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Jan 29, 2015

Broadcom’s fourth-quarter results exceed expectations

SAN FRANCISCO, Jan 29 (Reuters) – Broadcom Corp
posted fourth-quarter results on Thursday that exceeded Wall
Street’s expectations as the Apple supplier increased its focus
on Wi-Fi and broadband chips, sending its shares higher.

The chipmaker’s results appeared to be supported by strong
sales at key customer Apple Inc, which this week said
it sold 74.5 million iPhones in its fiscal first quarter,
trampling expectations.

Jan 29, 2015

Intel says corporations buying more high-end PCs

SAN FRANCISCO, Jan 29 (Reuters) – Companies replacing older
PCs are increasingly choosing ones with high-end features aimed
at improved security and employee efficiency, according to a
senior Intel Corp executive.

Intel’s “vPro” processors account for a fifth of the
chipmaker’s corporate PC business and that proportion is
growing, Tom Garrison, Intel’s vice president and general
manager of business client platforms, recently told Reuters.

Jan 28, 2015

Qualcomm says key customer passed on new chip, stock drops

SAN FRANCISCO (Reuters) – Qualcomm Inc reduced its outlook for fiscal 2015, saying it expects its newest Snapdragon mobile chip will not be used in a major customer’s flagship smartphone, sending its shares lower.

The San Diego, California, company also warned that “challenges” with another of its chips had hurt its competitiveness in China, where Qualcomm has been disappointed with growth that has fallen short of expectations.

Jan 28, 2015

Qualcomm cuts outlook after new chip skipped by big customer

SAN FRANCISCO, Jan 28 (Reuters) – Qualcomm Inc
reduced its outlook for fiscal 2015, saying it expects its
newest Snapdragon mobile chip will not be used in a major
customer’s flagship smartphone, sending its shares lower.

The chipmaker said in a statement on Wednesday it expects
fiscal 2015 revenue between $26.0 billion and $28.0 billion,
down from a previous estimate of between $26.8 billion and $28.8
billion.

Jan 28, 2015

Qualcomm cuts fiscal 2015 outlook after new chip skipped by big customer

SAN FRANCISCO (Reuters) – Qualcomm Inc (QCOM.O: Quote, Profile, Research) reduced its outlook for fiscal 2015, saying it expects its newest Snapdragon mobile chip will not be used in a major customer’s flagship smartphone, sending its shares lower.

The chipmaker said in a statement on Wednesday it expects fiscal 2015 revenue between $26.0 billion and $28.0 billion, down from a previous estimate of between $26.8 billion and $28.8 billion.

Jan 28, 2015

Freescale revenue outlook pushes shares higher as CEO talks cars

SAN FRANCISCO (Reuters) – Freescale Semiconductor Ltd (FSL.N: Quote, Profile, Research) gave a revenue forecast for the current quarter above Wall Street’s expectations, and its shares rose 12 percent in extended trade as its chief executive pointed to growing demand from automobile makers for its chips.

The company, based in Austin, Texas, said in a statement on Tuesday that it expects net sales in the first quarter between $1.135 billion and $1.185 billion. Analysts, on average, are expecting net sales of $1.114 billion for the first quarter, which ends in March, according to Thomson Reuters I/B/E/S.

Jan 26, 2015

Texas Instruments’ profit rises, helped by auto industry

SAN FRANCISCO, Jan 26 (Reuters) – Texas Instruments Inc
reported higher fourth-quarter results on Monday and
gave a revenue outlook for the current quarter in line with
expectations, helped by growing demand for chips from the auto
industry.

The company posted fourth-quarter revenue of $3.27 billion,
up 8 percent from the year-ago period and slightly above Wall
Street forecasts as it deepened its focus on analog and embedded
chips.

Jan 20, 2015

Intel’s diversity drive should focus on internal changes, advocates say

SAN FRANCISCO (Reuters) – When Intel Corp (INTC.O: Quote, Profile, Research) said this month it would spend $300 million on increasing diversity in its workforce, Silicon Valley lauded its plan to improve the “pipeline” of candidates by helping more women and minorities study computer science and engineering.

But focusing too hard on the pipeline, a frequent tactic of technology firms seeking to change their workforce, will benefit the chipmaker less than working on what happens inside Intel, diversity advocates say.

Jan 12, 2015

Chipmaker AMD says three senior executives stepping down

SAN FRANCISCO (Reuters) – Chipmaker Advanced Micro Devices announced the departure of three senior executives on Monday following recent layoffs and the appointment of a new CEO.

John Byrne, General Manager of AMD’s Computing and Graphics Business Group is leaving, as are Chief Marketing Officer Colette LaForce and Chief Strategy Officer Raj Naik, the company said in a press release.

Jan 8, 2015

U.S. news media avoid Islam cartoons linked to deadly attack

By Noel Randewich

(Reuters) – Leading U.S. news outlets mostly declined to show controversial cartoons of the Muslim Prophet Mohammad on Wednesday after suspected Islamist gunmen in Paris killed 12 people at the French satirical magazine Charlie Hebdo.

Online news sources the Daily Beast and Slate published the cartoons, but major U.S. publications, including the New York Times, the Wall Street Journal, Reuters and the Associated Press, did not. Some said their guidelines call for avoiding publishing images or other material intended at offending religious sensibilities.

    • 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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