Integrated Silicon Solution (ISSI) has finalized a definitive agreement to be acquired by Cypress Semiconductor for US$20.25 per share in cash, according to the fabless memory supplier.

ARM has acquired Offspark, a Netherlands-based supplier of Transport Layer Security, that will get folded into its mbed operating system for its Cortex-M cores.

Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, will cut its massive workforce, the company told Reuters, as the Apple supplier faces declining revenue growth and rising wages in China.

Korea Times is claiming that a deal has been struck with Apple for Samsung to supply 80% of the chips for next year's iPhones and iPads, with TSMC picking up the balance of orders.

Synaptics has completed its acquisition of Renesas SP Drivers (RSP), a supplier of small- and medium-size display driver ICs for smartphones and tablets.

Amtech Systems, a supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and sapphire and silicon wafers, has received approximately US$10 million in new solar orders.

Data from Chinese semiconductor industry sources identifies Allwinner as, by far, the number one apps processor supplier for Chinese tablets in 2012, followed by Rockchip, ViaTech, Amlogic and Vimicro.

AMD has reduced chip orders from supplier Globalfoundries as it tries to cut costs to preserve cash amid a PC-market slump.

Amazon.Com is in advanced talks to buy the supplier of processors for its Kindle tablet computer, Israeli financial newspaper Calcalist reported on Monday, a step toward vertical integration that could portend a push into smartphones.

Apple instead picked Japan's Toshiba, Elpida Memory and Korea's SK Hynix to supply DRAM and NAND chips.

Celestica announced that over the course of the next three to six months, it will wind down its manufacturing services for Research in Motion (RIM). Celestica has been a high-performing manufacturing supplier for RIM.

Fuji Electric and the chip manufacturer Infineon Technologies serve the automotive industry by extending the supplier base for power modules deployed in automotive hybrid and electrical vehicles.

Hard disk drive supplier Seagate Technology has provided a financial update, reiterating that demand for HDD units will exceed supply in 2012 in the wake of flooding last year in Thailand.

Flush from better-than-expected third quarter revenues, flash memory supplier SanDisk is buying back up to US$500 million of its stock over the next five years, joining a growing list of companies putting their cash to use to help build investor confidence.

South Korean flat-screen maker LG Display, a key supplier to Apple Inc, posted a wider-than-expected quarterly loss on Thursday as tepid demand for TVs and PCs hit panel prices and one-off losses weighed.

Apple's major touchscreen supplier TPK Holding said Thursday Steven P. Jobs, chairman and co-founder of Apple, is a legend in the global consumer electronics industry. "Mr. Jobs revolutionized the human/machine interface. We really appreciate his contributions to the industry," said Chief Financial Officer Freddie Liu.

Japan's Sumco, the world's No.2 supplier of silicon wafers used to make chips, slashed its annual operating profit forecast by 37% on weak PC demand and slower-than-expected growth in smartphones and tablet PCs, and it said the fragile economy could make chip demand retreat further.

TSMC may first appear, in the fourth quarter, as a second-source supplier of the A5 processor, according to Gus Richard, an analyst at Piper Jaffray, who wrote about this in a research note last month and still maintains this outlook. Then TSMC would take on the next-gen A6.

TriQuint Semiconductor's first-quarter earnings met analysts' expectations, helped by strong demand in the smartphone market, but the wireless communications products supplier forecast lower-than-expected second-quarter earnings.

Apple has agreed to add Foxconn Technology Group affiliate Chimei Innolux as its third supplier of sensors for the iPad 2's touch screen, two people familiar with the matter said. Chimei Innolux will begin supplying the components next month.

Apple has been criticized by Chinese green groups for lax corporate oversight of its suppliers in China, leading to poor environmental and work safety standards that poisoned dozens of factory workers.

Integrated Silicon Solution (ISSI) has announced that it is working with Micron Technology to become an alternate supplier of Micron's third-generation reduced-latency DRAM (RLDRAM 3 memory).

NOR flash supplier Spansion has named Saied Tehrani as senior vice president of research and development. Tehrani joins Spansion from Everspin Technologies, a supplier of MRAMs, where he was founder and chief operating officer.

"We believe the company has selected Qualcomm as its modem supplier for the CDMA iPhone as well as for the iPhone 5," said a managing director and analyst at Rodman & Renshaw. "The iPhone 5 will likely use a two-chip modem, allowing the company to create 3G and 4G products."

An Apple supply manager has been accused of giving confidential information to Asian suppliers in exchange for kickbacks during a three-year scheme detailed in court filings made available over the weekend.

Following a third consecutive record-breaking sales quarter reported by Xilinx Wednesday (July 22), at least one Wall Street analyst reiterated his contention that extending lead times by the leading FPGA supplier put it at risk of double ordering.

Engine control units made by Hitachi couldn't be delivered on time to Nissan because ICs needed to make them were not available from a supplier, Hitachi said.

Chinese wafer supplier Huantai Silicon has suspended its partnership with the country's solar cells and panels giant Suntech Power on their joint venture Glory Silicon, and will jointly build a new venture with U.S. veteran wafer producer MEMC Electronic Materials.

"The acquisition of Sound Design Technologies solidifies our position as a leading supplier of ultra-low-power digital signal processing (DSP) technology for hearing aids and audio processing applications," said Robert Tong, VP of ON Semiconductor's Medical Division.

Protesters picketed Foxconn's annual general meeting in Hong Kong on Tuesday, accusing both the Apple Inc. supplier and computer giant of poor corporate ethics after a spate of suicides at Foxconn factories in mainland China