Intel has not been able to escape economic recession, as the chipmaker announced this week that it will be closing a total of four plants, a move that will affect 5,000-6,000 employees.
The firm intends to close two assembly test facilities in Penang, Malaysia and one in Cavite, Philippines. The company will aso halt production at Fab 20 at Hillsboro, Ore., "an older 200mm wafer fabrication facility."
The fifth location to cease operations is the D2 facility in Santa Clara, Calif.
Agoura, Calif.-based THQ will miss its guidance for a breakeven second fiscal half on slow sales of key releases, said Cowen and Company analyst Doug Creutz in a Thursday research note.
Citing NPD data for U.S. software sales, Creutz said sales of the latest WWE wrestling game SmackDown vs. Raw 2009 were down 22 percent year-on-year during calendar Q4 2008, and the SpongeBob franchise was down 19 percent year-on-year.
Premier League football club Arsenal says its fans will soon be able to watch instant replays of key match moments via their PSP when attending the club’s home stadium.
The newly-built Emirates Stadium is to be engineered so that it will stream data to people inside the ground soon after key incidents occur, as well as provide stats of the match. The Sony-built technology could be mass-market-ready before the 2011/12 season begins.
Sony has announced that it will be making further expenditure cuts across its businesses in a bid to save the company $2.8 billion.
The announcement immediately followed the firm’s projections that it would lose $1.68 billion for the fiscal year.
Sony had initially prepared to save $1.1 billion through a number of restructuring measures; savings which many analysts thought would be too little.
Just about everyone working in the games biz had heard the heart-warming tale of Ethan Nicholas. He wrote an iPhone game (a tank simulation called iShoot), which duly sank into the soft eiderdown of iTunes obscurity. Then, he improved it. The game sank further. Then he released a free demo of the game. The full-priced version shot to number one, and is currently earning Ethan a tidy $20,000 a day.
Konami has assured that its Australian release schedule will not see any changes after its distributor, Red Ant, was placed into administration.
Sydney-based Red Ant is one of Australia’s biggest game distributors, and serves a number of large third-party publishers such as Besthesda, Konami, Midway and Capcom.
Sony expects to make an operating income loss of $1.68 billion for the fiscal year, marking the first annual loss for the company since 1995.
The fall is greater than previously expected, as many reports and analysts predicted Sony would forecast a loss of around $1.1 billion.
A former journalist for IGN, Ziff-Davis and Ultra Game Players has shot himself and his wife in an apparent murder-suicide.
Jason Montes, 33, of Sacramento was found dead by police at the home of his estranged wife in Concord, California on Sunday, January 11. His wife Serena Montes, 25, was fatally wounded at the location. According to police, Montes had called a friend to say he had shot his wife and planned to kill himself. The gun belonged to his father.
Skate was a reaction to sequels, a youthful breath of uncluttered thinking in the face of the incremental gimmickry that sent Tony Hawk tottering into stodgy middle age. That puts Skate 2 in an awkward position from the start.