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Posts tagged “Semiconductors ”

Updated 2:27 p.m. Thursday

Premium Lock Inside Intel's big shakeup: What the CEO told his employees

Intel Tech giant Intel shook up its management ranks in a big way Thursday, setting off pre-July 4 fireworks of speculation and reporting. Intel's CEO shared his thoughts with workers in a lengthy letter. The shakeup includes the firm's president - a 28-year Intel veteran - plus the head of Intel's venture unit and two high-profile execs leading efforts in mobile technology.

Updated June 2

Premium Lock BDSI borrows $21M; Intel's $17B buy; BlackBerry, Typo settle; Avago acquires Broadcom; Google's free storage

Bulldog In today's Bulldog wrapup of technology and life science news: Raleigh-based BioDeliverySciences raises $21 million in new debt; Intel to acquire chip designer Altera; BlackBerry settles with Ryan Seacrist's Typo; Avago pays $37B for Broadcom; and Google offers free storage for photos, videos.

June 1

Premium Lock Windows 10 in July; tossing $200K Mac; Intel's $17B bid; no nukes in Godzilla game; Silk Road founder gets life

Bulldog In today's Bulldog wrapup of the latest news: Windows 10 is coming in July; a $200,000 Apple antique is tossed; Intel makes $17 billion bid for Altera; new Godzilla game avoids nukes; and Silk Road founder gets a life sentence.

Updated May 18

Premium Lock Cree to spin off power, radio frequency business, hires Frank Plastina to lead it

Cree plans to split into two companies, disclosing plans Monday to spin off its profitable power and radio frequency chip business. It already has hired an executive to serve as CEO - Triangle tech veteran Frank Plastina. The move will help current Cree management to focus on its LED business while at the same time generating capital for the power and RF subsidiary, the company says. Wall Street immediately sent Cree shares up 4 percent.

Frank Plastina  Frank Plastina

May 18

Premium Lock Cree is spinning off a very profitable if small venture in IPO

Cree's Chuck Swoboda Cree could very well cash in on the proposed spin-off of its Power and RF (radio frequency) businesses. While the group makes up only 6 percent of Cree's annual revenues, its products have a high gross profit margin. And Cree's top exec recently predicted continued growth while LEDs face challenges.

April 15

Premium Lock The state of Intel: As realignment continues, data center business offsets PC woes

Intel Analysis: Intel's data center business drives corporate profitability amid the firm's ongoing realignment and as PC industry woes drag down chip sales, reports Stephen Belanger of Technology Business Research.

March 20

Premium Lock Luxury watch maker Tag Heuer teams with Google, Intel

A closeup of Apple's Watch  ​ Watch out Apple: Swiss company Tag Heuer is developing its own smartwatch with tech rivals Google and Intel.

March 3

Premium Lock Ikea 'smart' furniture; Aerie's loss; EU modified crop crackdown; $11.8B chip deal; new jet tracking tech

Bulldog In today's Bulldog wrapup of technology and life science news: Ikea launches "smart" furniture; Aerie Pharmaceuticals reports a loss; EU gives members power to crack down on genetically modified crops; Freescale Semiconductor is sold for $11.8 billion; and new technology will track jetliners.

February 10

Premium Lock Cree a 'Top 50' innovative firm; Clinverse's new software; Yelp goes takeout; Qualcomm's $975M fine; Uber's panic button

Bulldog In today's Bulldog blog wrapup of technology and life science news: Fast Company names Cree a top innovative company; Clinverse adds to its software lineup; Yelp buys Eat24; China fines Qualcomm; and Uber adds a panic button in India.

December 18, 2014

Premium Lock Startup Phononic wraps up a cool funding round topping $40 million

Phononic, which aims to be the Intel of refrigerators, has wrapped up a cool financing round of $44.5 million. The firm has been raising money since last year. Who are the investors? A local hospital, for one.

Phononic heat pump Phononic heat pump

Updated October 20, 2014

Premium Lock IBM pays Globalfoundries $1.5B to take over chip group; earnings miss; shares plunge

IBM will make payments to privately held chipmaker Globalfoundries over three years totalling $1.5 billion, but it will take a $4.7 billion charge in the third quarter. Big Blue also released its earnings report, which fell short of Wall Street expectations. Shares quickly fell 8 percent.

