Paul Otellini expecting PC sales to rise this year
Intel CEO Paul Otellini has said that they believe PC sales could rise this year and beat the market expectations.
Intel said that the PC market is recovering very fast and it could soon get out of the slump.
IDC and Gartner are however not that optimistic. [...]
Nokia to launch Intel powered mobile devices?
Bloomberg has reported that Intel has gained Nokia has a customer for their mobile processors.
Intel has been looking to enter into the mobile device market with their chips.
Bloomberg reported that the two companies could announce this deal as early as today.
Intel is currently scheduled to hold a press [...]
Hewlett-Packard profit down 17%
Hewlett-Packard has come out with their latest revenue report and the company’s profit figures have come down 17%.
The company said that the sales of personal computers and printer ink were slow in the recent quarter.
HP’s chief financial officer, Cathie Lesjak admitted that it is too early to call if the [...]
Apple, Dell, HP sued by The PACid Group
The PACid Group has filed a lawsuit against 19 companies including Apple, Atheros, Broadcom, Dell, Edimax, Gateway, Hewlett-Packard, Intel, Lenovo, Marvell, Realtek, and Toshiba.
The lawsuit claims that these companies infringe upon their patented technologies.
The patent involved in this lawsuit is U.S. patent No. 5,963,646, “Secure deterministic [...]
Intel could report a loss in the first quarter of the year
US based microprocessor industry giant Intel might report their first loss in more than two decades in the current quarter.
The company recently posted a 90 percent drop in fourth-quarter profit. Revenues were also down by around 23%.
Intel Chief Executive Paul Otellini has [...]
AMD latest to announce job cuts
Microprocessor company AMD has joined the list of companies who have announced job cuts to save money and stay competitive in these tough times.
AMD has announced that it’s cutting 500 workers from their operations.
This comes to around 3 percent of its global staff.
AMD said that this is one of [...]
Intel Capital to invest in VMAX Telecom
US based microprocessor industry giant Intel has announced that they are investing in Taiwanese carrier VMAX Telecom.
Intel would be helping VMAX establish a 4G network in the Taiwanese market.
This would thus become the first mobile WiMAX network in the country. The two companies aim to make available this network [...]
Intel Capital invests in Trony Solar Holdings
Intel Capital has announced that they are investing heavily in Trony Solar Holdings.
The investments are worth around USD 20 million.
Trony Solar Holdings is one of the China’s biggest makers of solar energy and wind power equipment.
Cadol Cheung, managing director of Intel Capital spoke about this new development: “The [...]
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 [...]
Transmeta looking for a buyer
Processor Maker Transmeta has announced that they are now looking for potential buyers.
The company apparently has given up any hopes to stay independent for any longer.
They were once seen as a new player in the microprocessor market which is largely dominated by Intel. AMD and VIA are smaller players.
Transmeta said in [...]
