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Feb 10, 2015

Qualcomm to pay $975 million to resolve China antitrust dispute

SAN FRANCISCO/BEIJING (Reuters) – Qualcomm Inc has agreed to pay a fine of $975 million, the largest in China’s corporate history, ending a 14-month government investigation into anti-competitive practices.

The deal – the details of which were first reported by Reuters on Monday – also requires Qualcomm to lower its royalty rates on patents used in China, likely helping local smartphone makers such as Xiaomi Technology Co Ltd [XTC.UL] and Huawei Technologies Co Ltd [HWT.UL].

Feb 9, 2015

Qualcomm pays $975 mln, resolves China antitrust dispute

SAN FRANCISCO/BEIJING, Feb 9 (Reuters) – Qualcomm Inc
has agreed to pay China a fine of $975 million, the
largest in the country’s corporate history, ending a 14-month
government investigation into anti-competitive practices.

The deal also requires Qualcomm to lower its royalty rates
on patents used in China, the U.S. chip-maker said in a
statement.

Feb 3, 2015

ARM Holdings unveils beefed-up smartphone chip design

SAN FRANCISCO (Reuters) – Chip designer ARM Holdings Plc (ARM.L: Quote, Profile, Research)(ARMH.O: Quote, Profile, Research) on Tuesday unveiled a new processor blueprint with improved computing performance and beefed-up graphics aimed at smartphones and tablets to be launched next year.

ARM’s new Cortex-A72 processor design and related technology improvements come as the smartphone industry struggles with cooling demand after years of explosive growth sparked by Apple Inc’s (AAPL.O: Quote, Profile, Research) iPhone in 2007.

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.

    • 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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