IBM expands monitor recall
IBM will expand its recall of certain monitors to include an additional 63,000 units with circuit boards that could overheat, the US Consumer Product Safety Commission (CPSC) has said. In March, IBM announced it would voluntarily recall 56,000 G51 and G51t monitors, manufactured by Lite-On Technology of Taiwan, which could overheat and produce smoke during use. A total of seven overheating incidents had been reported, CPSC said. The original recall involved G51 cathode ray tube (CRT) and G51t touch screen monitors assembled between June 1997 and September 1997, but IBM has now extended that time frame to include models manufactured through September 1998. IBM would inspect affected monitors and either repair or replace the units, CPSC said.
Elpida Memory gets Intel investment boost
Intel is increasing its investment in Japanese DRAM manufacturer, Elpida Memory, in a move aimed at accelerating the company’s production of high-performance DRAMs. Intel’s investment program, Intel Capital, is investing $US23 million in Elpida in exchange for non-voting stock. The investment comes on the heels of a previous $US103.18 million commitment Intel made to Elpida in June. Elpida, a joint venture between NEC and Hitachi, said it expected to close the agreements by the end of the year. The investments were subject to closing conditions, including regulatory and internal approval. With the investment boost, Elpida said it hoped to ramp up production of next generation double data rate (DDR) synchronous DRAM products, known as DDR2, which are used because of their ability to increase speed and throughput.