Items tagged with plants

Texas Instruments, maker of the popular OMAP processor line and those pricey calculators high school math teachers insist their students bring to class, announced fourth quarter revenue of $3.42 billion, net income of $298 billion, and earnings per share of 25 cents, all of which exceeded the company's expectations. "Revenue in the fourth quarter was higher than expected across all our major product lines, reinforcing our belief that we're at the bottom of this downturn. I'm pleased to say that despite the downturn and the lower factory utilization that came with it, cash flow from operations was... Read more...
As we reported earlier, technical difficulties at a transformer substation caused Korean memory factories owned by Samsung to go shut down until the situation could be resolved.   It seems that issues have now been resolved and the plants running again are ramping up to full production as quickly as they can.The outage has come a particularly bad time for companies that make hybrid drives, solid state drives, and of course, MP3 players.  Increasing demand and off-line factories mean higher priced products for consumers, at least in the short-term. “Samsung said all six lines were fully operating... Read more...