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Qualcomm to cut more than 1,200 jobs

Qualcomm will layoff 1,258 workers in San Diego and Santa Clara, beginning in December Pointing to the ongoing poor sales performance of its phone chips, Qualcomm notified the California Employment Development Department that it plans to cut 1,258 positions in San Diego and Santa Clara,...

Qualcomm to reduce staff in China amid dwindling smartphone demand

The Qualcomm R&D facility in Shanghai, China opened in 2010 and employs nearly 400 staff While Qualcomm has denied rumors that it plans to shut its Shanghai R&D facility or enact “large-scale” layoffs in China, it did reveal that will reduce the facility’s staff, citing...

Kagan: Huawei finds new ways to survive with Mate 60 Pro and 5G

Huawei grows with Mate 60 Pro smartphone, 5G chips and HarmonyOS As the old saying goes, there is more than one way to skin a cat. The United States tried to stop China from monitoring US communications by blocking Huawei from America wireless networks and...

Qualcomm partners with Charter, EE on Wi-Fi 7

'Wi-Fi 7 matters more than any other Wi-Fi generation in the past,' says Qualcomm exec Qualcomm has announced two new Wi-Fi 7 partnerships: one with Charter Communications in the U.S. and another with EE in the U.K. Both service providers are working with the chip company...

Ericsson to get funds for development of 6G radio microelectronics

Ericsson Antenna Technology Germany will lead the development of this project at the Rosenheim R&D site in Germany Swedish vendor Ericsson said is set to receive a five-year funding award from Germany’s Ministry of Economic Affairs and Climate Action for its European Microelectronics and Communication...

TSMC to buy stake in Intel nanofab company

Intel acquired IMS company in 2015 Intel has agreed to sell a 10% stake in its IMS Nanofabrication business to Taiwan Semiconductor Manufacturing Co (TSMC) for roughly $4.3 billion. The deal, expected to close in the fourth quarter of this year, leaves Intel as the...

Qualcomm, Apple extend 5G modem agreement for three years

Qualcomm also makes money from Apple as a result of a lawsuit over royalties that was settled in 2019 Qualcomm this week announced that it will supply Apple with 5G modems for smartphones through 2026, despite previous suggestions that Apple would likely begin using an internally developed 5G modem...

Kagan: How Qualcomm is dealing with growing China problem

Bloomberg has reported that Qualcomm has just suffered another significant stock decline. They have in fact been struggling for several different reasons over the past several years. The good news is, they remain one of the few leaders in the smartphone chip market, worldwide....

Google, NVIDIA ‘reinvent’ cloud, computing with AI partnership

NVIDIA CEO: 'This isn’t computing the old-fashioned way; this is a whole new way of doing computing' SAN FRANCISCO - At this week’s Google Cloud Next conference, Google announced that generative AI technology from NVIDIA is now available and optimized for Google Cloud users. The...

AI chip revenue to hit $53.4 billion this year: Gartner

According to Gartner, AI chip revenue will continue growing to $119.4 billion in 2027 Gartner this week revealed findings that suggest potential revenue from semiconductors designed to run artificial intelligence (AI) workloads will hit $53.4 billion this year — an increase of 20.9% from 2022...

Arm files for US IPO

Ahead of its IPO, ARM's revenues took a hit from the global smartphone slow-down Chip design powerhouse Arm has filed for a long-anticipated initial public offering in the United States. The initial filing with the Securities and Exchange Commission offered little in the way of...

UK in talks with AI chip giants

The U.K. government is in discussions with AMD, Intel and Nvidia about securing AI components to power a $127.6 million research project According to reports, the U.K. government is in discussions with AMD, Intel and Nvidia about securing artificial intelligence (AI) components to power a...

IoT vets form new hardware firm Trident IoT to smooth Z-Wave “chokepoints”

A trio of IoT veterans have joined together to form a new Z-Wave hardware supply firm based out of Carlsbad, near San Diego in California. The group, trading under the name Trident IoT, has convened to supply Z-Wave based IoT chips and modules, alongside...

Cisco up year-over-year, sees AI as a growth driver

Cisco Silicon One being used by hyperscalers to build AI/ML compute clusters In what CEO Chuck Robbins called a “milestone year,” Cisco this week reported fourth quarter earnings of $15.2 billion, up 16% year-on-year. Software revenue was up 17% year-over-year and software subscription revenue was...

Intel terminates $5.4 billion acquisition of Tower Semiconductor

Intel announced the deal in February 2022 and hoped it would help scale its foundry services Intel has terminated the $5.4 billion deal to acquire Israel-based chip company Tower Semiconductor, citing regulatory hurdles. The deal, announced in February 2022, was intended to help scale Intel’s...

Softbank considers purchase of remaining 25% stake in Arm

SoftBank already owns 75% of the chip company SoftBank Group is reportedly in talks to purchase the remaining 25% of Arm it doesn’t already control directly from Vision Fund 1, a $100 billion investment fund that the chip company established in 2017. Reuters, which first...

Renesas to buy Sequans for $249m as part of rapid IoT buying-spree

Japanese semiconductor manufacturer Renesas Electronics has agreed a deal to buy France-based cellular IoT chipmaker Sequans Communications for $249 million. The deal is expected to close “by the first quarter” of next year (2024), subject to its formal approval by the French firm’s works...

Reporting a soft Q3, Qualcomm focuses on AI opportunity

Qualcomm down double digits in handsets and IoT; automotive remains a growth driver Qualcomm reported third quarter results this week; total revenues were down 23% from the same quarter last year to $8.45 billion with handset revenue down 25% and IoT revenue down 24%. The...

MediaTek Dimensity 6000 series makes 5G more ‘mainstream’

MediaTek Dimensity 6100+ SoC offers enhanced power efficiency, AI-powered camera technologies and reliable Sub-6 5G connectivity MediaTek has launched its new Dimensity 6000 series, beginning with a chipset for mainstream 5G devices. The new SoC — the Dimensity 6100+ — integrates an enhanced 5G modem...

Broadcom, VMware deal gets conditional EU greenlight

Broadcom promises continued interoperability with VMware for rival Marvell Broadcom's proposed $61 acquisition of VMware has the go-ahead from EU regulators—with some caveats, mostly focused on continued interoperability of VMware software with rival vendors such as Marvell. According to the European Commission, Broadcom's acquisition of...

Foxconn to build telecoms, EV equipment factories in Vietnam

Foxconn is investing $246 million in Vietnam's northern province of Quang Ninh Reports indicate that Hon Hai Technology Group (Foxconn) has been granted permission by Vietnam authorities to invest $246 million in assembling telecoms and electronic vehicle (EV) equipment in the country. The company, according...

Samsung foundry vision includes focus on AI and expanding capacity

Samsung also shared that it has secured additional foundry partners for its Samsung Advanced Foundry Ecosystem (SAFE) At its 7th annual Samsung Foundry Forum (SFF) 2023, Samsung shares its latest foundry technology mission business strategy, focusing largely on the growing need to address artificial intelligence (AI)...

Achieving interoperability in a disaggregated, multi-vendor network

'What network disaggregation will bring to telecom comes down to what operators want out of their networks,' says Simon Burley, principal at Ofcom Panelists at RCR Live Telco Reinvention in London offered their thoughts on how the industry is working to ensure interoperability in an...

Dell and NVIDIA partner on AI for enterprises

Michael Dell: “If you aren’t already thinking about AI and how it will change every part of your business, then you are already behind” AI was a major theme at the recent Dell Tech World event in Las Vegas, with company CEO, Chairman and Founder...