Chipmaker News

Intel's consumer chips witnessed 33 percent gains ($8.8 billion revenue) and the company saw “record performance notebook shipments in the quarter.”

The company did not describe the circumstances of his death but Grove, who endured the Nazi occupation of Hungary during World War Two, living under a fake name, and came to the United States to escape the chaos of Soviet rule, had suffered from Parkinson`s.

Qualcomm shares fell 1.8 percent to $63.05 in after-market trading on Wednesday. The stock has lost a fifth of its value in a year.

The company has been under pressure from hedge fund Jana Partners to spin off its chip business from its highly profitable patent-licensing business.

Intel Corp agreed to buy Altera Corp for $16.7 billion as the world`s biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres.

Intel Corp agreed to buy Altera Corp for $16.7 billion as the world`s biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers.

"It`s slightly better than feared," said Christopher Rolland, an analyst at FBR Capital markets. "It looks like bottom line impacts are mitigated by better expenses, interest income and taxes."   

Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies.

Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion.

Taiwan-based electronic chip firm Media Tek's Chairman MK Tsai on Friday met Telecom Minister Ravi Shankar Prasad and expressed keen interest in expanding presence in the country.

Chipmaker Intel Corp forecast revenue and gross margins for this quarter that disappointed investors, sending its shares down 2.7 percent in extended trading.

Intel India has unveiled a digital skills training application, which includes modules on digital literacy, financial inclusion, healthcare and cleanliness in 5 Indian languages.

IBM will pay Globalfoundries $1.5 billion in cash over the next three years to take the chip operations off its hands, the companies said in a statement on Monday.

The tablet comes with a convertible keypad with which it can be used as a laptop also.

Chip maker MediaTek on Tuesday said it expects as many as two million handsets to be sold this year in India, the world's second largest market for mobile phones.

World's largest chipmaker Intel on Tuesday launched a new line of processors for data centres, offering increased performance and lower power consumption.

The Irvine, California company is the latest chipmaker to abandon the baseband market. Texas Instruments Inc cut 1,700 jobs in 2012 after failing to sell its mobile chip business.

Suppliers of chips to smartphone makers are taking the unusual step of helping customers procure other phone components such as speakers and camera lenses in a bid to win more business in an increasingly competitive sector.