Posts tagged “Semiconductors ”
Cree is selling a building at the end of its Silicon Drive campus in Durham as part of its $850 million cash sale of its Wolfspeed Power and RF division to Infineon Technologies, the company disclosed at a press conference Thursday morning.
Cree is selling its power and radio frequency division to Infineon Technologies for $850 million in cash. Cree had intended to spin off the group known as Wolfspeed as a separate company. Most of Wolfspeed's 600 workers are expected to keep their jobs.
Lenovo makes its sensor-filled augmented reality 3D phone official today. Think virtual reality without a headset. Jeff Meredith, the Lenovo exec pushing development of the device packing Google Tango project software, talks with WRAL TechWire about a device that he says "blows away" other smartphones.
Analysis: Intel is turning from one legacy - a performance relying on chips for PCs - to a new one focusing on "cloud," mobile devices, 3D and other opportunities. As PC sales tumble, Intel is rebooting, and look for the tech giant to stabilize by mid-2017, says Technology Business Research analyst Krista Macomber.
Chuck Robbins looks to be making a huge bet for Cisco's future with a $320 million buy of an Israel-based startup whose chip technology may set the stage for a leap forward in networking called "hyperconvergence." Cisco has committed $640 million on cloud plays in two days.
Analysis: Intel ends a revenue decline of two straight quarters and slows a drop in operating income with a 2015-ending quarter that shows some investments are paying off, writes Technology Business research Krista Macomber. What bets are delivering? WTW Insiders find out.
Red Hat cloud adds Microsoft; Wal-Mart mobile pay; Samsung autonomous drive; Diller's new digital publishing; EU vs. Qualcomm
In today's technology roundup: Red Hat adds Microsoft support in cloud; Wal-Mart unveils mobile pay; Samsung moves into autonomous technology; Barry Diller's IAC launches new digital publishing effort; and the EU is taking on Qualcomm.
Analysis: Intel continues to expand its Internet of Things (IoT) ecosystem, with the aim of powering the broadest possible range of customers' IoT solutions, writes John Spooner, director of Internet of Things and Devices Practice at Technology Business Research.
Intel aims to reinvigorate the PC business with its new line of Skylake processors. No. 1 PC manufacturer Lenovo already is planning to include Skylake processors in a number of models as WTW reported last week But weak demand and longer life cycles will limit opportunities for its own revenue growth, writes Jack Narcotta of Technology Business Research.
"Wolfspeed," which is in part a tribute to research dating back to the N.C. State days of Durham-based Cree, is the name for the semiconductor and radio frequency business the company plans to spin off as a separate venture in coming months. One of Cree's founders is part of the new group which will be led by Triangle veteran tech executive Frank Plastina. And its tech will be used in the new Air Force F-35 fighter.
New Intel chips a PC boost?; Uber drivers' suit broadens; Amazon video downlaods; Valeant stock falls; Comcast targets millennials
In today's Bulldog wrapup of technology and life science news: Intel unveils new chips hoping to give PC industry a boost; Uber drivers win class-action suit in pay fight; Amazon to allow video downloads; Valeant, which is buying Raleigh-based Sprout Pharmaceuticals, sees its stock drop; and Comcast targets millennials with new service.
Ziptronix, a semiconductor firm spun off from RTI International which raised more than $30 million over the years in venture capital, has been sold to a Silicon Valley firm for $39 million. The RTP company has been a pioneer in development of 3-D chip technology.
Semiconductor chip firm Qualcomm, which has a design lab focused on mobile devices in Raleigh, is cutting 15 percent of its work force. The company also shakes up its board and mulls splitting into two firms.
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.
BDSI borrows $21M; Intel's $17B buy; BlackBerry, Typo settle; Avago acquires Broadcom; Google's free storage
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.
Windows 10 in July; tossing $200K Mac; Intel's $17B bid; no nukes in Godzilla game; Silk Road founder gets life
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.
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.