Noel's Feed
Dec 13, 2012

Freescale CEO cautious on chip demand

SAN FRANCISCO (Reuters) – Freescale Semiconductor Ltd’s chief executive painted a bleak outlook for chip demand which has been hit by economic uncertainty and said his plans to refocus R&D resources on key businesses would likely pay off with gains in market share in 2015.

Gregg Lowe left Texas Instruments Inc to lead Freescale in June and has embarked on a restructuring that he expects will reverse losses in market share that the chipmaker has suffered in nine of the past 10 years.

Dec 13, 2012

Freescale CEO cautious on chips, eyes turnaround

SAN FRANCISCO (Reuters) – Freescale Semiconductor Ltd’s chief executive painted a bleak outlook for chip demand which has been hit by economic uncertainty and said his plans to refocus R&D resources on key businesses would likely pay off with gains in market share in 2015.

Gregg Lowe left Texas Instruments Inc to lead Freescale in June and has embarked on a restructuring that he expects will reverse losses in market share that the chipmaker has suffered in nine of the past 10 years.

Dec 12, 2012

GlobalFoundries CEO urges Europe to support chip manufacturing

SAN FRANCISCO (Reuters) – Contract chipmaker GlobalFoundries’ chief executive said European governments should offer incentives to build multibillion-dollar advanced manufacturing plants and help keep Asia from reaping the benefits of European innovations.

Speaking at an event in San Francisco on Tuesday, Ajit Manocha said he has tried to convince policymakers to invest more to stimulate chip manufacturing in Europe.

Dec 11, 2012

Intel launches microserver chips, gets nod from Facebook

SAN FRANCISCO, Dec 11 (Reuters) – Intel launched a
data-center chip using low-power technology found in
smartphones, stepping up competition in the nascent microserver
market and winning a nod from Facebook.

The Atom chip rolled out on Tuesday uses much less
electricity than Intel’s previous processors for servers and
comes as Intel’s rivals also eye the low-power server niche.

Dec 10, 2012

Intel says on track to launch smaller mobile chips

SAN FRANCISCO, Dec 10 (Reuters) – Intel presented
new manufacturing technology that it said keeps it on track to
launch a new generation of chips for smartphones and tablets as
it rushes to catch up with Qualcomm and other rivals in
the fast-growing mobile market.

The world’s largest chipmaker dominates the PC industry but
has been slow to adapt its processors for mobile gadgets that
depend on batteries and demand power efficiency.

Dec 7, 2012

Apple, Samsung spar in court, ruling to come

SAN JOSE, California (Reuters) – Apple Inc and Samsung Electronics squared off again in court on Thursday, as the iPhone maker tried to convince a U.S. district judge to ban sales of a number of the South Korean company’s devices and defended its $1.05 billion jury award.

Apple scored a sweeping legal victory in August at the conclusion of its landmark case against its arch-foe, when a U.S. jury found Samsung had copied critical features of the iPhone and iPad and awarded it damages.

Dec 6, 2012

Apple, Samsung face off in court again

SAN JOSE (Reuters) – Apple Inc and Samsung Electronics squared off again in court on Thursday, as the iPhone maker prepares to convince a U.S. district judge to ban sales of a number of the Korean company’s devices and defend a $1.05 billion jury award.

Apple scored a sweeping legal victory in August at the conclusion of its landmark case against its arch-foe, when a U.S. jury found Samsung had copied critical features of the iPhone and iPad and awarded it $1.05 billion in damages.

Dec 4, 2012

Intel sells debt, shares jump on stock buyback hopes

SAN FRANCISCO (Reuters) – Intel Corp shares jumped more than 2 percent on Tuesday as the top chipmaker sold $6 billion in bonds to fund stock buybacks and other business activities.

Intel sold the bonds in a range of maturities from five years to 30 years, according to IFR, a Thomson Reuters unit.

Dec 3, 2012

Oracle sends shareholders cash as tax uncertainty looms

SAN FRANCISCO (Reuters) – Oracle Corp said it would give over $800 million back to shareholders, joining a growing number of companies accelerating dividend payments or declaring special dividends because of uncertainty surrounding the U.S. government’s fiscal plans.

About $600 billion of automatic tax increases and spending cuts are scheduled to come into effect in the United States early next year, which could include higher rates for dividends.

Nov 27, 2012

AMD plans to sell Texas campus to raise cash

SAN FRANCISCO, Nov 27 (Reuters) – Advanced Micro Devices Inc
plans to sell and lease back its Austin, Texas campus to
raise cash and fund its chipmaking business as it diversifies
beyond the troubled PC industry into new markets.

AMD expects to sell the 58-acre site for between $150
million and $200 million and close a deal in the second quarter,
company spokesman Drew Prairie told Reuters 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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