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.
Sony said it will acquire Altair Semiconductor for $212 million in an effort to gain ground in the burgeoning IoT market.
Qualcomm and TDK announced a $3 billion joint venture to produce wireless components for smartphones, tablets and IoT devices.
Worldwide semiconductor revenue totalled $333.7 billion (€307 billion) in 2015, a 1.9 per cent decrease from 2014 revenue of $340.3 billion,
Researchers at Eindhoven University of Technology in The Netherlands have developed a tiny 2-millimeter square chip weighing just 1.6 milligrams that could play a role in the Internet of Things.
Qualcomm said South Korean antitrust authorities have accused the chipset giant of violating South Korean law through its licensing practices and proposes to fine the company. The disclosure about the investigation, which was first launched earlier this year, is the latest in a series of tussles the company has had with antitrust regulators worldwide over its licensing business, which is how Qualcomm derives the majority of its profit.
DecaWave, a chip-making company that has pegged itself as the next Qualcomm, has announced a partnership with ultra wideband hardware and software developer Time Domain in a move it says is intended to speed development and time to market for location-based technology solutions. The deal designates Time Domain as DecaWave's "preferred partner" in microlocation navigation and tracking technology and allows DecaWave rights to Time Domain's patent portfolio.
Qualcomm officially debuted its Snapdragon 820 chipset, which it expects to be its flagship product that will power high-end smartphones next year. The silicon giant first unveiled the 820 at Mobile World Congress in March and has been dribbling out details about the chipset, but held a press event in New York City yesterday to explain its key benefits.
Qualcomm reported quarterly earnings that beat analysts' expectations, even as its sales and profit fell sharply from a year ago. However, Qualcomm's expectations for its current quarter fell below analysts' forecasts, as the chipset giant is facing headwinds in negotiating new patent licensing deals with Chinese smartphone makers.