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As it proceeds with a massive restructuring plan announced earlier this month, Intel will exit the smartphone and tablet mobile SoC business by ending its struggling Atom chip product line. The discontinued products include those code-named SoFIA, Broxton and Cherry Trail.
EE Times
Company release
TJ Rodgers, one of the most prominent leaders of the microchip industry, plans to step down as chief executive of Cypress Semiconductor Corp after nearly 34 years running the company he founded.
The Wall Street Journal
Panasonic forecast its profit to fall in the current business year amid slower growth in emerging markets as well as planned investments in automotive technologies and high-end consumer electronics.
Reuters (via Yahoo! News)
Amazon delivered a blowout quarter on Thursday, joining Facebook as one of the rare bright spots in a technology sector that has recently produced a string of disappointing earnings reports.
The New York Times
JEDEC Solid State Technology Association has announced the publication of several key updates to the Universal Flash Storage (UFS) family of standards. These include JESD220C UFS version 2.1, JESD223C UFSHCI version 2.1, JESD220-1A UFS UME version 1.1 and JESD223-1A UFSHCI UME version 1.1.
Company release
Samsung Electronics said on Thursday that its first-quarter operating profit rose 12% from a year earlier, propelled by strong initial sales for its flagship Galaxy S7 smartphones.
Fortune
Pulling back the outer shell on the Vive reveals a number of sensors-32 in total.
iFixit
Apple loves to brag about sales figures for all of its devices except one - the Apple Watch. When to comes to this device, Apple executives all clam up, claiming that to divulge sales figures for this device would somehow give its competitors some valuable information. So in the absence of official figures, analysts are left to fill that information vacuum, and the consensus is that sales are bad.
ZDNet
Apple's global iPhone shipments will fall short of analysts' consensus estimates of 210 to 230 million units in the 2016 fiscal year, according to a new research note issued by respected KGI Securities analyst Ming-Chi Kuo. In a worst case scenario, iPhone shipments in 2016 are expected to reach just 190 million units, which is an 18% reduction in shipment growth and 3 million fewer iPhones than Apple sold in 2014.
Mac Rumors
Company release
Microsoft will no longer make new Xbox 360 units, the Redmond, Calif.-based firm announced Wednesday. However, it will keep selling existing stock.
Time
Apple A-series chip supplier Samsung this week announced plans to put a next-generation 10-nanometer chip fabrication process into production later in 2016, with the new technology supposedly affording a 10% increase in efficiency over existing iterations.
Apple Insider
TCL's net profit fell 92% on year to HK$14.25 million in the first quarter of 2016 as sales in China shrank sharply during its ongoing business transition. Revenue for the period fell 17 per cent, it said in a regulatory filing.
South China Morning Post
Microsoft has said it is to stop manufacturing the XBox 360 games console, 10 years after it launched.
BBC News
Investors don't know for sure how much of Qualcomm's revenue and profits are directly attributable to the iPhone. But analysts have recently estimated that if Intel won 30% to 40% of the iPhone chips, it would reduce Qualcomm's earnings per share next year by 6% to 9%.
Fortune
Qualcomm indicated on an earnings call Wednesday that it may be losing some orders from Apple for modem chips that link the iPhone to the web.
Bloomberg
The buyers include China's Apex Technology, which makes ink cartridge chips, and PAG Asia Capital, one of Asia's largest private equity firms.
BBC News
Intel is preparing a significant round of job cuts across business units this spring, according to multiple sources inside the company familiar with its plans.
Oregon Live
New York Times
Samsung Electronics is co-developing EMI shielding process that uses spray method with Protec, which is a South Korean company specializing in dispenser, Asymtek from the US, Hansol Chemical and Ntrium. While Protec and Asymtek are developing equipment, Hansol Chemical and Ntrium are developing EMI masking material that is in a form of ink. Samsung is planning to supply NAND-flash package with EMI shield to Apple when equipment and material are developed. It is predicted that supply will be possible starting from 2017.
ETNews.com
Toshiba said Friday that it has cut 14,450 jobs worldwide, roughly 30% more than planned, as it struggles to get back on its feet following a damaging book-cooking scandal.
Nikkei Electronics Asia
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