Intel's more than $60 million investment in Chinese drone maker Yuneec Holding Ltd. is the latest evidence that chip makers are serious about drone technology and expanding into new technologies.
The recent acquisition of Nokia's Here digital mapping and location services business by a consortium comprising Audi, BMW and Daimler is a harbinger for widespread strategic change in technology supply for automobiles. Smartcar companies including Daimler and Volkswagen admit they need Apple and Google as partners, but these Silicon Valley companies also pose significant threats as suppliers and as direct competitors.
Google's life sciences team, which is working on a smart contact lens to measure glucose levels, is graduating from the X lab to become a standalone Alphabet company.
Qualcomm is a leader in that tablet chipset market and Intel has spent mightily trying to crack into that market, but both have new competitors racing behind them from China. Rockchip Electronics and Allwinner Technology increased their tablet chip sales from a combined 0.3 percent of the market in 2010 to more than 27 percent just three years later, according to Bloomberg.
Intel wants the world to know it is excited about what developers can do to bring its chipsets and technologies into more devices than just PCs, as the company expands into the Internet of Things and partners with other major technology companies.
IHS predicted that shipments of utility meters with two-way communication capabilities will hit 132 million units in 2015, and grow to 150 million in 2019.
Intel's chips will ship in around 50 percent of the new models of Apple's iPhones, according to a report from Northland Capital Markets analyst Gus Richard.
Researchers at NASA's Jet Propulsion Lab, in combination with researchers at UCLA, are working on a Wi-Fi reflector chip that they say would drastically improve battery life in wearable devices by reducing the power needed to transmit or receive information to computers and cellular and Wi-Fi networks.
Qualcomm struck a deal with an activist shareholder and agreed to cut $1.4 billion in costs, slash up to 15 percent of its workforce, change some of its corporate practices and review whether to split up its chipset and licensing units. The announcement, which came as the silicon giant reported disappointing earnings, was largely in line with the demands that the investor, hedge fund Jana Partners, had spelled out in mid-April.
Qualcomm plans to announce thousands of job cuts this week as the chipset giant faces declining prices for smartphones and rising competition from Chinese vendors, according to a report from The Information.