ADE posted a fiscal first quarter 2007 net income of $3.9 million on revenue of $29.7 million, the company said. Jim Hogan appointed chair of DFM startup Veteran semiconductor/EDA executive and venture capitalist Jim Hogan has been appointed chairman of design-for-manufacturability-focused startup Ponte Solutions. Rim Semi acquires broadband patents Broadband communications IC vendor Rim Semiconductor has acquired substantially all of the assets of 1021 Technologies and its Japanese subsidiary in a cash and stock deal worth about $215,000. Probe-card specialist FormFactor was downgraded to "hold" from "buy" by Citigroup. DSPs regain luster and growth After temporarily losing its momentum, the digital signal processor (DSP) business will regain some of its lost luster in 2006. Oki interconnect method uses no wirebonds Oki Electric Industry Co. Ltd. has developed a interconnect technology that allows bonding of different material-based device elements without using conventional wire bonding. 3M acquires static control product supplier 3M announced it has acquired Credence Technologies Inc., a provider of instruments and high-end monitoring equipment for electrostatic discharge control and electromagnetic compliance. Qualcomm tips 45-nm pacts with IBM, TSMC Hoping to keep pace with its rivals at the 45-nm node, Qualcomm Inc. is planning to extend its current foundry relationships with Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and the ''IBM camp.'' Toshiba mulls overseas sites for NAND fab, says report Toshiba has confirmed it is considering overseas sites for Fab 5, its next NAND wafer fab, according to a Reuters report. Energy Conversion Devices Inc. (ECD Ovonics) is expanding its thin-film solar module manufacturing capacity by another 60 Megawatts per annum by adding a second facility at its Greenville, Mich., site. This second facility is expected to begin operation in mid-2008. TSMC August down 2% from July Foundry giant Taiwan Semiconductor Manufacturing Corp. reported unconsolidated August sales of NT$27 billion (about
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