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China’s CXMT Tops Memory Profitability With 82% Margin

An unprecedented reversal has taken place in the profitability rankings of the global memory semiconductor market. ChangXin Memory Technologies (CXMT), China’s largest DRAM manufacturer, recorded an operating profit margin of 82% in the second quarter of this year, overtaking established players inc

We haven't written up this one. BusinessKorea has the full story — the link below goes straight to it.

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U.S. marks the 25th anniversary of the September 11 terrorist attacks

Americans are commemorating the 25th anniversary of 9/11 , remembering the shock , the dead and the sweeping consequences of the al-Qaida attacks on symbols of U.S. might and prosperity. Friday’s milestone anniversary will bring memorial rituals — wreath-laying, flag-flying, moments of silence, vigils and readings of victims’ names — and…

Ericsson announces 131 layoffs in Genoa

The Swedish telecommunications multinational Ericsson has initiated a collective redundancy procedure for 131 employees in Genoa. A letter from the group, announcing it, has been delivered to the workers...

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