InfoAnda - OCZ changes leaders, needs to solve supply chain problem |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Online Encyclopedia of Life reaches 150,000 species | 25 August 2009
Israeli assault on Hamas kills more than 200 | 28 December 2008
Rampaging elephants kill farmer in Indonesia | 5 September 2009

Plastic Logic scraps long-awaited e-reader QUE | | 11 August 2010

Forum Views () Forum Replies ()

Read more with google mobile : OCZ changes leaders, needs to solve supply chain problem |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Reihan Salam Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Editor's Choice Brain scanner may help paralyzed people communicate People unable to speak through paralysis may one day be able to spell out their thoughts with technology being developed by Dutch scientists. The brain-scanner measures different levels of brain activity and associates each level with a letter of the alphabet. Video Microsoft warns on Internet Explorer security flaw Fat and getting fatter: U.S. obesity rates to soar Scientists grow drug for rare disease in corn Follow Reuters Facebook Twitter RSS YouTube Read Romney struggles to steady campaign after secret videos | 5:20pm EDT Anti-Japan protests reignite across China on occupation anniversary | 11:07am EDT Fat and getting fatter: U.S. obesity rates to soar by 2030 3:52pm EDT Fanning furor, Justice Scalia says appeals court judge lied | 17 Sep 2012 Chicago teachers to vote on ending strike 4:39pm EDT Discussed 288 U.S. ambassador to Libya, three staff killed in rocket attack 152 New video shows Romney saying Palestinians don’t want peace 124 U.S. embassies attacked in Yemen, Egypt after Libya envoy killed Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption American food culture From fast food to fine dining, a look at the culture of food in the U.S. Slideshow London Fashion Week Backstage and collection highlights from London. Slideshow OCZ changes leaders, needs to solve supply chain problem Tweet Share this Email Print Related News Apple cuts memory chip order to Samsung for new iPhone: source Thu, Sep 6 2012 Micron, SanDisk jump after OCZ warns of shortage Thu, Sep 6 2012 Analysis: Friend and foe; Samsung, Apple won't want to damage parts deal Mon, Aug 27 2012 Related Topics Tech » Media » By Sruthi Ramakrishnan and Shubham Singhal Tue Sep 18, 2012 2:42pm EDT (Reuters) - OCZ Technology Group Inc has changed it top management but efforts to win back investor confidence may take more time as the solid-state hard drive maker, which has not made a profit for nearly a year, has to first fix a supply chain problem. OCZ said on Monday Chief Executive Ryan Petersen has resigned, a month after it announced the retirement of Chief Financial Officer Arthur Knapp. OCZ's shares fell 5 percent to $4.23 on the Nasdaq on Tuesday. "Investor pressure and loss of credibility with the management, because of underperformance in the last three quarters, made the company's board go for this transition," Piper Jaffray & Co analyst Andrew Nowinski said. Petersen has been at the helm of OCZ since 2002 and steered the company to revenue of $365.8 million last year, from less than $10 million when he started. One of OCZ's co-founders, he was credited as an inventor of much of the firm's proprietary technology. However, Benchmark & CO analyst Gary Mobley described Petersen as a "lightning rod of controversy," adding that many investors may be glad to see new leadership. For the last few quarters, earnings at OCZ, which specializes in making high-end storage-media known as solid state drives, has missed analysts' expectations. "OCZ has seen worsening balance-sheet, increasing inventory and negative free cash flow, all of which reflects a weaker-than-expected demand for its products," FBN Securities analyst Shebly Seyrafi said. The company cut its second-quarter revenue estimate this month, citing an industry-wide shortage of components. OCZ blamed a shortage of 25 nanometer (nm) NAND flash components used in making some of its products as suppliers were focusing on meeting the needs of Apple Inc, which analysts estimate buys 25 percent of global production. OCZ had said that it was not the only company affected by the tightening of supply, but rival Stec Inc denied facing any shortage. Analysts add that other players, including peer Fusion-io, are also not facing any kind of shortage and say the real issue is OCZ's planning. "There could be some tightness in 25nm but large SSD manufacturers have more buying power and are probably able to get most of what they need at 25nm," said Kaushik Roy, principal in the Technology Group of Hercules Technology Growth Capital. OCZ declined to comment for this story citing "business relationships