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Chipmaker News

26 Jan 2024

Intel Reports $15.4 Bn In Revenue In Q4, Profit Reaches $2.66 Bn

Intel's consumer chips witnessed 33 percent gains ($8.8 billion revenue) and the company saw “record performance notebook shipments in the quarter.”

22 Mar 2016

Intel mastermind, Silicon Valley statesman Andy Grove dead at 79

The company did not describe the circumstances of his death but Grove, who endured the Nazi occupation of Hungary during World War Two, living under a fake name, and came to the United States to escape the chaos of Soviet rule, had suffered from Parkinson`s.

23 Jul 2015

Qualcomm to cut 4,500 jobs, may split itself up

Qualcomm shares fell 1.8 percent to $63.05 in after-market trading on Wednesday. The stock has lost a fifth of its value in a year.

21 Jul 2015

Qualcomm may consider breakup: Report

The company has been under pressure from hedge fund Jana Partners to spin off its chip business from its highly profitable patent-licensing business.

02 Jun 2015

Intel to buy Altera for $16.7 billion in its biggest deal ever

Intel Corp agreed to buy Altera Corp for $16.7 billion as the world`s biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres.

Intel Corporation

01 Jun 2015

Chipmaker Intel to buy Altera for $16.7 billion

Intel Corp agreed to buy Altera Corp for $16.7 billion as the world`s biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers.

15 Apr 2015

Intel sees revenue holding, cuts capital spending, shares up

"It`s slightly better than feared," said Christopher Rolland, an analyst at FBR Capital markets. "It looks like bottom line impacts are mitigated by better expenses, interest income and taxes."

28 Mar 2015

Chipmaker deal helps Wall Street rebound

Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies.

28 Mar 2015

Intel in talks to buy Altera, shares of firms surge

Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion.

06 Feb 2015

Media Tek keen on expanding business in India

Taiwan-based electronic chip firm Media Tek's Chairman MK Tsai on Friday met Telecom Minister Ravi Shankar Prasad and expressed keen interest in expanding presence in the country.

16 Jan 2015

Intel forecasts disappointing revenue; shares fall

Chipmaker Intel Corp forecast revenue and gross margins for this quarter that disappointed investors, sending its shares down 2.7 percent in extended trading.

02 Dec 2014

Intel to create digital literates across 1,000 panchayats

Intel India has unveiled a digital skills training application, which includes modules on digital literacy, financial inclusion, healthcare and cleanliness in 5 Indian languages.

20 Oct 2014

IBM to pay Globalfoundries to take chip unit

IBM will pay Globalfoundries $1.5 billion in cash over the next three years to take the chip operations off its hands, the companies said in a statement on Monday.

18 Sep 2014

Intel launches two-in-one tablets in India

The tablet comes with a convertible keypad with which it can be used as a laptop also.

16 Sep 2014

Expect 2 mn Android One handsets to be sold in 2014: MediaTek

Chip maker MediaTek on Tuesday said it expects as many as two million handsets to be sold this year in India, the world's second largest market for mobile phones.

09 Sep 2014

Intel launches new processors for data centres

World's largest chipmaker Intel on Tuesday launched a new line of processors for data centres, offering increased performance and lower power consumption.

23 Jul 2014

Broadcom cuts 2,500 jobs in wind-down of baseband unit

The Irvine, California company is the latest chipmaker to abandon the baseband market. Texas Instruments Inc cut 1,700 jobs in 2012 after failing to sell its mobile chip business.

Smartphone chipmaker

13 Jun 2014

Smartphone chipmakers cut customers costs by finding phone components

Suppliers of chips to smartphone makers are taking the unusual step of helping customers procure other phone components such as speakers and camera lenses in a bid to win more business in an increasingly competitive sector.

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