Imagination Technologies gets more investments from Apple
Apple has further invested in U.K. chip company, Imagination Technologies.
Apple has now acquired another 2.2 million shares in the company for a total ownership of around 9.5%.
This latest investment was around 3.14 million pounds.
The company uses Imagination’s SGX GPU in their recently launched Apple iPhone 3GS smartphone device.
Sources say [...]
AMD stock gets a boost from splitting news
AMD has just announced that they are splitting their operations into two entities as part of a deal with Abu Dhabi government.
The new helped the AMD stock gain in the stock market as it rose by 17 percent, to $4.93 in the New York Stock Exchange.
Analysts believe that [...]
Phil Hester leaves AMD as its CTO
Advanced Micro Devices Inc. has revealed that their chief technical officer Phil Hester is leaving the company.
He has now become the third top level executive in the company to quit the company in the recent times.
AMD representative said in a statement that Hester has resigned to pursue other opportunities.
He [...]
AMD job cuts not applicable in India
Advanced Micro Devices has just announced that they are cutting as many as 1,600 employees worldwide.
The company however has no plans to cut any jobs in their Indian operations.
AMD India managing director Alok Ohrie was quoted as saying: “The job cuts are essentially at the global level but [...]
Advanced Micro Devices cutting 10% of its workforce
AMD is the second largest maker of microprocessors for personal computers. The company has been struggling since sometime to compete against the market leader Intel.
It is now apparent as they have now revealed their decision to cut 10 percent of its work force.
This decision was made after the [...]
Taiwan Semiconductor Manufacturing to manufacture new UltraSparc processors
Sun Microsystems has announced that they are now collaborating with the Taiwan Semiconductor Manufacturing.
Taiwan Semiconductor Manufacturing would now be manufacturing their new generation of UltraSparc processors.
The two companies are also going to collaborate on expanding research on the processors in Taiwan.
TSMC said in a statement that they would [...]
IBM and Toshiba to work on next generation chip technology
Toshiba has announced that they are now joining a group headed by IBM to develop system chips using 32-nanometre circuitry.
The group includes other big names including Advanced Micro Devices, Samsung Electronics, Chartered Semiconductor Manufacturing, Infineon Technologies and Freescale Semiconductor.
Incidentally, Toshiba is also separately working with NEC [...]
Advanced Micro Devices aims to be profitable again next year
Advanced Micro Devices is struggling to compete against the market leader Intel in the PC microprocessor market.
However, the company has now said that they are going to become profitable again next year.
AMD CEO Hector Ruiz said in a statement: “We have gone through a very [...]
Qualcomm post massive profit rise
Mobile chip maker Qualcomm has come out with their latest revenue report and the company has posted earnings that have nearly doubled.
Qualcomm gained from improved demand for chips that power high-end cell phones.
The company added that they are expecting first-quarter profit between 50 and 52 cents per share. This is [...]
Texas Instruments post improved profits
Texas Instruments is one of the largest maker of mobile chips in the world. They have just come out with their latest revenue report and the company has posted improved earnings which rose 11 percent.
TI gained from improved demand of analog chips. They also gained from the lower manufacturing costs which [...]
