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...Prosecutors have alleged Anil Kumar, a former McKinsey partner, tipped Mr Rajaratnam about takeovers involving Spansion and AMD....
...Mr Kumar is expected to testify that he shared non-public information about Business Objects, EMC, Juniper, Spansion and Samsung with Mr Rajaratnam, according to documents filed by his lawyers....
...Prosecutors said they also planned to play a call in which Mr Kumar allegedly told Mr Rajaratnam secret information about a company called Spansion, a McKinsey client....
...The superseding indictment released on Friday by the office of the US Attorney in Manhattan also named Integrated Circuit Systems, Xilinx, Vishay Intertechnology and Spansion....
...Government wiretaps also caught him telling an underling to create an e-mail chain that would show they had discussed investing in Spansion, a Californian technology company, to hide the fact that his interest...
...Spansion, the chipmaker hit by overcapacity and falling prices for Flash memory, could emerge from Chapter 11 bankruptcy protection in the fourth quarter....
...Elpida Memory, the chipmaker, rose 1.4 per cent to Y1,642 after it said it was in talks to buy the flash memory assets of US group Spansion....
...The US International Trade Commission said in May that Qualcomm, Motorola, AMD, Freescale, STMicroelectronics and Spansion had infringed the patents of Tessera for the packaging of chips and banned US imports...
...Spansion has been cutting jobs and selling assets in an effort to reduce its $1.5bn of long-term debt....
...world’s biggest supplier of semiconductor equipment, is at the bottom of the supply chain and warned on Monday it had been driven into a loss as the fortunes of its chipmaker customers nosedived.Meanwhile, Spansion...
...Spansion, a spin-off of a joint venture involving Fujitsu and AMD, is in dire need of new revenue streams....
...Spansion filed for bankruptcy on Sunday, a victim of falling prices and a sharp decline in demand for memory chips. “I think [Globalfoundries] is quite different from Spansion,” said Mr Grose....
...Consider these lowlights: Spansion, AMD’s unprofitable memory chip spin-off, filed for bankruptcy protection for its Japanese unit.Nvidia, the graphics chipmaker, reported a wider than expected fourth-quarter...
...much wider range of smartphones and other gadgets.More notes from the frontlines of the chip downturn: the Semiconductor Industry Association said that global chip sales plunged 29 per cent in January… Spansion...
...News also emerged that Spansion, the memory chip company that AMD spun off in 2005, filed for bankruptcy in Delaware on Sunday, a victim of sliding demand and prices for its NOR Flash memory....
...The bulk of these related to its shareholding in Spansion, the memory chip maker it spun off in 2005....
...FormFactor dropped 2.9 per cent to $18.90 while Spansion lost 0.3 per cent to $2.99. Still, news that a Japanese memory maker had raised prices helped buoy US peers....
...Spansion was spun off in December 2005 by Intel rival Advanced Micro Devices. A joint venture with Fujitsu, Spansion had become a drag on AMD’s core microprocessor business....
...s microprocessor rival, spun off its Spansion flash memory joint venture with Fujitsu last year after it had dragged down financial performance....
...It has also sought to focus on microprocessors after spinning off its Spansion memory chip business last December....
...Spansion will trade on the Nasdaq under the symbol SPSN....
...STMicroelectronics added 1.2 per cent at €15.74 after Europe’s number two chip maker agreed to work with Intel on a common mobile-phone memory chip in a move aimed at winning greater market share from Spansion...
...Net income would have been $205m or 45 cents a share but for a non-cash charge of $110m or 24 cents associated with the spin-off of its Spansion memory-chip joint-venture in December....
...Spansion has suffered from prices falling for flash memory, which is used in mobile phones and other devices....
...He excluded Spansion, the memory-chip subsidiary that is in the process of being spun off, from his figures....
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