Paul Otellini expecting PC sales to rise this year

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?

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 [...]

Intel could report a loss in the first quarter of the year

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 [...]

Samsung Electronics reorganizes into two major divisions

Samsung Electronics reorganizes into two major divisions
Samsung Electronics has announced a major reorganization of the company structure.
Samsung would now function as two major divisions.
The company is merging its chip and LCD units. The other division would handle telecom and media units.
Samsung chief executive officer Lee Yoon-woo would look after the semiconductor and LCD [...]

AMD latest to announce job cuts

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 [...]

AMD stock gets a boost from splitting news

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

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 [...]

DreamWorks Animation leaves AMD for Intel

DreamWorks Animation leaves AMD for Intel
DreamWorks Animation has announced that they are now planning to shift from AMD powered computers to Intel ones.
The company aims to switch to 3D movies only for their future offerings.
DreamWorks had collaborated with AMD in 2005 and the deal was for a period of three years.
They are not renewing the [...]

Intel fined in South Korea for violating fair trade rules

Intel fined in South Korea for violating fair trade rules
Korea Fair Trade Commission has fined the microprocessor industry giant Intel for violating the fair trade rules.
The US based company has been told to pay fines of $25.4 million.
The commission said that the company gave away discounts to computer makers in the country to undercut rivals [...]

Phil Hester leaves AMD as its CTO

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 [...]

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