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Silicon Glen is the nickname given to the high tech sector of Scotland, the name inspired by Silicon Valley in California. It is applied to the Central Belt triangle [ 1 ] between Dundee , Inverclyde and Edinburgh , which includes Fife , Glasgow and Stirling ; although electronics facilities outside this area may also be included in the term.
Silicon Forest (Newark, Nottinghamshire): Silicon Forest consists of various businesses from in and around the Newark and Sherwood area that specialise in technology and innovation. Silicon Glen (Central Belt, Scotland) Silicon Gorge (Bristol, England) Silicon Mall (London, England): the area between Pall Mall and Victoria in London
Cirrus Logic – sold its video chip assets; Integrated Information Technology – reverted to a video-conferencing solutions company, and then later a VoiP service provider; PowerVR – focusing on mobile graphics technologies; Realtek – no longer makes graphics chips; Silicon Integrated Systems (SIS) – sold its video chip assets to XGI
A 1993 dynamic random-access memory (DRAM) chip famine was caused by a factory explosion at the factory which produced 60% of the world's supply of resin used in chips. [15] From 1993 to 1994, there was a glut of chips and companies lost incentive to build new leading-edge factories.
1994 — The United States hosts the FIFA World Cup, which is won by Brazil. 1995 — Oklahoma City bombing kills 168 and wounds 800. The bombing is the worst domestic terrorist incident in U.S. history, and the investigation results in the arrests of Timothy McVeigh and Terry Nichols.
The wealth inequality in Silicon Valley is more pronounced than in any other region of the United States. A 2023 report found that the aggregate household wealth of Silicon Valley (including ultra-high net worth individuals ) was nearly $1.1 trillion, and less than 1% of the Valley's population held 36% of the wealth. [ 94 ]
For much of its history, the company focused on 3D imaging and was a major supplier of both hardware and software in this market. Silicon Graphics reincorporated as a Delaware corporation in January 1990. Through the mid to late-1990s, the rapidly improving performance of commodity Wintel machines began to erode SGI's stronghold in the 3D market.
During the 1990s, members of the entrepreneurial class in the information technology industry in Silicon Valley vocally promoted an ideology that combined the ideas of Marshall McLuhan with elements of radical individualism, libertarianism, and neoliberal economics, using publications like Wired magazine to promulgate their ideas.