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2008-09-30 Atmel restructuring continues in Nantes
Shortly after it announced 180 job cut at its manufacturing site in Rousset, Atmel Corp. disclosed it will trim 30 jobs from its 250 staff in Nantes, France.
2012-02-14 Amkor restructuring cuts workforce
Amkor Technology Inc., a semiconductor test and packaging firm, has made public that it took a $4 million charge in 4Q11 for restructuring costs associated with reduction in its workforce.
2002-11-12 AMD outlines restructuring plan
Advanced Micro Devices Inc. is working on a broad restructuring plan that will slash $100 million from its quarterly operating costs in 2003, cut $100 million from its capital expenditures both this year and next, and entail significant layoffs by June.
2012-10-22 AMD deals with PC slump via job cuts, restructuring
PC market woes has caught up with AMD and has the company revaluating its business model.
2003-11-11 Advanced Power Tech to undergo more restructuring
Advanced Power Technology Inc. has announced plans regarding several additional consolidation and restructuring actions.
2015-03-05 Upbeat forecast seen for APAC's smart grid, microgrid space
Frost & Sullivan found that that the transmission and distribution equipment market earned revenues of $22.66 billion in 2014 and estimates this to reach $24.11 billion in 2015.
2012-08-24 UMC board votes to close Japan fab
Declining customer demand and bleak Japanese economy led to UMC's decision to shut down its fab in the country.
2011-09-28 Trident to slash 275 jobs
Because of its cost cutting strategy, the company will lay off 20 percent of its labor to lower its financial breakeven point.
2013-03-25 Tessera restructures DigitalOptics business strategy
The company expects to reduce operating expenses in DOC and corporate overhead by about $78 million, or 45 per cent, on an annualized basis exiting 2013, as compared to 2012.
2008-11-10 ST-NXP Wireless restructures, plans 500 job cuts
With today's market outlook appearing quite different than it did just a few months ago, ST-NXP Wireless is taking necessary action to adapt its R&D resources and cost structure to the new business conditions in the industry.
2011-07-29 ST-Ericsson shuts down R&D sites
As part of their latest round of restructuring, ST-Ericsson is planning to close some of its R&D sites worldwide.
2012-04-25 ST-Ericsson sacking 1,700, moving processors to ST
The mobile chip joint venture between ST and Ericsson said it would transfer its standalone application processor activities to ST, and announced guidelines for a new strategic direction.
2007-04-20 Spansion to implement massive cost-cutting measures
In response to losses and poor market conditions in the NOR flash sector, Spansion Inc. said that it will undertake large-scale, cost-cutting measures.
2011-11-10 Solar panel firm details cost-cutting plan
SunPower's planned restructuring in 4Q11 is hoped to reduce operating expenses by as much as 10 percent next year.
2012-09-18 Sharp increases pay cuts to pare down costs
In a fresh bid to prevent further revenue decline, Sharp will shave off a significant chunk of management and worker salaries.
2015-08-14 Shake up in cellphone industry spells job losses
While Lenovo is laying-off thousands due to poorly performing Motorola, HTC is aiming to cut operating costs with the same move. Is this part of a larger trend?
2007-10-18 Sanyo scraps plan to sell semiconductor biz
Contrary to its March announcement that it selling off its semiconductor operations, Sanyo Electrics has issued a statement that it will retain the business as key operation in its component and device division.
2007-04-03 Sanyo has new president, targets more spin-offs
Sanyo Electric has appointed a new president, a move that is expected to step up the unbundling of business units such as digital cameras and mobile phones following the sale of its semiconductors operations.
2008-05-08 RFMD restructures, veers away from wireless systems
RFMD is reducing its investments in wireless systems, including cellular transceivers and GPS solutions, to focus on core IC component opportunities, including cellular front ends and other components.
2012-06-15 Report: Renesas to get $630M loan
Renesas is said to be in the final phases of securing a $630 million loan (around ?50 billion) from four banks, according to a report by the Mainichi newspaper.
2012-06-20 Renesas to drop mobile subsidiary
Reports have surfaced that Renesas is considering selling off or closing at least 10 of its 19 domestic manufacturing plants over the next three years.
2012-06-27 Renesas asks $620M from private equity firm
The investment represents around the amount the struggling Japanese company needs for a $1.3 billion cash injection for its restructuring plans.
2013-01-22 Renesas aims to optimise personnel structure
Renesas Electronics will merge departments to streamline operations as it courses through its restructuring programme in a bid to revive the company.
2015-08-18 Poor smartphone sales cause Lenovo, HTC job cuts
HTC and Lenovo have recently confirmed they would lay off workers as part of different restructuring plans in the face of slowing handset sales.
2011-11-29 Planned job cuts arrive in AMD Singapore
AMD Singapore's workforce reduction was implemented across all groups, including equipment and maintenance engineering, product engineering, and manufacturing operations and support.
2011-12-08 Photomask firm halts manufacturing in Singapore
Photronics has ceased production of semiconductor photomasks but will retain customer service, data preparation and photomask repel services.
2011-05-03 Panasonic shaves 17,000 jobs, plans reorganization
The Japanese electronics giant will cut 17,000 jobs over the next two years, review overlapping businesses within the group and consolidate or transfer them to outside companies.
2012-08-24 ON Semi trims workforce to reduce overall expenses
ON Semiconductor will let go of 250 employees as it prepares to face further revenue declines.
2008-09-16 NXP to close fabs with installed redesign plan
A restructuring of manufacturing, R&D and support at NXP, the former Philips semiconductor division, will cost an estimated $800 million, save $550 million annually and affect approximately 4,500 NXP staff, or about 15 percent of its workforce.
2008-11-03 NXP seeks leadership in remaining units
NXP Semiconductors announced the restructuring of its manufacturing, R&D and support activities. In an interview, NXP's CEO, Frans van Houten, talked about the causes and consequences of the restructuring measures.
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