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|Monday, December 12, 2011|
Intel lowered its fourth quarter revenue forecast due to shortages of hard drives in the PC industry.
The worst flooding in decades in Thailand dismantled or damaged a large chunk of the world's hard-drive manufacturing operations, causing a slowdown in PC production and the need for fewer chips by computer makers, Intel said. The Santa Clara, Calif., company had said it didn't expect an impact in the current period from the flooding.
"We do expect continued shortage of [hard-disk drives] to be pretty significant in the early part of 2012," Intel Chief Financial Officer Stacy Smith said. "And we expect supply to catch up to overall demand sometime in the first half of 2012. Where exactly that happens over the course of the first half is too early to say, but we do expect that this will catch up sometime in the first half."
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Thinking about an MBA? Join us for our upcoming Wine & Cheese Information Session to learn more about Concordia University's MBA program.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.