Tag Archives: firepower

Chip shaker: TSMC, Samsung to flex foundry muscle

TAIPEI (Reuters) – Morris Chang, the father of Taiwan's chip sector, once shrugged off Samsung Electronics' entry into the foundry business – making private-label semiconductors under contract for others. Now, he calls the South Korean group the industry's “700-pound gorilla” with formidable financial firepower. Samsung's rise highlights the rapid changes in one of Asia's top industries – where speed, creativity and deep pockets count in a race to make chips smaller, but smarter, to keep up with a consumer shift from computers to mobile gadgets such as Apple Inc's iPhone and iPad. Continue reading

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General says Afghanistan will need "combat power"

WASHINGTON (Reuters) – The United States will require “significant firepower” in Afghanistan in 2013-14, the commander of U.S. and NATO forces there said, but decisions about further U.S. troop reductions will only be made after this fall at the earliest. Continue reading

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Optimism in Germany, US earnings boost markets

Strong U.S. Continue reading

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IMF chief wants ‘more firepower’ to fight crises

The managing director of the International Monetary Fund said Tuesday that the global recovery is growing stronger but still is very fragile, calling on the international community to give her organization “more firepower” to help keep tottering economies from going under. Continue reading

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Santorum Runs With ‘Etch A Sketch’ Comment

NEW YORK (TheStreet) — Rick Santorum received another gaffe gift from Mitt Romney’s campaign on Wednesday. Continue reading

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Syrian insists rebels are regrouping, won’t cave

Syrian rebels are regrouping despite some bitter defeats at the hands of President Bashar Assad’s regime, and a top priority is finding weapons and ammunition to boost their firepower, a man who identified himself as a low-ranking rebel commander told The Associated Press. Continue reading

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