'Silicon Forest' worries, Is this goodbye Mr. Chips?
Article Abstract:
Oregon's 'Silicon Forest,' a fast-growing focus of semiconductor-industry activity in 1997, has experienced a sudden turnabout during 1998. Intel Corp has delayed work on a $2 billion plant and an office complex, and Komatsu Silicon America has shut down two of its three plants in the region. Financial problems in Asia and an oversupply of chips are cited as reasons. State and local planners are shocked by the rapidity of the changes. Nearly $15 billion of high-tech construction and a 39% growth of high-tech employment has caused an economic boom, with new housing developments appearing at a rate of 2,000 units per year. Local officials say they did not expect growth to occur so fast, nor did they expect it to halt so abruptly. One characterizes the planning process as 'schizophrenic.'
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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How big a bite? on-line grocery stores hope to lead the way into the electronic future. But shoppers may still want to see and touch what they're buying
Article Abstract:
Grocery stores are increasingly implementing online shopping services that allow customers to place food orders via the Internet, a fact that promises to ultimately reshape the $400 billion grocery-retailing industry. Analysts forecast that online grocery sales may account for between 3% and 15% of the industry's food orders by 2000, aided by advances in cable modem technology which promise to make online shopping more efficient. However, the 10% surcharge normally incurred by the electronic ordering and delivery of groceries may initially deter price-conscious shoppers. Shoppers also tend to prefer selecting their own produce and sale items in person, and a significant portion of the grocery industry's revenues are derived from impulse-buying while at the store.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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Microsoft Corp. to buy half of Continuum
Article Abstract:
Microsoft Corp buys about 50 percent of Continuum Productions Corp multimedia company. Microsoft CEO William Gates III, who is financing the acquisition, has invested millions of dollars in licenses for Continuum, which is building a digital archive to reproduce various kinds of media, such as artworks. London's National Gallery, the Barnes Foundation post-Impressionist painting collection and the St. Petersburg State Russian Museum are some of the collections to which Continuum owns rights. Microsoft is purchasing the division of Continuum that is responsible for the development of software that will allow digitized works to be accessed by users.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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