The purchase, the largest in the chip industry’s history, is Qualcomm’s response to slowing growth in demand for smartphones.
fairchild semiconductor
Posted inBusiness, Local & State
Industry’s evolution throws doubt on future of former Fairchild plant
Worldwide consolidation and outsourcing trends threaten semiconductor jobs in Maine.
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Posted inBusiness, Local & State, News
Gov. LePage expects Fairchild sale will lead to hundreds of job losses
He says they’re among the 1,200 good-paying positions that he predicted in April will be gone from southern Maine when major employers leave the area.
Posted inBusiness, Local & State, News
Hundreds of jobs at stake as rival buys Fairchild for $2.4 billion
The impact on the chip maker’s 650 workers in South Portland is unclear, but new owner ON Semiconductor says it may merge some operations in 2018.
Posted inBusiness, Local & State, News
Fairchild purchase extended again
ON Semiconductor said it expects final approval for the $2.4 billion deal to come from Chinese regulators by mid month.
Posted inBusiness, Local & State, News
Fairchild’s pending sale to Phoenix-based company creates uncertainty for Maine
The $2.4 billion deal, announced last winter, gets federal approval but still needs Chinese approval to close.
Posted inBusiness
Portfolio: Progress for chipmaker, hiring at call centers, silence on predicted layoffs
Fairchild upgrades controllers as regulators review a merger plan, and LePage’s 1,500 lost jobs haven’t materialized.
Posted inBusiness
Company seeking to acquire Fairchild reports decline in revenue, profit
Special non-operational costs contributed to the first-quarter declines for Phoenix-based ON Semiconductor.
Posted inBusiness, Portfolio
Portfolio: Talking Asian trade, electronic park guides, chip industry jobs
The Trans-Pacific pact is an imperfect gem, a U.S. Chamber official tells a local law firm. And Chimani’s apps are making a name for the Portland company.
Posted inBusiness, Local & State, News
Fairchild deal with rival ON Semiconductor delayed
Regulators still have not approved the $2.4 billion sale of Fairchild, which operates a plant in South Portland, to the larger Arizona chip maker.