- Faced with industry-wide overcapacity, Taiwan announced it was restructuring the nation’s memory chip companies and creating a new government-backed group. The move comes two days after AMD and Abu Dhabi investors created a new company to take on the Taiwanese. Demand for chips is falling precipitously as consumers and companies cut spending on computers, cameras and mobile phones.
- Although there is evidence that gamers are growing tired of music games such as Activison‘s Guitar Hero, one title may revive the genre. “The Beatles: Rock Band” will ship in September, and is an almost guaranteed blockbuster for the companies behind Rock Band, which include Electronic Arts, Viacom‘s MTV and Harmonix. The Beatles, who have sold more than 600m albums worldwide, have rarely licensed their music.
© The Financial Times Ltd 2014 FT and 'Financial Times' are trademarks of The Financial Times Ltd.