that we have with our NAND Flash partners." SHORT-TERM CONTRACTS HURT Analysts say OCZ does not have any long-term supply contracts with its 25 nm NAND supplier, Micron Technology, and that contributes to its supply problems. "Other companies in the market, which depend on NAND components, have contracts in place to ensure supply whenever there is shortage, unlike OCZ," Lazard Capital Markets analyst Edward Parker said. OCZ faced a NAND shortage as it depends solely on Micron, which ran out of 25 nm supply towards the end of the quarter as it needed them to produce its own SSDs, analysts said. Apple's interest in buying a lot of NAND flash for its products was also a factor. "When Apple comes out with new products all the major NAND vendors work overtime to please Apple and that comes at the expense of smaller customers like OCZ, who don't have long-term NAND contracts," Lazard Capital Markets analyst Daniel Amir said. NAND flash memory, used for general storage and transfer of data, is mainly used in solid-state drives, memory cards and USB flash drives. LIKELY ALTERNATIVE OCZ hopes to overcome the 25nm NAND flash shortage by making a transition to 20nm faster than its rivals. 20nm NAND is a newer technology that lowers manufacturing costs while increasing storage density. However, most of its products are based on 25nm and it has not yet started shipping 20nm-based products. OCZ needs to change all its products to support 20nm NAND and get a NAND supply deal as soon as possible to avoid any serious impact on its next quarter, Nowinski said. OCZ had said on a conference call that it expects to benefit from a tightening of supply by being "first in market with certain new NAND technology and to take advantage of a wider short supply situation." Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 19 September 2012
USAID mission in Russia to close following Moscow decision |
French leaders sound alarm over planned Mohammad cartoons |
British fugitive shoots dead two unarmed policewomen |
Fukushima fallout seeps into India's troubled nuclear push |
Exclusive: Bahrain, UAE probe suspicious shipments headed to Iran |
RIM shares rise on Microsoft file technology license deal |
T-Mobile USA, RIM resolve issue that hurt some BlackBerry users |
Microsoft slows dividend growth |
Micron hires senior mobile executive from Nvidia |
YouTube under threat in Russia over Prophet film |
OCZ changes leaders, needs to solve supply chain problem |
Bieber, One Direction top list of young music acts |
Venezuela pop band says Chavez expropriates 'Loser' song |
Mulberry whimsy, abstract Ilincic end London Fashion Week |
Oscar, you've got mail: Electronic voting on tap for 2013 Oscars |
Fashion designers return to elegance in buzzy London |
China clamps down on anti-Japan protests |
Rebels tear down Syrian flag at border post with Turkey |
Analysis: Chinese leaders may come to regret anti-Japan protests |
French weekly publishes Mohammad cartoons |
Germany's big worry: China, not Greece |
China's Xi meets Panetta, wants better military ties with U.S |
Lonmin deal pressures other South Africa mining firms |
Syrian rebels battle Assad forces near Turkish border |
Russia says kills five militants in Ingushetia |
South Korean software mogul to stand for presidency |
Tech lobbying powerhouse set to open doors in Washington |
Hon Hai says to invest about $500 million in new Brazil assembly complex |
Consumer groups to fight AT&T FaceTime restrictions |
UK spy agency tests Britons' cyber skills |
Amazon to close fashion website endless.com |
UK singer Robbie Williams becomes a father |
Round Hill buying Katy Perry, Cee Lo, other song rights: source |
Streisand, Minnelli, Franklin sing for Marvin Hamlisch |
Oscar, you've got mail: Electronic voting on tap for 2013 Oscars |
China implicates Bo Xilai in criminal case |
Russia says U.S. aid mission sought to sway elections |
Syrian rebels take third border crossing to Turkey |
Lonmin deal stirs more South Africa mine strife |
Thousands in Georgia protest against prisoner abuse |
Cancer? What cancer? Chavez's health off radar as vote nears |
Somali rebels reinforce Kismayu, fears of showdown grow |
Private U.S. networks vulnerable to cyber attack: Pentagon |
HTC unveils two Windows phones, several carrier customers |
AT&T says iPhone demand incredible |
Apple, publishers back off in EU e-book antitrust case |
Elop running out of time to turn Nokia around |
RIM lures app makers with Marmalade software |
ZTE, Mozilla aim to roll out mobile operating system in coming months |
Lindsay Lohan arrested for hit and run in New York City |
Upsets, drama in store for TV's big Emmy night |
Danish film spotlights piracy off East Africa |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01