Global dispatches

05.12.2005

The punishments dished out by Fujitsu closely mirror those imposed earlier on senior executives at the stock exchange.

Consortium to build $3B Indian chip plant

BANGALORE, India -- A consortium of investors is planning to raise up to $3 billion to build a semiconductor fabrication plant in India in collaboration with the Indian government and Advanced Micro Devices Inc. The consortium, called SemIndia Inc., hopes to tap into a growing Indian demand for semiconductors, which officials said could be worth up to $15 billion for logic chips alone in 10 years. The group last week said it has yet to decide on a location for the plant. SemIndia officials also declined to identify its investors, but sources have indicated that they will include private investors, the Indian government and possibly Sunnyvale, Calif.-based AMD. SemIndia also said last week that it has signed an agreement to license AMD's process technology for use in the plant. The agreement also calls for AMD and SemIndia to jointly develop and market semiconductor products for India. The new plant will make microprocessors for PCs and logic chips for mobile phones, set-top boxes and other devices.

Samsung may face probe for Apple deal

SEOUL -- South Korea's Fair Trade Commission is reviewing whether to launch an investigation into Samsung Electronics Co. following press reports that it sold NAND flash memory chips to Apple Computer Inc. at below-market prices.