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House Democrats Claim Computer Chip Deal May Hurt Small U.S. Firms.(Originated from Contra Costa Times, Walnut Creek, Calif.)
Knight Ridder/Tribune Business News, October, 1997 by Weiss, Peter
LIVERMORE, Calif.--Oct. 10--A foursome of high-ranking, Democratic congressmen Thursday attacked a landmark, $250 million computer-chip-technology deal announced last month between the East Bay's national labs, Intel Corp. and other U.S. chipmakers.
In a letter to Energy Secretary Federico Pena, members of the House Science and Commerce committees charged the deal could be a boon to foreign makers of chip-making equipment at the expense of smaller, weaker U.S. firms.
They also denounced another preliminary Lawrence Livermore Laboratory agreement unveiled in September. In that deal, the lab expects to receive $30 million in the next four or five years from Australian firms for developing an innovative energy storage technology known as...
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