An IBM semiconductor An IBM semiconductor

Updated October 20, 2014

Premium Lock Rank-and-file IBMers pay the price as Big Blue's reboot accelerates

IBM is shedding workers faster than trees drop leaves. More than 7,000 in the x86 server sale to Lenovo. Thousands more in giving away - yes, literally giving away with a $1.5 billion cash bonus - by dumping its chip business. And coming next? A $600 million resource action. In other words, more layoffs. One thing is clear: As IBM reported a drop in revenue for the 10th consecutive quarter its management is doubling down on more, rapid changes.

Virginia Rometty    Virginia Rometty

Updated October 20, 2014

Premium Lock IBM's chip deal is a 'key step' in its transformation

Analysis: The sales of lower-value and less-profitable product lines such as its semiconductors and X86 servers are a key step in IBM's transformation to a provider of higher-value hardware, software and services. Furthermore, IBM has identified the strategic growth areas of cloud, big data and analytics, security, social and mobility to better serve customers' evolving IT needs. These technologies are the focus of IBM's investment strategy and continue to be the strongest performing pieces of the company's solutions portfolio, writes Stephen Belanger of Technology Business Research.

Inside an IBM data center Inside an IBM data center

October 17, 2014

Premium Lock NC award for Bob Ingram; CED's parties; Amazon hiring 80,000; AMD layoffs; FBI warns on phone encryption

Bulldog In today's Bulldog wrapup on technology and life science news: Former GSK exec Bob Ingram to receive NC honor; the CED plans 30th anniversary parties; Amazon is hiring big time; AMD is cutting jobs; and the FBI director warns against cellphone encryption.

October 15, 2014

Premium Lock Inside Intel: Even as PC chip demand rebounds, Intel eyes Internet of Things for growth

Intel Analysis: PC and Data Center chip demand help Intel deliver highest quarterly revenue in company history. But Intel also is strategically positioning itself to be on the leading edge of computing and connected devices which comprise the Internet of Things.

October 9, 2014

Premium Lock Former Lenovo, IBM exec Rory Read is out as CEO at AMD

Rory Read Rory Read, who bolted Lenovo to become CEO at chip maker AMD, is out. He has been replaced by Lisa Su effective immediately, the company announced Wednesday.

September 19, 2014

Premium Lock Cisco plans to buy semiconductor memory firm

High tech Cisco built its success on routers to run the Internet, and it's always looking for faster ways to move data. It's latest strategy for faster switches is to buy privately held Memoir Systems.

August 25, 2014

Premium Lock 'Cutting-edge' NCSU professor receives 'Medal of Honor' for semiconductor research

From the White House to London, NCSU professor Jayant Baliga has received multiple awards for semiconductor research. He added another on Saturday - the highest award in his field - the Medal of Honor from the Institute of Electrical and Electronics Engineers.

Jay Baliga, professor of Electrical and Computer Engineering at North Carolina State University Jay Baliga, professor of Electrical and Computer Engineering at North Carolina State University

August 13, 2014

Premium Lock Inside Cree: CFO hints new market push in earnings call

Cree reported record income for its last fiscal year on Tuesday and forecast future revenue that didn't quite match analysts' expectations. The news sent Cree shares down in after-hours trading. But in a conference call with analysts, Chief Financial Officer Mike McDevitt dropped a hint that Cree is eyeing another market for growth. So what's Cree thinking?

The new Bay Bridge span illuminated by Cree LEDs The new Bay Bridge span illuminated by Cree LEDs

Updated July 15, 2014

Premium Lock IBM joins $635M semiconductor effort in New York

IBM                        IBM is joining a public-private sector consortium targeting semiconductor research and production in the state of New York. It's the second largest commitment to chips IBM has made in the past two weeks even as rumors continue to swirl that Big Blue is trying to sell its big chip complex in East Fishkill, N.Y.

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The Skinny: A Blog by Rick Smith