Memory-chip designer Rambus reported a small profit on Thursday, but that is the highlight of an otherwise rocky three months, scarred by a sliding stock price and landmark legal defeats. Things are likely to get worse. Industry analysts say the company faces an uncertain future as its patent litigation against several large memory makers plays out in the courts — litigation potentially worth millions of pounds. “I think Rambus made a big mistake by pursuing the legal strategy as aggressively as it did,” said Martin Reynolds, research fellow at Gartner. “It’s a big PR issue. There’s a lot of damage out there they’ll have to control.” Rambus is expected to report earnings of 4 cents a share on revenue of $22.3m (£16m) for its fiscal third quarter, according to analysts polled by First Call. Though the small profit is better than many chip companies have managed during the ongoing tech slump, Rambus faces much greater liabilities. Analysts say the company’s aggressive pursuit of royalties from manufacturers of SDRAM (synchronous dynamic random access memory) and the resulting legal battles with Micron Technologies and Infineon have hurt its ability to establish its own memory technology, RDRAM (Rambus dynamic RAM), in the PC… Read full this story
- More legal woes for Lotus – fired senior execs claim unfair dismissal, taking case to employment tribunal
- 1965 Race Hemi Plymouth Belvedere – Street-Legal Super Stock Tribute!
- Akerson Drops Hints at Future Chevrolet Volt – 200 Mile All-Electric Range?
- Volkswagen may drop DSG for future sub-Golf models
- Nissan Drops Info on Future Truck Plans in Detroit
- Chelsea target Krzysztof Piatek drops hint over future and reveals reason he could quit Genoa
- Pochettino drops hint about future with Spurs
- 2016 Pro Stock Problems, Solutions, and the Future
- If you like despair — and ‘Orange Is the New Black’ — you’ll love ‘The Mars Room’
- NASA Takes You To Mars With Mars Rover Video Game
Legal woes, stock drop mar Rambus' future have 320 words, post on www.zdnet.com at July 13, 2001. This is cached page on Asean Breaking News. If you want remove this page, please contact us.