New FPGA capex in 2009
Before we succumb to fear and conclude that no positive signs of life can be seen in the programmable realm for 2009, let’s recognize Altera Corp.’s efforts to invest in Malaysia expansion. Altera CEO John Daane told a press conference in Penang that the company would stick to its goal of spending more than 20 percent of revenue in R&D, even in a recessionary year like 2009. The company also opened a new development center in the Bayan Lepas Industrial Estate.
On the other hand, before we convince ourselves that the worst is over for the economy, we should take a look at this front-page New York Times article which suggests that the biggest banks are still reticent to make commercial loans because they already are insolvent for all practical purposes. There are signs of spring out there folks, but also some tough times to get through.
Loring commented:
Andy T commented:
Andy T commented:
