Days after officially taking over as Intel's top executive, CEO Brian Krzanich has reorganized the company's businesses to give himself more direct control. The company also formed a new unit to focus on "new devices" outside of smartphones and tablets.
Former Intel CEO Paul Otellini expressed regret that the silicon giant did not or was not able to get its chips inside Apple's iPhone. The comments highlight Intel's current attempts to catch up in mobile--which Otellini's successor, Brian Krzanich, has pledged to do.
Wi-Fi offloading from cellular networks is clearly no longer an afterthought, as evidenced by IHS iSuppli's forecast that nearly 1.2 billion handsets out of a total of 1.9 billion produced in 2015 will include Wi-Fi functionality.
Intel took the wraps off its newest generation of Atom-based mobile processors, code-named Silvermont, and said the chips based on the new architecture will delivers three times more peak performance or the same performance while consuming around five times less power than its existing Atom chips. Silvermont represents Intel's latest attempt to catch up in the mobile market.
Incoming Intel CEO Brian Krzanich said he has already sold the company's board on a strategy to accelerate Intel's push into mobile chipsets. The success of that transition--away from PCs and toward smartphones, tablets and other gadgets--will likely define whether Krzanich can keep Intel relevant in the rapidly changing world of computing.
Qualcomm reported typically strong quarterly earnings but its long-term outlook for the year spooked some analysts and investors as worries fly that the chipset giant could be facing lower royalty payments and tougher competition in Asia.
Nvidia said its mobile business will remain flat this year, partially due to a slight delay in the release of its LTE-capable Tegra 4 chip.
Qualcomm said that some of its OEM customers using its Qualcomm Reference Design (QRD) program to build devices are able to launch their gadgets in as little as 60 days from the time the project is launched to when the product is ready. Although the chipset giant's QRD program is focused primarily on companies based on China--customers include Lenovo, Yulong's Coolpad brand and Tianyu-- Qualcomm said Tier 1 device makers are exploring the program for their lower-end handsets.
Ericsson and STMicroelectronics agreed to shut down their unprofitable ST-Ericsson chipset joint venture and split up its assets, a move that will lead to a net loss of 1,600 jobs.
Ericsson and STMicroelectronics have failed to attract offers for their loss-making semiconductor joint venture after a three-month search for buyers, according to a Bloomberg report, sparking renewed speculation that the venture may be coming to an end soon.