Semiconductor industry reorganization results of 2002
DigiTimes summed up the losses semiconductor leaders suffered this year.
In general, despite some positive moments, the reorganization resulted in numerous staff cuts in 2002.
Reorganization´2002 |
Company |
Month |
Event |
Intel
| July |
Dismissed 4000 workers |
October
| Launched 300-mm Fab 11X in Rio Rancho, New Mexico |
AMD
| January
| Purchased Alchemy Semiconductor |
May
| Closed 150-mm Fab 14 and Fab 15 in Austin, TX; dismissed 800 workers from Fabs 14, 15, 25 |
November
|
Cut 10-20% workforce |
STMicroelectronics (ST)
|
June
|
Purchased Alcatel |
Philips Semiconductor
|
November
|
Closed fab in Albuquerque, NM, dismissed 600 workers |
Texas Instruments (TI)
|
October
|
Dismissed 500 workers |
November
|
Dismissed 180 workers (15%) from Tucson, AZ fab |
Chartered Semiconductor Manufacturing
|
October
|
cut capital expenditures by 10%, dismissed 300 workers (7%) |
Micron Technology
|
January
|
Purchased a fab in Virginia from Toshiba for $300 |
Hynix Semiconductor
|
May
|
Cut 30% workforce |
November
|
Announced sales of property share in HYDIS for $380 million (incomplete) |
ASML
|
December
|
Dismissed 1450 workers (22%) |
Applied Materials
|
November
|
Dismissed 1750 workers (11%) |
Conexant Systems
| March
| Picked out a fab in Newport Beach to merge with The Carlyle Group in Jazz Semiconductor |
June
| Organized broadband components division | July |
Merged GPU division with Zing Network in Pictos Technologies |
Source: The DigiTimes
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