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Fujitsu Laboratories Develops Power-Saving CMOS Technology for 32nm-Generation and BeyondFujitsu Laboratories Limited announced today the development of power-saving CMOS technology for logic LSI chips for 32 nanometer- (32nm-) generation and beyond. The new technology enables employment of a specific silicon crystal surface, which previously had not been applied in silicon substrates due to the crystal surface's conventionally low performance in the past, by improving its performance. As a result, as a world's first, the technology makes it possible to use current 45nm-generation fabrication facilities to reduce LSI power voltage without lowering operation speed, thereby containing production costs and cutting LSI power consumption during operation by approximately 20 percent (20%). It is anticipated that the technology can be used in a wide range of applications, such as system LSIs for various mobile devices that will need to be increasingly multi-functional, and for microprocessors of which many are running with multiple processing cores. [Read more...] |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--
International Rectifier Corporation (NYSE:IRF) today responded to the suggestion by Vishay Intertechnology, Inc. that it "would be willing to improve its offer" above $23.00 per share.
Richard J. Dahl, Chairman of the Board of International Rectifier said: "Our shareholders should not believe Vishay's latest ploy. With neither cash on hand nor committed financing, we do not believe that Vishay is in a position to provide 'immediate value' as it has suggested. A hypothetical increase to an already hypothetical, highly conditional offer should be viewed as yet another attempt to distract shareholders from the serious risks of accepting Vishay's nominees and bylaw proposals."
"Vishay's actions to date have made clear that it is determined to opportunistically capture the potential value to IRF shareholders without adequate compensation," Mr. Dahl added. "We are encouraged by the strong support of 3 of the 4 major proxy advisory firms and the vast majority of stock research analysts - essentially everyone who is interested in maximizing value for IRF shareholders rather than acting according to a philosophical platform. Shareholder support for Vishay's nominees and proposals would put individuals financed by a direct competitor and litigation opponent on the Board, and could be construed as an endorsement of a paltry offer - materially damaging IRF's negotiating leverage and significantly interfering with the implementation of our strategic plan."
International Rectifier's Board of Directors believes that it is in the best interests of the Company and all of the Company's shareholders to vote the WHITE proxy or voting card FOR each of the Board's nominees and vote AGAINST each of Vishay's bylaw amendments. If stockholders of IR have any questions or need assistance voting their shares, they can call D.F. King & Co., Inc., who is assisting IR, toll-free at 1-888-605-1957.
About International Rectifier
International Rectifier Corporation (NYSE:IRF) is a world leader in power management technology. IR's analog, digital, and mixed signal ICs, and other advanced power management products, enable high performance computing and save energy in a wide variety of business and consumer applications. Leading manufacturers of computers, energy efficient appliances, lighting, automobiles, satellites, aircraft, and defense systems rely on IR's power management solutions to power their next generation products. For more information, go to www.irf.com.
Note: Statements made or implied in this release that are in the future tense or that are accompanied by words such as "will," or variations of such words are "forward-looking" and involve risks and uncertainties that are not within International Rectifier's control. A fuller explanation of these risks and uncertainties, including those related to the changes to the company's internal controls and governance policies, is contained in International Rectifier's periodic and other filings from time to time with the Securities and Exchange Commission.
Source: International Rectifier Corporation
Original text is here
