Intel said it remains on track to cut $800 million in losses from its mobile business this year as it ramps up production of its chipsets for entry-level phones and tablets. The company, which reported first-quarter earnings yesterday, also said it will continue to pay device makers to put its silicon inside their gadgets, but it will do less of that this year than it did in 2014.
Qualcomm brushed off calls from an activist shareholder to break up its chipset and patent-licensing businesses, arguing that keeping them together is in the best interests of shareholders. However, as the Wall Street Journal details, Qualcomm's profitable royalty business is coming under pressure from industry trade groups and competitors.
Qualcomm is facing pressure from an activist shareholder, the hedge fund Jana Partners, to break up its chipset business from its patent-licensing arm, with Jana arguing that the chip business is "essentially worthless" at current valuations.
Silicon maker Altera has broken off talks about a potential acquisition by chipset giant Intel, according to multiple reports, apparently after a disagreement over the price.
Intel is in advanced talks to buy chipset vendor Altera Corp., according to multiple reports, in a deal that could top more than $10 billion. Altera makes specialized chips that are widely used in cellular base stations, so the deal could be a way for Intel to get a tighter grip of the wireless market while it is trying to get its silicon into more mobile devices.
The next versions of Apple's iPhones will include an LTE modem chipset from Intel, according to a VentureBeat report, a move that would give a major boost to Intel's wireless ambitions and hit Intel rival Qualcomm.
BARCELONA, Spain--Intel and Qualcomm executives said the chipset giants have a role to play in enabling smart cities as both technology solution providers and advisers as municipalities connect more of their infrastructure and services.
Qualcomm CEO Steve Mollenkopf has been at the helm of Qualcomm for a little more than a year now, and although he has a quiet public style, inside the chipset maker he is showing his competitive side by working to make sure that the company can capture the next wave of growth in computing as the smartphone market matures.
Samsung Electronics unveiled its newest silicon, a 14-nanometer chipset that it said offers better battery life and performance. The chipset could be key to Samsung's growth as its smartphone sales flatten out. Meanwhile, a Samsung executive hinted that the company's forthcoming flagship smartphone, expected to be called the Galaxy S6, will support multiple wireless charging standards.
Qualcomm is facing new pressure from regulators after South Korea's antitrust regulator said it is considering investigating whether the chipset giant misused its dominant market position in the country. The probe comes just days after Qualcomm announced a settlement with China's National Development and Reform Commission, in which the company agreed to pay a $975 million fine and change its licensing and royalty practices.