Home » 2009 » September

Monthly Archives: September 2009

xG Rides Again

You could have knocked me down with a feather to see xG Technology raise its head above the parapet again, this time by announcing, earlier this week, it had made a profit of over $1 million on $8 million revenues for the first half of the year.

Chip inventory levels hit new low

“Having seen their inventories swell to excess in 2008, semiconductor suppliers acted quickly to reduce inventory. However the pendulum swung too far in the opposite direction in the second quarter, leaving inventories at lean levels,” said Carlo Ciriello, financial analyst for iSuppli