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Monthly Archives: November 2008

Investing In The Past

In the 1970’s, the all-powerful Tokyo Civil Service decided it was time to take on the US computer colossi: IBM and the BUNCH (Burroughs, Univac, NCR, Control Data and Honeywell).

Space centre to provide multi-billion pound boost for industry

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Surrey Satellite Technology Ltd (SSTL) believes the UK space technology sector will be more globally competitive following this week’s decision to create an ESA space centre in Oxfordshire. According to the Guildford-based satellite developer, investment in the space technology sector brings definite economic as well as technology benefits. “Previous investment in space by the UK government resulted in a ten ...

Slowdown hitting chip orders, says STMicroelectronics

STMicroelectronics has warned that revenues for the fourth quarter will be below the outlook provided in October. “Based on current visibility, the Company now expects fourth quarter revenues to be between approximately $2.2bn and $2.35b, as compared to $2.7bn reported in the prior quarter, or a sequential change in the range of about -12.8% to -18.4%,” said the semiconductor manufacturer. ...