Rather than being seen as a sign of desperation, this should be viewed instead as a mid-course correction to offset the impact of the restrictive monetary policy that the country has implemented over the past two years.

FORBES: China Reaches Into Its Monetary Tool Kit

Processor demand is likely to slow over the course of the year to offset shipments well in excess of demand in the first quarter.

FORBES: Goldman Says Sell Intel; Also Wary On Semi Equipment Stocks

Previous quarterly write downs were offset by gains on hedging, but that hedge has reversed course in this quarter, the company said last month.

FORBES: Lehman Doesn't Need The Money