Spansion Inc.
News and overview for Spansion Inc.
Spansion to Sell Suzhou Final Manufacturing Facility to Powertech Technology, Inc. [Press Release]
PRNewswire | 89 days 19 hours 12 minutes ago
...and further its restructuring efforts, Spansion Inc. today announced its wholly owned subsidiary...Photo Desk, photodesk@prnewswire.com Spansion Inc. CONTACT: Courtney Brigham of Spansion Inc., +1-408-616-5056,courtney...
Spansion Reaches Significant Milestone Towards Completing Chapter 11 Restructuring [Press Release]
PRNewswire | 51 days 2 hours 41 minutes ago
...Oct. 2 /PRNewswire-FirstCall/ -- Spansion Inc. today announced it has reached another...Photo Desk, photodesk@prnewswire.com Spansion Inc. CONTACT: Courtney Brigham of Spansion Inc., +1-408-306-8927,courtney...
Aehr Test Systems Reports Financial Results for First Quarter Fiscal 2010 [Press Release]
PRNewswire | 52 days 19 hours 41 minutes ago
...Company's bankruptcy claim against its customer, Spansion Inc. "Our business in the first quarter continued...1) The Company's largest customer, Spansion Inc. ("Spansion") filed for bankruptcy in February and March 2009...
Resources Connection to Create New Corporate Advisory and Restructuring Business Through Acquisition of Sitrick And Company and Brincko Associates [Press Release]
PRNewswire | 23 days 13 hours 44 minutes ago
...11 restructuring assignment at Spansion, Inc., has managed such restructurings...Consolidated Freightways, Mossimo, Inc., Knudsen Foods, Inc., CalComp Technology, Sun...President and COO, and as to Spansion as CRO) of each company during...
EETimes.com - Source: Spansion puts 300-mm fab up for sale
EE Times | 27 days 2 hours 37 minutes ago
Spansion (Sunnyvale, Calif.) officials declined to comment on the status of the fab, dubbed SP1. ''SP1 is an asset of Spansion Japan Ltd. and they are weighing all possible options to help advance the reorganization process. We continue to work closely with Spansion Japan and are fully supporting customer requirements through our internal and external manufacturing resources," according to a statement issued by Spansion.
EETimes.com - Spansion cuts more jobs
Electronic Engineering Times (Asia) | 26 days 17 hours 14 minutes ago
A Spansion spokesperson said through a prepared statement that a "small restructuring" took place at Spansion Monday. The statement said the layoff was "necessary to better prioritize and align the company's resources with its business goals and emergence from Chapter 11." The company declined to provide further details on the job cuts.
Spansion denies report it may sell off chip line in Fukushima
Japan Times, The | 31 days 15 hours 40 minutes ago
Spansion Inc., the bankrupt maker of mobile phone memory chips, denied a report Wednesday that its Japanese unit is close to selling a chip production line. Spansion Japan Ltd. plans to sell a chip making facility completed in 2007 with investment of over 100 billion, the Nikkei newspaper reported earlier Wednesday, citing an unidentified executive at the unit. The 300-mm wafer facility at a plant in Fukushima Prefecture is now worth 20 billion, the report said, citing the executive...
ChipMOS TAIWAN RENEGOTIATES ITS LEASES WITH GE [Press Release]
PRNewswire | 12 days 20 hours 44 minutes ago
HSINCHU, Taiwan, Nov. 9 /PRNewswire-Asia-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company")
Oracle and E2open Simplify Logistics Connectivity [Press Release]
PRNewswire | 19 days 20 hours 9 minutes ago
...LSI Corporation, Panasonic, Philips, Motorola, Seagate Technology, Spansion, Vodafone, and Wistron. CONTACT: Jessica Moore of Oracle, +1...1-312-329-3909, hoersterm@ruderfinn.com, for E2open, Inc.
IIC-China and co-located Components Zone to expand to Wuhan, Chengdu and Dongguan this September [Press Release]
PRNewswire | 74 days 9 hours 42 minutes ago
DONGGUAN, China, Sept. 9 /PRNewswire-Asia-FirstCall/ -- The inaugural fall edition of the International IC-China Conference & Exhibition (IIC-China,
Japan Hot Stocks-Shin-Etsu Chem, K's Holdings, Hitachi High Tech
Forbes | 27 days 10 hours 48 minutes ago
TOKYO, Oct 26 (Reuters) - The benchmark Nikkei average rose 0.5 percent and the broader Topix gained 0.8 percent on Monday. The following stocks were on the move: Article Controlsemail
Japan Hot Stocks-Shionogi, Shin-Etsu Chem, K's Holdings, Hitachi
Forbes | 27 days 9 hours 26 minutes ago
TOKYO, Oct 26 (Reuters) - The benchmark Nikkei average rose 0.6 percent and the broader Topix gained 0.8 percent on Monday. The following stocks were on the move: Article Controlsemail
EETimes.com - Veeco beats estimates, swings to profit
Electronic Engineering Times (Asia) | 26 days 10 hours 55 minutes ago
Revenue improved by 37 percent compared to the previous quarter, but was off by almost 15 percent compared to the third quarter of 2008. The net income, which equates to 4 cents per share, compares to net losses of $14.7 million (47 cents per share) and $2.4 million (8 cents per share) for the previous and year-ago quarters, respectively.
EETimes.com - U.S. antitrust regulators probing Sony unit
Electronic Engineering Times (Asia) | 26 days 16 hours 15 minutes ago
The Japanese electronics giant said in a statement issued Oct. 23 that the Justice Department and agencies outside the U.S. are investigating competition in optical disk drives.
EETimes.com - Freescale CEO optimistic but still cautious about IC market
Electronic Engineering Times (Asia) | 27 days 11 hours 16 minutes ago
Among concerns on Beyer's mind are the same issues economists are trying to sort out in the larger economy, including whether the current economic recovery would be sustainable and whether the financial and real estate markets as well as consumer confidence will rebound strongly enough to power future growth, lifting demands for automotives and other electronic products.
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Company Overview
| Company: | Spansion Inc. |
|---|---|
| Industry: | Memory Chips & Modules |
| Website: | http://www.spansion.com |
Spansion favors flash expansion. The company was formed as a joint venture between Advanced Micro Devices and Fujitsu to make and market flash memory devices. The two chip heavyweights created the company as an outgrowth of their decade-long collaboration in non-volatile memory. Flash memory is used in a wide variety of electronic devices, including wireless phones, networking equipment, and automotive subsystems. Spansion also provides hardware development tools and production manufacturing support. The unprofitable company is taking a number of measures to improve its results, and it may be sold, in pieces or as a whole. Spansion filed for Chapter 11 protection from creditors in early 2009.
Key Numbers
| Sales in U.S. Dollars (mil.) | 2,281.8 (2008) |
|---|---|
| One-year % Growth in Sales | -8.8 (2008) |
| Net Income in U.S. Dollars (mil.) | -2,427.3 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 8,700 (2008) |
| One-year % Growth in Number of Employees | -6.5 (2008) |
| Fiscal Year-End | December |