SAN FRANCISCO, Jan 18 (Reuters) – Intel Corp’s
decision to spend $13 billion in 2013 to develop and build
future manufacturing technology has not gone down well on Wall
Street but it may be necessary if it wants to stay on top of
rivals in coming years.
The top chipmaker’s shares slumped nearly 7 percent on
Friday, a day after executives said the company would increase
2013 capital spending from an already dizzying $11 billion.
SAN FRANCISCO, Jan 17 (Reuters) – Intel Corp
forecast quarterly revenue that disappointed Wall Street and a
sharp increase in capital spending it plans for 2013 unnerved
investors already concerned about slow demand for personal
Shares of the world’s leading chipmaker slid more than 5
percent in after-hours trade on Thursday after it projected this
year’s capital spending at $13 billion, plus or minus $500
million, exceeding many analysts’ estimates for about $10
SAN FRANCISCO, Jan 17 (Reuters) – Intel Corp
forecast current-quarter revenue slightly below expectations but
its gross margin outlook satisfied Wall Street, as the personal
computer industry grapples with falling sales and a shift toward
tablets and smartphones.
PC makers are struggling to stop a decline in sales as
consumers hold off on buying new laptops in favor of spending on
more nimble mobile gadgets.
SAN FRANCISCO (Reuters) – Personal computer makers, trying to beat back a tablet mania that’s eating into their sales, are making what may be a last-ditch attempt to sway customers by mimicking the competition.
Many of the laptops to be unveiled around the world in coming months will be hybrids or “convertibles” – morphing easily between portable tablets and full-powered laptops with a keyboard, industry analysts say.
LAS VEGAS (Reuters) – Ever wish the GPS on your smartphone worked inside a shopping mall or in a downtown chasm surrounded by office towers?
InvenSense (INVN.N: Quote, Profile, Research, Stock Buzz), which makes gyroscopes and other motion sensors, plans to sell chips within a couple of years that let smartphones guide their owners up and down escalators, through subway stations and up to specific cubicles within skyscrapers – all places that GPS signals do not currently work well.
LAS VEGAS (Reuters) – A senior executive at Advanced Micro Devices said the chipmaker’s plan to expand beyond the struggling PC market has involved a difficult shift in company culture but is well under way.
Lisa Su, AMD’s Senior Vice President and General Manager of Global Business Units, told Reuters at the Consumer Electronics show in Las Vegas that veteran engineers who for years have specialized in designing PC chips based on Intel’s “x86″ architecture are warming to new ways of doing things.
LAS VEGAS (Reuters) – Nvidia offered a sneak preview of a hand-held gaming device, powered by its latest “Tegra 4″ processor, that it hopes will help it go up against Sony Corp, Microsoft Corp and other device makers in consumer gaming.
Called “Project Shield”, the device – a cross between the controller familiar to most console gamers and a small tablet display – will be sold direct to consumers, an unusual move for a company best known for computer graphics cards and mobile processors.
LAS VEGAS, Jan 7 (Reuters) – Top chipmaker Intel Corp
on Monday announced shipments of a new low-power chip
and showed off next-generation ultra thin laptops and
convertible tablets in its latest bid to prove that the
struggling PC industry still has a bright future.
At the 2013 Consumer Electronics Show in Las Vegas , Intel
said new energy-efficient processors for tablets and laptops are
available now, and it outlined features like voice recognition
and drastically improved battery life on future PCs.
LAS VEGAS, Jan 6 (Reuters) – Chipmaker Nvidia
showed off its newest Tegra mobile processor, its next step in
its expansion into tablets and smartphones and also unveiled a
new hand-held game device.
The Tegra 4 chip, with four central processing cores, will
be Nvidia’s first to include LTE technology for high-speed
telecommunication networks, Chief Executive Jen-Hsun Huang said
at a press conference in Las Vegas on Sunday ahead of the
Consumer Electronics Show.
SAN FRANCISCO/NEW YORK (Reuters) – At the world’s largest technology conference that kicks off on Monday, the most intriguing innovations showcased may be gadgets and technology that turn everyday items into connected, smarter machines.
This year’s Consumer Electronics Show in Las Vegas promises a new generation of “smart” gadgets, some controlled by voice and gestures, and technology advancements in cars, some of which already let you dictate emails or check real-time gas prices.