Posts tagged “Semiconductors ”
The light emitting and semiconductor technology firm reports revenues of $269 and earnings of 25 cents per share after one-time expenses and other items.
The numbers are likely to provide some comfort for investors jittery about the weak state of the global computer market. But they don't change the underlying dynamics likely to keep PC demand depressed.
The disclosure Wednesday is an inauspicious start for AMD's Read, who was lured away from Lenovo Group last month to lead AMD at a difficult time for the Sunnyvale, Calif.-based company and its industry.
The deal involves patents for use in bonding technology that enhances digital imaging.
Read, who joined Lenovo when it bought IBM's PC division in 2005, is tasked to turn around chip maker.
The chip giant is seeking to counter the growing popularlity of tablets and smartphones for mobile computing.
Transistors are at the center of the digital universe. New tri-gate transistors revealed on Wednesday by Intel will be in full production this year and appear in computers in 2012.
Financial reports and revenue forecasts for the four high-tech giants suggest that corporate upgrades and investments are gaining steam.
The chip giant also introduces processors designed to enable development of fanless, cooler and quieter devices.
The deal is the latest example of consolidation among big players in the technology world as trends such as the explosion in smartphones have shaken up the competitive landscape. Longtime foes have joined forces while friendships have frayed as the boundaries between companies' business lines have blurred.
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