Silicon Graphics Inc. announced on Thursday that it will sell its Alias division, which makes software for 3D graphics and animation.
Australian employees of Sun Microsystems will be spared the latest round of job cuts, which will see 1,000 positions slashed worldwide.
Intel is winding down its Xircom networking subsidiary, part of the chipmaker's strategy to concentrate on its basic markets.
IBM, Intel and Microsoft all reported quarterly results and analysts are still struggling to interpret them, get the low down on what the numbers will mean for the industry.
Hitachi, Japan's biggest electronics manufacturer, was poised to cut 20,000 jobs and move ahead with full-scale restructuring of its semiconductor operations hit hard by this year's steep info-tech downturn, according to published reports.
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