SAN FRANCISCO (Reuters) – Memory chipmaker Micron Technology gave a quarterly revenue forecast on Tuesday that missed Wall Street’s expectations, hurt by an output drop as it upgrades DRAM production lines, and its shares fell.
Micron, which makes DRAM and NAND chips for personal computers, smartphones, servers and other devices, said in a statement that its revenue rose 13 percent to $4.57 billion in its first quarter, which ended on Dec 4.
SAN FRANCISCO (Reuters) – Two of three global industry groups vying to establish a dominant standard for wireless charging technology have agreed to merge, bringing consumers a small step closer to throwing away their smartphone power cords.
The Alliance for Wireless Power, backed by Intel (INTC.O: Quote, Profile, Research, Stock Buzz), Qualcomm (QCOM.O: Quote, Profile, Research, Stock Buzz) and Samsung Electronics (005930.KS: Quote, Profile, Research, Stock Buzz), and Power Matters Alliance, a second group, said on Monday they would join in a new entity aimed at accelerating the adoption of wireless charging in consumer devices.
SAN FRANCISCO (Reuters) – Qualcomm on Monday unveiled easy-to-use blueprints to help manufacturers make LED light bulbs that use the chipmaker’s wifi technology to connect to the Internet.
“Smart” light bulbs and other gadgets from thermostats to door locks packed with chips and sensors can be controlled remotely or programmed to turn on and off at different times or when people enter or leave their homes.
(Reuters) – Chipmaker Nvidia on Sunday unveiled a new processor aimed at powering high-end graphics on car dashboards as well as sophisticated auto-pilot systems.
At an event in Las Vegas ahead of the Consumer Electronics Show, Nvidia Chief Executive Jen-Hsun Huang said the Tegra X1 chip would provide enough computing horsepower for automobiles with displays built into mirrors, dashboard, navigation systems and passenger seating.
SAN FRANCISCO/BEIJING, Dec 29 (Reuters) – The settlement of
China’s anti-trust probe into Qualcomm Inc is likely to
intensify global scrutiny of the firm’s highly profitable patent
licensing business, and may even call into question its
worldwide contracts with smartphone makers such as Apple and
China’s National Development and Reform Commission (NDRC) is
moving to wrap up its 13-month investigation into the U.S.
chipmaker as soon as possible, the regulator said in a statement
on Friday, bringing to an end one of the most high profile of a
slew of such investigations by Beijing into western firms.
/NEW YORK (Reuters) – The head of the New York Police Department vowed on Tuesday to repair relations with poor and minority communities following the death of a suspect, even as protests over police violence flared across the United States.
The department will retrain its members in nonviolent ways of making arrests, Police Commissioner William Bratton said, adding that he had taken a non-confrontational approach to protests over a grand jury’s decision not to charge the officer involved in the controversial chokehold case.
SAN FRANCISCO (Reuters) – Intel Corp on Tuesday unveiled a new platform to make it easier for companies to create Internet-connected smart products using its chips, security and software.
Intel’s platform is like a set of building blocks based on the chipmaker’s components and software for companies to create smart, connected devices, Doug Davis, head of Intel’s Internet of Things business, said at a launch event in San Francisco.
/NEW YORK (Reuters) – More than 150 protesters were arrested in California overnight after shutting down a major freeway in another outbreak of nationwide demonstrations against police use of deadly force on minorities.
Across the other side of the country late on Monday, basketball stars in New York including Cleveland Cavaliers forward LeBron James joined the protests by wearing shirts emblazoned with “I can’t breathe” — the last words of Eric Garner, a black man who died after a police chokehold.
SAN FRANCISCO/WASHINGTON (Reuters) – Silicon Valley expects President Barack Obama to make life a little easier for foreign workers, but tech industry representatives were disappointed that his immigration rule changes will not satisfy longstanding demands for more visas and faster green cards for high-skilled employees.
Obama, in a speech to be broadcast at 8 p.m. EST on Thursday, was to outline plans to use his executive authority to help millions of undocumented people. He was also expected to announce minor adjustments that could cut through some red tape for visa holders and their families, including letting the spouses of certain H-1B holders get work permits.
SAN FRANCISCO, Nov 20 (Reuters) – Intel, helped by
a stabilizing personal computer market, gave a revenue outlook
for 2015 that was above Wall Street’s expectations and also
raised its dividend, sending its shares higher.
In a press release on Thursday, Intel said it expects
revenue to grow by a mid-single digit percentage next year.
Analysts on average have been forecasting 3.4 percent revenue
growth for 2015.