Sir Hossein Yassaie, the CEO of graphics core licensor Imagination Technologies Group, has stepped down as chief executive amid a growing financial crisis at the company he has guided for many years.
"In the next five years, there will be more innovation, more invention, more entrepreneurship happening in China, happening in Beijing than in Silicon Valley," said Travis Kalanick, CEO of Uber Technologies.
The chief executive of semiconductor maker Renesas Electronics abruptly resigned Friday six months after he took the post, a move that comes as the company's principal shareholder considers strategic options.
Wall Street Journal
The departure is the latest shakeup at Yahoo, which has come under increasing scrutiny from investors. Savitt was an early appointment by CEO Marissa Mayer and also oversaw Yahoo's push into original content.
The new members added to the council include Leopold Beer, regional president Asia Pacific for Bosch Sensortec, Genda Hu, CEO of FocalTech Systems, Young Sohn, president and chief strategic officer of Samsung Electronics, Howard Yang, chairman and CEO of Montage Technology, and Charlie Zhi, president and CEO of Brite Semiconductor.
"There are rumors all the time about us being acquired. But when you look at our business model... for any one company it's much less expensive for them to license our technology than to buy the whole company," said ARM CEO Simon Segars.
AMD's President and CEO, Lisa Su, revealed at yesterday's earnings call that AMD has already completed its first couple of FinFET designs. She also stressed that FinFET is going to be incredibly important across all markets for the company in 2016.
Swatch Group AG will launch its own Internet-enabled smartwatch this summer in the US, China and its Swiss home market, CEO Nick Hayek said Thursday.
Marketwatch.com (Dow Jones)
Intel plans to produce its first "10-nanometer" processors in the second half of 2017, CEO Brian Krzanich said Wednesday. Intel hadn't given a start date for the process before, but many observers had expected it to arrive some time next year.
Accounting irregularities have plunged the Japanese conglomerate company Toshiba into a crisis, with several key board members stepping down, including CEO Hisao Tanaka.
"We expect to see continued overall business strength in the second half of 2015 due to increased demand from memory and foundry customers compared with our previous expectations," ASML president and CEO Peter Wennink said.
Marketwatch.com (Dow Jones)
Microsoft on Wednesday announced the departure of former Nokia CEO Stephen Elop as part of a broad restructuring at the company, one that will see its Operating Systems Group and Microsoft Devices Group merge into one unit.
Intel's CEO, Brian Krzanich, made his commitment to wearable technology very clear shortly after assuming his current role in 2013.
China's Spreadtrum Communications will use Intel's 14nm FinFET process technology for both the low- and high-end mobile chips the company plans to launch in 2016, according to Spreadtrum chairman and CEO Leo Li.
James Xiong, CEO of a startup called 3Wearable Technology, is obsessed with the smartwatch.
The memo sent to employees by Cypress founder and CEO TJ Rodgers on Wednesday shows plans to lay off about 1,600 workers worldwide with severances over the next three weeks, equally split between the two companies, with all North American employees being notified of their status by Friday.
San Jose Business Journal
According to Tesla CEO Elon Musk, Apple has made a major push to recruit talent from the electric carmaker, offering massive bonuses and significant salary bumps for those willing to come to work in Cupertino.
During Apple's quarterly conference call on Tuesday, CEO Tim Cook said Apple Watch development is on track and expects to launch the device in April, coming in just under the company's "early 2015" promise.
Steve Jobs shunned trips to Washington, D.C., during his tenure as Apple CEO, but Tim Cook has been a frequent visitor to Capitol Hill to personally amp up Apple's lobbying efforts, which have more than doubled since 2009.
Cult of Mac
Sony CEO Kazuo Hirai has weathered a crisis over a cyberattack on its Hollywood studio and its controversial comedy "The Interview", but his toughest moment may be just arriving as he prepares a new business revival plan.
Toshiba will decide during the next business year from April on where to build an additional memory chip plant and will consider overseas locations for the facility, according to company CEO Hisao Tanaka.
At its analyst meeting today in London, Nokia CEO Rajeev Suri detailed where the company's focus will be for the next few years for its Networks unit, the Here mapping subsidiary, and its Technologies business.
Intel CEO Brian Krzanich expects new semiconductor partners in China to migrate to the US chipmaker's architecture within a few years and give up on ARM technology more widely used in smartphones and tablets.
"This announcement reinforces our commitment to building the ZTE brand in the United States...," said ZTE USA's CEO Lixin Cheng.
Tim Cook's declaration on Thursday that "I'm proud to be gay" made him the first publicly gay chief executive of a Fortune 500 company.
New York Times