semiconductors
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IBM paying Globalfoundries US$1.5B to rid itself of costly chip business
Armonk, N.Y.-based IBM will make payments to Globalfoundries over three years to ditch semiconductor unit
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Chipmaker AMD cutting 7% of global workforce amid struggles
AMD employed 10,149 people as of end of third quarter; plans to cut jobs by end of its fourth quarter
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Samsung chip plant caused worker’s breast cancer
Employee worked at a plant without a radiation detector and was exposed to benzene and other carcinogens
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Dutch firm ASML offers to buy US light beam maker Cymer for around $2.55B
Intel, Samsung purchased stakes in chipmaker ASML earlier this year
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Celestica acquires U.S. precision machining firm
D&H makes precision machined components and assemblies for the semiconductor capital equipment market.
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Taiwan’s government unveils new stimulus effort
Exports from the Asian country expected to fall by 7.7 per cent next year
