SAN FRANCISCO, March 4 (Reuters) – Steve Mollenkopf, the new
chief executive of Qualcomm, said on Tuesday that the
mobile chipmaker is developing technologies that will drive
continued demand for smartphones even as others worry that the
smartphone market’s best days are behind it.
Mollenkopf, 45, who was previously chief operating officer,
officially took over as chief executive officer at the company’s
annual shareholders meeting on Tuesday. He was named in December
to replace Paul James, the son of a Qualcomm co-founder.
SAN FRANCISCO/VANCOUVER (Reuters) – Some savvy bitcoin investors have a solution to cyber-thieves and instability shaking online exchanges: they print out their virtual savings and hide them in the real world.
The shuttering this week of bitcoin exchange Mt. Gox and fears that hundreds of millions of dollars worth of the virtual currency have been lost or stolen are pushing investors to tighten their security.
SAN FRANCISCO, Feb 26 (Reuters) – Growth in global
smartphone shipments will fall sharply this year and keep
slowing through 2018, with average prices dropping significantly
as demand shifts to China and other developing countries,
according to market research firm IDC.
Annual growth in 2014 is expected to be 19.3 percent and
then decline to 6.2 percent in 2018, IDC said in a report on
Wednesday. That follows a 39.2 percent jump in 2013 when
smartphone shipments topped 1 billion units for the first time.
SAN FRANCISCO/BARCELONA (Reuters) – The world’s biggest mobile brands will jostle for the spotlight at the premier mobile industry event this week in Spain, but away from the glitzy displays chipmakers will be preoccupied with China, the largest mobile market on the planet.
From Qualcomm and Intel to MediaTek, Marvell and Broadcom, the suppliers of the crucial components that power smartphone applications and drive high-speed wireless connections are scrambling to capitalize on opportunities taking shape as Chinese brands and telecoms carriers such as China Mobile gear up for 4G LTE, or Long-Term Evolution.
SAN FRANCISCO, Feb 18 (Reuters) – Intel Corp
unveiled a new high-end processor aimed at boosting lackluster
demand from corporate customers like banks and retailers.
With Intel’s core market of personal computers shrinking,
the chipmaker’s server business is becoming increasingly
important. But its growth has recently fallen short of
SAN FRANCISCO (Reuters) – Graphics chipmaker Nvidia Corp has halted plans to build a flashy new campus that could have rivaled the architectural ambitions of major Silicon Valley neighbors like Facebook Inc and Apple Inc.
Nvidia said a year ago it would use property it owns across the street from its current headquarters in Santa Clara, California, to construct one, and eventually two, eco-friendly buildings in the shape of triangles. The triangle is a basic building block in video game graphics.
SAN FRANCISCO (Reuters) – Nvidia Corp (NVDA.O: Quote, Profile, Research, Stock Buzz) on Wednesday posted higher fourth-quarter revenue that beat expectations, fueled by the graphics chipmaker’s PC gaming components, even as it grapples with an expansion beyond computers and into mobile devices.
With the personal computer industry losing steam, Nvidia has expanded its graphics chips into mobile devices. But it is meeting stiff competition from larger Qualcomm Inc (QCOM.O: Quote, Profile, Research, Stock Buzz) and has responded by increasing its focus on automotive markets and other areas.
SAN FRANCISCO (Reuters) – Qualcomm Inc, the world leader in smartphone microchips, may want to shore up its defensive tactics.
Taiwan’s MediaTek Inc, the leading chip supplier for Chinese smartphones, is barreling into the U.S. market with a new major global branding campaign and setting up shop in San Diego, California, home to Qualcomm.
SAN FRANCISCO (Reuters) – Intel Corp, wrestling with shrinking personal computer sales and struggling to expand into mobile devices, said on Monday it was tightening its compensation policy to make senior executives more accountable.
The steps to push executives to perform better were the latest indication that Chief Executive Officer Brian Krzanich, who took over almost a year ago, is streamlining the chipmaker in the face of slow demand.
SAN FRANCISCO (Reuters) – Broadcom on Thursday posted fourth-quarter revenue and profits that were down from a year earlier, but the results slightly exceeded expectations of Wall Street analysts concerned about tepid smartphone sales.
The chipmaker reported fourth-quarter revenue of $2.06 billion, down 0.8 percent from the year-ago period. It said revenue in the first quarter would be between $1.9 billion and $2.0 billion.