest manufacturer of computer microprocessors.
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Intel's presentation at a conference next week appears set to confirm many rumored details of the chip's architecture and characteristics.