(Reuters) - Market researcher Gartner Dataquest said on Thursday the global market for dynamic random access memory (DRAM) chips was likely to shrink an additional 19 percent in 2002 after a massive 67 percent contraction this year. It added the industry was set for consolidation as manufacturers of DRAM chips, used primarily for memory in personal computers, face mounting losses and spot prices less than 10 percent what they were little more than a year ago."Pricing is already so far below the cost of production all companies are making a loss," Andrew Norwood, senior analyst with Gartner Dataquest's semiconductor group, told a briefing for reporters. "If it falls further it will go below variable costs and we'll see companies going bankrupt. Some sense of reality has to return to the industry."
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(Press Release) Iomega Corporation has reported revenue of $182.1 million and a net loss of $71.2 million, or ($1.32) per diluted share, for the third quarter ended September 30, 2001. This net loss includes pre-tax restructuring charges of $33.3 million, pre-tax non-restructuring charges of $31.1 million, and an income tax charge of $28.7 million relating to an increase in the valuation allowance for net deferred tax assets.
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(Press Release) SmartDisk Corporation has some special promotions on for its power accessories for users of Apple's PowerBook G3 and PowerBook Titanium G4 computers. The offers, in effect on the company's Web site through December 31, 2001. The specially priced components include: Auto adapters for the Macintosh iBook, the PowerBook G3 and the Titanium PowerBook G4. The adapters fit into any standard auto cigarette lighter socket, giving users freedom to work while commuting, Airline adapters for the G3 and Titanium G4 PowerBooks. Compatible with the EmPower DC power ports featured on many major commercial airlines, these adapters are ideal for those who travel frequently by air., Battery and battery charger for PowerBook Titanium G4, Assorted adapters and cables, Also featured on the site are "power bundles" for mobile users of the Titanium PowerBook G4. The four bundles, which provide the accessories a traveling user needs to work efficiently while on the road.
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OCZ Technology Group has released the OCZ Goliath HSF. The Goliath features OCZ Ultra Thin fin technology as has more surface are than any current all copper heatsink on the market. Suggested price for the OCZ Goliath is $29.99. More information is available on the Goliath HSF Product page.