IBM, Apple results elate investors

Article Abstract:

Cupertino, Calif.-based Apple Computer Inc. and Armonk, NY-based International Business Machines Corp. have reported strong earnings, raising the share price of both companies' stock. Apple, which surpassed expectations for its fiscal second quarter earnings in 2001, earned $40 million in profits in the second quarter.

United States, Electronic computers, Electronic Computer Manufacturing, Computers & Auxiliary Equip, Computer industry, AAPL, Apple Inc.

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Tundra Semiconductor sales almost cut in half

Article Abstract:

Ottawa, Ont.-based Tundra Semiconductor Corp. has reported that its 2001 second-quarter sales fell to $5.2 million compared to a profit of $2.1 million for the same period in 2000. Tundra, which reported a loss of $1.9 million for the second quarter ended October 28, is led by chief executive officer Adam Chowaniec.

Canada, Statistical Data Included, Tundra Semiconductor Corp.

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IBM plans Shanghai component plant

Article Abstract:

Armonk, NY-based International Business Machines Corp. has announced plans to construct a $300 million computer chip packaging plant in China. The new plant, which will be located in Shanghai, is part of IBM's global semiconductor expansion strategy.

China, New capacity, new plant construction, Foreign operations

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