ADVFN - Advanced Financial Network.
HOME» NASDAQ » I » INTC Stock Price » INTC Stock News

Intel Share News

 Intel (mm) Stock Price
INTC Stock Price
 Intel (mm) Stock Chart
INTC Stock Chart
 Intel (mm) Stock News
INTC Stock News
 Intel (mm) Company Information
INTC Company Information
 Intel (mm) Stock Trades
INTC Stock Trades

Chip Companies Push For Tariff Bans On Complex Semiconductors

By Shara Tibken of DOW JONES NEWSWIRES SARATOGA SPRINGS, N.Y. (Dow Jones)-Global semiconductor companies agreed to request tariff bans on chips that pack many capabilities into one small package, something that would help them better compete in the global marketplace. Semiconductor CEOs and other representatives met in upstate New York this week for their annual World Semiconductor Council meeting. The group included representatives from various U.S. companies such as Micron Technology Inc. (MU) and Analog Devices Inc. (ADI), as well as companies from Europe, China, Taiwan, Korea and Japan. The organization gathers high-level executives once a year to discuss trade policy, intellectual-property law and other regulations that affect the entire industry. The companies seek to reach agreements as a group that they then recommend to their respective governments. The biggest issue that the companies agreed on was seeking a ban on import taxes for what the group dubbed "multicomponent chips." As semiconductor technology becomes more advanced, chip designers seek to include more functionality in one complete package, such as processing, memory and sensing capabilities. That reduces cost and typically makes it easier for customers to create their products. Such chips are common in smartphones, tablets, PCs and other consumer devices. The topic was discussed at a roundtable late Thursday hosted by the chief executives of Micron, Freescale Semiconductor Holdings I Ltd. (FSL) and contract chip manufacturer Globalfoundries, along with the chairman of Analog Devices and the president of the Semiconductor Industry Association. Freescale Chief Executive Rich Beyer said campaigns by the WSC have helped eliminate most global tariffs on semiconductors, but some nations impose steep taxes on the chips that combine many functionalities in one package. "Some of these tariffs are as much as 10%, which could eliminate the ability of companies outside of those nations to successfully compete," Beyer said. The companies also discussed encryption, seeking to ensure specific nations don't force the industry to revel what steps are taken by customers to encrypt data. "Our customers will develop encryption that will sometimes be put into the chips," Beyer said. "Some nations around the world would like insights into that." Other issues discussed include regional stimulus and bailout provisions, anti-counterfeiting efforts, and greenhouse gas emissions and chemicals management. Micron Chief Executive Mark Durcan said some incentives to buoy companies can be positive, but government action at the point of company failure can "create significant disruptions and damage to the industry as a whole." "There's not a lot of consensus on how that should be addressed," he said. Durcan said the group will discuss the topic in future sessions, noting it took about seven years to reach agreement about tariffs for chips that include many capabilities in one package. The WSC hosted the meeting near the site for a recently constructed Globalfoundries chip factory in Malta, N.Y. The factory, along with university efforts in semiconductor research, has earned the region the moniker of "Tech Valley." -By Shara Tibken, Dow Jones Newswires, 212-416-2189, shara.tibken@dowjones.com

Stock News for Intel (INTC)
DateTimeHeadline
07/23/201419:42:43Have Big-Screen Smartphones Crashed the Tablet Party?
07/23/201411:29:13TECH STOCKS: Apple, Microsoft Fuel Broad Tech Gains
07/21/201403:20:37MARKET SNAPSHOT: Small Caps' Slump, Ukraine Fears May Hold Up...
07/17/201402:04:35Dow Rises to Record Close
07/17/201402:02:47MARKET SNAPSHOT: U.S. Stocks Gain; Dow Sets Its 15th Record Of...
07/17/201401:48:19MARKET SNAPSHOT: U.S. Stocks Trim Gains, But Dow Stays In Record...
07/17/201401:43:53TECH STOCKS: Intel Rises, Yahoo Falls After Earnings Results
07/17/201401:36:37MARKET SNAPSHOT: Dow Hits Intraday Record; Apple, IBM Drive Gains
07/17/201401:29:32MARKET SNAPSHOT: U.S. Stocks Open Higher; Yellen In Focus
07/16/201423:58:59MARKET SNAPSHOT: U.S. Stocks: Futures Rise; PPI Up In June
07/16/201421:16:22U.S. Hot Stocks: Hot Stocks to Watch
07/15/201417:09:10MARKET SNAPSHOT: U.S. Stocks Close Lower; Dow Ekes Out A Gain
07/15/201417:07:23MARKET SNAPSHOT: Momentum Plays Pull Down U.S. Stock Market
07/15/201416:56:59TECH STOCKS: Tech Stocks Waver Ahead Of Yahoo, Intel Reports
07/15/201416:52:02MARKET SNAPSHOT: U.S. Stocks Swing As Yellen Speaks
07/15/201416:49:26MARKET SNAPSHOT: U.S. Stocks Open Higher; J.P. Morgan Rallies
07/14/201418:36:37TECH STOCKS: Techs Gain Broadly; Apple Rises On Analyst Upgrade
07/13/201406:18:25MARKET SNAPSHOT: Tech, Bank Earnings To Test Economic Recovery
07/11/201410:47:50TECH STOCKS: Amazon Rallies; Microsoft, IBM Slip
07/10/201416:28:12TECH STOCKS: Apple, LinkedIn Lead Tech Retreat

Intel and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad