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Sep 7, 2013

Oracle and New Zealand face off in America’s Cup finals

SAN FRANCISCO (Reuters) – The 34th America’s Cup sailing regatta enters its final stretch with the kick off of racing on San Francisco Bay on Saturday, with billionaire Larry Ellison’s Oracle Team USA, hobbled by a cheating penalty, trying to fend off a formidable challenge for the famous silver trophy by Emirates Team New Zealand.

The Cup finals, a best-of-17 series that kicks off with the first starting signal scheduled at 1:15 p.m PDT (2015 GMT), culminate a year of preliminary racing plagued by controversies including dangerous catamarans, a fatal accident and accusations of mismanagement.

Sep 4, 2013

Qualcomm jumps into ‘wearables’ fray with Toq smartwatch

SAN DIEGO, Sept 4 (Reuters) – Qualcomm Inc has
unveiled the Toq, a smartwatch that can play music and handle
phone calls and messages, and said it would start selling the
device in the fourth quarter, marking the chipmaker’s entry into
the emerging arena of wearable computing.

The company, which dominates the global market for
applications processors for smartphones and tablets, introduced
the device on Wednesday in a bid to showcase its own technology
to manufacturers as Samsung Electronics Co Ltd
unveiled its own much-anticipated “Galaxy Gear” in Berlin.

Sep 4, 2013

Intel ships overhauled low-power chips for data centers

SAN FRANCISCO (Reuters) – Intel Corp has started shipping data-center chips that are based on a major overhaul of its low-power Atom line, in a bid to defend its territory from an incursion by British rival ARM Holdings Plc.

The Santa Clara, California, company said on Wednesday the new Atom chips, which are meant for microservers, networking equipment and storage at major cloud-computing providers, perform six times better than previous versions.

Sep 1, 2013

Future America’s Cup sailors seek national bragging rights in Youth Cup

SAN FRANCISCO, Sept 1 (Reuters) – Ten catamarans from eight countries battled in scrappy fleet races on San Francisco Bay on Sunday in the Red Bull Youth America’s Cup, with American and New Zealand sailors dominating the first day of the regatta.

That was one of the few parallels with the coming final competition for the 162-year old trophy between Oracle Team USA and Emirates Team New Zealand that starts September 7.

Aug 29, 2013

Outlook for PC shipments worsens: IDC

SAN FRANCISCO (Reuters) – The outlook for the struggling personal computer industry is worse than was previously believed, according to market research firm IDC, which on Thursday cut its 2013 forecast for global PC shipments for at least the second time.

Worldwide shipments of PCs are likely to fall 9.7 percent this year as consumers continue to favor mobile gadgets, IDC said in a report.

Aug 23, 2013

Intel Media opens offices in LA, New York in TV push

SAN FRANCISCO (Reuters) – Intel Corp’s media arm is opening offices in New York and Los Angeles as the company pushes ahead with an Internet television service that it plans to launch later this year, an Intel spokesman said on Friday.

Setting up shop in Los Angeles’ Santa Monica and New York’s Nolita brings Intel closer to the major TV networks and production studios that the world’s biggest chipmaker must strike deals with to gather content for its live and on-demand service, Intel spokesman Jon Carvill said.

Aug 19, 2013

Mechanical snafu again mars America’s Cup racing

SAN FRANCISCO (Reuters) – Italy’s Luna Rossa Challenge suffered a mechanical breakdown in the third race of the America’s Cup challenger finals on Monday, handing Emirates Team New Zealand a point and deepening concerns about the fragility of the high-tech AC72 catamarans being used in this year’s version of the venerable regatta.

It was the third consecutive race in which a mechanical malfunction crippled one of the competitors and handed a victory to the team that managed to cross the finish line.

Aug 19, 2013

Sailing-Mechanical snafu again mars America’s Cup racing

SAN FRANCISCO, Aug 19 (Reuters) – Italy’s Luna Rossa Challenge suffered a mechanical breakdown in the third race of the America’s Cup challenger finals on Monday, handing Emirates Team New Zealand a point and deepening concerns about the fragility of the high-tech AC72 catamarans being used in this year’s version of the venerable regatta.

It was the third consecutive race in which a mechanical malfunction crippled one of the competitors and handed a victory to the team that managed to cross the finish line.

Jul 25, 2013

Tencor forecasts weak revenue as PC sales slump

SAN FRANCISCO (Reuters) – KLA-Tencor Corp (KLAC.O: Quote, Profile, Research, Stock Buzz) forecast current-quarter revenue below expectations as slumping personal computer sales hurt demand for new chip-manufacturing gear, sending its shares lower.

Chief Executive Rick Wallace told analysts on a conference call on Thursday he expects new demand from memory chipmakers and contract manufacturers in the September quarter to only partly offset less business from makers of microprocessors and other logic chips.

Jul 24, 2013

Qualcomm quarterly revenue beats Street; stock up

SAN FRANCISCO (Reuters) – Shares of Qualcomm Inc (QCOM.O: Quote, Profile, Research, Stock Buzz) rose more than 3 percent after the leading mobile chipmaker posted third-quarter results that met expectations and eased concerns about slower growth of smartphone sales.

Few semiconductor companies have benefited more from the mobile revolution than Qualcomm, but the supplier of chips for Apple Inc’s (AAPL.O: Quote, Profile, Research, Stock Buzz) iPhones and Android devices has begun to face pressure as growth in smartphone sales shifts to Asia.

    • About Noel

      "Based in Thomson Reuters' San Francisco news bureau, Noel Randewich covers the semiconductor industry and the growing use of microchips in everything from smartphones to home energy management. Prior to his San Francisco posting, Mr Randewich spent a decade covering emerging markets news in Mexico City."
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