Noel's Feed
Jan 29, 2014

Qualcomm posts higher first-quarter revenue, says year on track

SAN FRANCISCO (Reuters) – Leading mobile chipmaker Qualcomm Inc (QCOM.O: Quote, Profile, Research, Stock Buzz) posted higher fiscal first-quarter revenue that slightly missed expectations as smartphone growth shifted to China but it bumped up its full-year earnings outlook on the strong start to 2014.

With growth in the smartphone industry moving away from wealthy markets such as the United States and toward China and other emerging economies, where consumers favor less expensive devices, Qualcomm has been focusing on costs to preserve its profit margins.

Jan 28, 2014

Facebook cites progress on low-power server technology

, Jan 28 (Reuters) – Facebook Inc’s
executive in charge of revolutionizing data centers on Tuesday
lauded low-energy server technology that is expected to compete
against heavyweight Intel Corp.

The social networking firm’s three-year push to help
companies design better data center gear is gaining momentum and
paying off with a range of cost-saving improvements, Open
Compute Project head Frank Frankovsky told an industry
conference here.

Jan 28, 2014

Facebook eyes options for low-power server technology

SAN JOSE, California (Reuters) – Facebook Inc’s hardware whiz in charge of revolutionizing data centers lauded on Tuesday low-energy server technology which is expected to compete against heavyweight Intel Corp.

Speaking at a conference in San Jose, California, on Tuesday, Open Compute Project head Frank Frankovsky said Facebook’s three-year push to help companies design better data center gear was gaining momentum and paying off with a range of cost-saving improvements.

Jan 23, 2014

Qualcomm acquires patents from HP to bulk up portfolio

By Noel Randewich

(Reuters) – Chipmaker Qualcomm Inc acquired a patent portfolio from Hewlett-Packard Co, including those of Palm Inc and its iPaq smartphone, in a move that will bulk up HP’s offerings to handset makers and other licensees.

The portfolio comprises about 1,400 granted patents and pending patent applications from the United States and about 1,000 granted patents and pending patent applications from other countries, including China, England, Germany, Japan and South Korea.

Jan 23, 2014

Tencor’s second-quarter revenue meets expectations

SAN FRANCISCO, Jan 23 (Reuters) – KLA-Tencor Corp
reported higher fiscal second-quarter revenue that met analysts’
expectations as chipmakers implementing cutting-edge technology
bought more process control tools.

Buoyed by booming mobile device sales, leading contract
manufacturer TSMC has been preparing new cutting-edge
manufacturing lines, boosting demand for KLA-Tencor’s products,
which are used to measure the effectiveness of complicated
manufacturing processes and reduce defects.

Jan 23, 2014

SanDisk revenue outlook fails to inspire, sees lower chip price

SAN FRANCISCO, Jan 22 (Reuters) – SanDisk Corp
posted higher fourth-quarter profits but gave a revenue outlook
that fell short of some analysts’ expectations and said memory
chip prices would fall more this year than in 2013.

The stock rose modestly after the results were released, but
turned lower after Chief Financial Officer Judy Bruner warned
about weaker chip prices during a conference call with analysts.

Jan 22, 2014

Memory chipmaker SanDisk’s fourth-quarter profit, revenue beat Street

SAN FRANCISCO (Reuters) – Memory chipmaker SanDisk (SNDK.O: Quote, Profile, Research, Stock Buzz) said on Wednesday its fourth-quarter profit and revenue exceeded expectations as the adoption of solid-state drives helped boost demand for its chips.

SanDisk, which sells chips to device makers of smartphones, cameras and other mobile devices, is increasingly using NAND chips in its own branded solid-state drives that are sold directly to companies and consumers.

Jan 22, 2014

Memory chipmaker SanDisk’s 4th-qtr profit, revenue beat Street

SAN FRANCISCO, Jan 22 (Reuters) – Memory chipmaker SanDisk
said on Wednesday its fourth-quarter profit and revenue
exceeded expectations as the adoption of solid-state drives
helped boost demand for its chips.

SanDisk, which sells chips to device makers of smartphones,
cameras and other mobile devices, is increasingly using NAND
chips in its own branded solid-state drives that are sold
directly to companies and consumers.

Jan 22, 2014

Texas Instruments to cut 1,100 jobs worldwide

SAN FRANCISCO (Reuters) – Texas Instruments Inc plans to cut 1,100 jobs in the United States, Japan and India, or about 3 percent of its global workforce, in a corporate restructuring to save $130 million by the end of 2014.

The U.S. chipmaker, which in 2012 announced it would lay off 1,700 people as it wound down its mobile processor business, said on Tuesday it wanted to reduce expenses in its embedded-processing division and in Japan.

Jan 21, 2014

Texas Instruments to cut 1,100 jobs

SAN FRANCISCO (Reuters) – Texas Instruments Inc (TXN.O: Quote, Profile, Research, Stock Buzz) plans to cut 1,100 jobs worldwide as part of a corporate restructuring intended to help it save $130 million by the end of 2014.

The U.S. chipmaker, which in 2012 announced it would lay off 1,700 people as it wound down its mobile processor business, said on Tuesday it wanted to reduce expenses in its embedded-processing division and in Japan.

    • 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."
    • Follow Noel