techfile 3.2.09

  • Google‘s head of privacy, Peter Fleischer, is due to appear in an Italian court on Tuesday on a criminal charge of defamation and failure to protect personal data. The case – said to be the first of its kind, and carrying a penalty of up to 36 months in prison – stems from a video uploaded to Google Video. [Update: Our correspondent in Milan reports from the hearing that Fleischer was not in court today, and that the judge allowed the case to go forward - full report on FT.com to follow.]
  • The semiconductor industry is becoming a smaller chip off the old block as the economic downturn deepens. The Semiconductor Industry Association reported on Monday that sales in 2008 fell year-on-year for the first time since 2001. They were down 2.8 per cent at $248.6bn.
  • Applied Materials, the world’s biggest supplier of semiconductor equipment, is at the bottom of the supply chain and warned on Monday it had been driven into a loss as the fortunes of its chipmaker customers nosedived.
  • Meanwhile, Spansion announced its chief executive, Bertrand Cambou, had resigned. The flash memory chipmaker recently defaulted on its credit line and said last month it was exploring strategic alternatives for a sale or merger.
  • SanDisk shares fell by nearly a quarter in morning trading on Tuesday after the biggest maker of flash memory cards for digital cameras reported a big fourth-quarter loss and predicted first-quarter revenues of $475m to $575m, well below Street expectations of $632m.

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