Cypress Semiconductor said it will spend $550 million to acquire Broadcom's IoT business in the latest move centered on the burgeoning market of connected devices.
Gartner predicted that worldwide semiconductor revenue will fall by 0.6 per cent to $333 billion (€296 million) in 2016 due to weakened demand for key electronic equipment, elevated inventory levels, and the continuing impact of the strong U.S. dollar in some regions.
Worldwide semiconductor revenue totalled $334.8 billion (€294 billion) in 2015, a 2.3 per cent decline from 2014.
Nvidia is suing Qualcomm in London for unfairly forcing it to pull the plug on the Icera business it bought in 2011, Bloomberg reported.
While cyber attackers are turning their attention to the Internet of Things (IoT) at an alarming rate, an Intel Security expert says the time is now to start tackling what is only going to become an even bigger target for cyber attacks.
Ericsson said the availability of Wi-Fi calling compatible mobile devices will be boosted by a collaboration with Taiwan-headquartered chipset vendor MediaTek.
Qualcomm Technologies said the launch of sample quantities of the industry's first gigabit-class LTE modem is an important step towards 5G.
Posing the question: "Is it 4G or 5G?" in its marketing material, Qualcomm Technologies introduced its sixth-generation discrete LTE multimode chipset, the Qualcomm Snapdragon X16 LTE modem, which it says is the first commercially announced Gigabit Class LTE chipset designed to deliver fiber-like LTE Category 6 download speeds of up to 1 Gbps.
Samsung Electronics and Apple remained the top semiconductor buyers in 2015, representing 17.7 per cent of the market according to Gartner.
As expected, Qualcomm revenues for the latest quarter plummeted from the year-ago period, and the company said it doesn't expect great things from the current quarter given the slowdown in the worldwide smartphone market.