Honeywell Inc, Minneapolis has decided to sell its custom semiconductor business in Colorado Springs, Colorado, which employs 1,100 and inter alia makes the chilled CMOS chips used in the Control Data Corp ETA-10 scientific supercomputer, and also chips for its Honeywell Bull Inc affiliate. The decision will result in a significant charge against its fourth quarter figures.
HONEYWELL WILL SELL CUSTOM CHIP ARM; TAKE BIG CHARGE
