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May 21, 2013

Intel CEO shakes up units, creates ‘new devices’ group

SAN FRANCISCO, May 21 (Reuters) – Intel Corp’s new
chief executive, Brian Krzanich, has launched a sweeping company
reorganization and created a unit aimed at growing its market
share in future mobile technologies.

The shakeup, announced internally just days after the
30-year veteran took the helm, places most of the main product
groups of the world’s top chipmaker directly under the CEO’s
supervision and hands its sprawling global manufacturing
operation to new president Renee James, said a source close to
the company, who declined to be identified.

May 21, 2013

Exclusive: Intel CEO shakes up units, creates “new devices” group – source

SAN FRANCISCO (Reuters) – Intel Corp’s new chief executive, Brian Krzanich, has reorganized key business groups and created a “new devices” unit, according to a source who has seen an internal email, shaking up the world’s top chipmaker days after formally assuming control.

The chipmaker’s main product groups – including the PC client group, mobile communications and data center unit that previously reported to Intel Architecture group chief Dadi Perlmutter – now report directly to Krzanich, the source said, citing the email sent to employees.

May 21, 2013

Intel CEO shakes up units, creates ‘new devices’ group -source

SAN FRANCISCO, May 21 (Reuters) – Intel Corp’s new
chief executive, Brian Krzanich, has reorganized key business
groups and created a “new devices” unit, according to a source
who has seen an internal email, shaking up the world’s top
chipmaker days after formally assuming control.

The chipmaker’s main product groups – including the PC
client group, mobile communications and data center unit that
previously reported to Intel Architecture group chief Dadi
Perlmutter – now report directly to Krzanich, the source said,
citing the email sent to employees.

May 18, 2013

America’s Cup team calls for changes to make regatta safer

ALAMEDA, California (Reuters) – The head of the Italian sailing team in the America’s Cup called on Friday for lowering limits on wind speeds and other safety measures to make the regatta less dangerous following a deadly accident last week.

Prada fashion house co-founder Patrizio Bertelli said if the other three participants cannot agree on ways to improve safety, his team Luna Rossa Challenge could withdraw from the international competition due to get underway in San Francisco Bay in July.

May 17, 2013

America’s Cup sailing suspended for review of boats and dangers

SAN FRANCISCO (Reuters) – Clouds hung over the America’s Cup sailing regatta on Friday after investigators asked the teams to temporarily halt practicing on blustery San Francisco bay following a deadly accident last week.

Organizers have said races will go ahead in July, despite growing public concerns over safety after a British champion sailor was killed when one of the sleek, ultra-fast AC72 catamarans built for the competition capsized and broke apart last Thursday.

May 16, 2013

Applied Materials says smartphone-chip demand to aid revenue

SAN FRANCISCO (Reuters) – Applied Materials (AMAT.O: Quote, Profile, Research, Stock Buzz), a maker of equipment used to manufacture chips, said on Thursday that demand for smartphone chips will help increase its revenues slightly in the current quarter and offset slowing demand from manufacturers hurt by slumping PC sales.

Contract manufacturers and companies making NAND flash memory chips are getting a lift from the proliferation of mobile devices and are driving demand for new equipment, Applied Materials executives told analysts on a conference call.

May 16, 2013

New CEO vows Intel will be more responsive in mobile push

SAN FRANCISCO (Reuters) – Intel Corp’s new CEO Brian Krzanich said on Thursday that under his leadership the top chipmaker will be more responsive to customers in an intensified focus on the fast-growing smartphone and tablet market where it lags its rivals.

Krzanich took over as chief executive at Intel’s annual shareholders meeting, replacing Paul Otellini, who in November unexpectedly announced his plan to retire. Under Otellini, Intel has been sidelined in smartphones and tablets while demand for its PC processors is on the wane.

May 15, 2013

America’s Cup regatta to go on following fatal accident

SAN FRANCISCO (Reuters) – The America’s Cup sailing regatta will go ahead, organizers said on Tuesday, following concerns about safety due to the death of a sailor in a training accident last week.

Regatta organizers said they hope within two weeks to complete an investigation of last Thursday’s accident that led to the death of British champion sailor Andrew Simpson, a two-time Olympic medalist. Simpson was trapped underwater after the Artemis Racing team’s 72-foot catamaran capsized and broke apart in a training run.

May 15, 2013

Sailing-America’s Cup regatta to go on following fatal accident

SAN FRANCISCO, May 14 (Reuters) – The America’s Cup sailing regatta will go ahead, organizers said on Tuesday, following concerns about safety due to the death of a sailor in a training accident last week.

Regatta organizers said they hope within two weeks to complete an investigation of last Thursday’s accident that led to the death of British champion sailor Andrew Simpson, a two-time Olympic medalist. Simpson was trapped underwater after the Artemis Racing team’s 72-foot catamaran capsized and broke apart in a training run.

May 14, 2013

Nvidia targets enthusiasts with hand-held game gadget

SAN FRANCISCO (Reuters) – Chipmaker Nvidia said it will start shipping a hand-held gaming device in June, a bid to use its appeal with PC game enthusiasts to challenge console makers like Sony Corp and Microsoft Corp.

SHIELD, which was announced in January and uses Nvidia’s Tegra 4 mobile processors, will be priced at $349, the company said in a release on Tuesday.

    • 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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