Emerging Tech

The Pacific Northwest weathered its worst earthquake in 52 years on Ash Wednesday, but despite the quake's strength, high-tech companies sustained little if any damage.

A magnitude 7.0 earthquake rolled through the Pacific Northwest Wednesday at 1:55 p.m. EST.

Ericsson (China) Co. Ltd. confirmed Thursday it is being sued by a Chinese mobile phone manufacturer that alleges the company infringed its intellectual property in using a Chinese-text input system in its phones.

Questions are swirling around the future of a planned US$1.5 billion semiconductor plant, after two members quit the supervisory board overseeing the project, and a government document appearing to question its feasibility surfaced in the media. If the project collapses, as critics say it might, Intel Corp. could walk away with access to prized technology developed at taxpayer expense.

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U.S. companies will spend over US$17.6 billion on offshore outsourcing in 2005, more than triple the current spending amount, according to a study released Wednesday.

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Footwear maker Nike Inc. disclosed Tuesday that installation problems involving a new set of supply-chain management applications are playing a big role in an expected profit shortfall in the company's fiscal third quarter, which ends tomorrow.