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Kocher becomes Micron CEO - Joel Kocher was promoted to chairman and chief executive officer of Micron Electronics as part of the company's strategy for improving its direct sales model and surviving coming industry-wide consolidation. [News.com]
 
Komag lays off 480, posts loss - Komag today said it would lay off 10 percent of its employees, or about 480 people, and post a quarterly loss of about $58 million, as orders for its disk drive components continue to fall. [News.com]
 
Koreans to slow memory making - South Korean memory manufacturers will further scale back production of 64-megabit chips in an effort to achieve price stability on a product that continues to drop in value. [News.com]
 
LCD prices falling fast - Intense price wars have broken out in the Japanese market for LCD (liquid crystal display) monitors, with some vendors dropping prices by more than 50 percent compared to a year ago. [News.com]
 
LSI Logic to buy Symbios - Semiconductor chipmaker LSI Logic said today that it has agreed to acquire Symbios from Hyundai Electronics America for $760 million, including assumption of debt, payable in cash. [News.com]
 
Lam to eliminate 1,100 jobs - Lam Research plans to cut up to 1,100 jobs as part of a restructuring in anticipation of further weakening in the sales for semiconductor capital equipment. [News.com]
 
Law firms profit from tech IPOs - The flood of high-tech companies going public has raised more than a few boats, but among Silicon Valley law firms, none more than Wilson Sonsini Goodrich & Rosati. [News.com]
 
Lockheed to cut 2,500 jobs - Lockheed Martin expects to eliminate up to 2,500 jobs at its spacecraft and missile systems division this year as it continues to make a difficult transition from military contracts to commercial satellites. [News.com]
 
Lotus plugs new Notes, Domino duo - As the early July beta launch date looms large for the latest version of its groupware suite, Lotus Development here today showed off some new features in the messaging client and new real-time collaborative technologies. [News.com]
 
Lotus readies new Java suite - Lotus Development plans to release the next version of its Java-based applications suite in September, with a focus on the PC and a promise that it's not leaving the NC behind. [News.com]
 
Lotus to ship SmartSuite - IBM subsidiary Lotus Development will roll out the next version of its office application suite next week. [News.com]
 
Lotus upgrades Domino server - IBM subsidiary Lotus Development next week will debut further enhancements to its Domino Web server intended to simplify integration with other business applications. [News.com]
 
Lotus working in real time - Lotus Development detailed more of its real-time collaboration strategy here today, including how it will incorporate real-time messaging into its new education and training product line and where the technology fits into its overarching knowledge management agenda. [News.com]
 
Lotus, Verity settle license case - Lotus Development and Verity have signed a licensing agreement and have settled legal action between the two companies. [News.com]
 
Low expectations for Win 98 - Windows 98, the operating system software at the heart of a landmark antitrust case against software giant Microsoft, goes on sale this week amid subdued expectations and lukewarm early reviews. [News.com]
 
Lucent concedes to unions - Lucent Technologies' unionized workers will receive average base wage increases of 18.7 percent over five years under a tentative contract agreement reached early this morning, the unions said. [News.com]
 
Lucent gets British phone firm - British business telephone systems company SDX Business Systems said today it has agreed to be taken over by American communications group Lucent Technologies for 325 pence for each of its shares. [News.com]
 
Lucent slams Cisco with suit - The battle between Cisco Systems and Lucent Technologies has moved to the court room. [News.com]
 
Lucent, Motorola team on chips - Lucent Technologies and Motorola will work together on developing digital signal processors--powerful, specialized microprocessors commonly found in communications devices such as cell phones. [News.com]
 
Lucent, uniView eye Internet TV - Consumer electronics company uniView Technologies said today that it and Lucent Technologies are collaborating to bring Internet telecommunications capabilities to interactive television and Internet device markets. [News.com]
 
 

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