The selection process for a sponsor to support the rehabilitation of Elpida Memory has reached its final stage. Micron Technology, SK Hynix and a consortium of US and Chinese investment funds are expected to participate in the second round of bidding, which will likely wrap up Friday.

Toshiba will not participate in the second round of bidding for failed chipmaker Elpida Memory, the Sankei Shimbun reported in its Tuesday morning edition.

RF chip maker TriQuint Semiconductor cut about 70 jobs in Florida last week after issuing a disappointing quarterly report and sales forecast, according to a report by the South Florida Sun Sentinel.

The San Mateo, Calif., company said it filed confidential draft registration documents last week with the Securities and Exchange Commission. It was unclear when the company planned to file public registration documents and when it plans to go public.

Solar panel installations have fallen by almost 90% in the weeks since the government halved cut the subsidy available, according to Department of Energy and Climate Change figures.

Samsung Electronics has announced revenues of 45.27 trillion Korean won on a consolidated basis for the first quarter ended March 31, 2012, a 22-percent increase year-on-year.

The National Solar Mission, which aims to install 20,000 MW capacity of solar energy by 2020, has commissioned 89% of its allotted capacity in its first stage, government officials said.

German Chancellor Angela Merkel's effort to create jobs in renewable energy is faltering as subsidy cuts and competition from Chinese manufacturers forces the industry to stop hiring for the first time in eight years.

The travel industry complained yesterday that the government's recent decision to raise fuel prices and electricity rates will have a negative impact on the industry due to increased operational costs.

President Ma Ying-jeou repeated his call for energy saving Wednesday and revealed that the Presidential Office might replace all lamps in th

NRG Energy, First Solar and MidAmerican Solar representatives gathered to connect the first 100MW of the 290MW Agua Caliente Solar Project to the grid. The project is owned by NRG Energy and MidAmerican, while operator First Solar designed and constructed the plant in Yuma County, Arizona, using thin-film modules.

South Korean conglomerate Hanwha Corp. and ESB Novusmodus LP, a fund backed by Irish state utility Electricity Supply Board, led a $15.5 million Series B investment in closely held TenKsolar Inc.

Globalfoundries has started its production ramp on 28nm and anticipates a much smoother ride on 28nm than it had on 32nm.

Xilinx rose as much as 8.1% in extended trading after forecasting sales this quarter that may beat some analysts' estimates.

ST-Ericsson, a chipmaker that got caught up with the wrong crowd, has announced sweeping changes in an effort to stay relevant in the mobile market.

MStar has licensed the ARM Cortex-A9 MPCore and ARM926EJ-S processors, in addition to a range of ARM system IP for use in smart TVs, set-top boxes (STBs) and smartphones. MStar is already a licensee of the ARM Mali-400 MP GPU, which is used in mass production for MStar smart-TV system-on-chip (SoC) solutions.

It's the beginning of the end for the fabless model, according to Mark Bohr of Intel. Bohr also claimed TSMC's recent announcement it will serve just one flavor of 20nm process technology is an admission of failure.

Sandisk's first quarter results were messy and the outlook wasn't much better. The problem: Sandisk is making all the wrong moves and focusing on the wrong customers in the flash memory market.

Chipmaker Freescale Semiconductor said that its first-quarter loss narrowed from last year as the company cut costs in the face of declining revenue.

Texas Instruments, the largest maker of analog semiconductors, rose in extended trading after forecasting second-quarter earnings that may top some analysts' estimates, buoyed by a revival in chip orders.

When Apple launched the iPod nano, it attracted plenty of attention. While consumers swooned over its sleek design, analysts were more likely to hail it as a turning point for the storage industry.

German solar installations may have more than tripled in the first quarter from a year ago, the country's deputy environment minister said.

Some domestic solar manufacturers praised the recent import levy as a victory for job creation, but an analysis of the industry suggests the duty may actually be a job killer.

A Japanese government panel is likely to recommend utilities pay 42 yen (51 cents) per kilowatt-hour (kwh) for solar power supplies in a feed-in tariff scheme, in line with requests by the solar power industry, the Nikkei business daily said

A DWP pilot program will let solar power producers reduce their bills and sell excess energy, but some say they're worried the new system will be plagued by the same problems as an older system.

ASML dropped the most in six months after Europe's biggest semiconductor equipment maker didn't provide guidance for future orders in its first-quarter results.

IT bellwhether IBM missed Wall Street's revenue projections for Q1 by a smidgen but beat expectations for bottom line growth.

Qualcomm has warned that it was losing sales of its latest high-end chips because of limited supplies, with some customers likely to turn to rivals.

Independent environmental organization Greenpeace is in the midst of a disagreement with Apple after giving the tech giant and others like Amazon and Microsoft low Clean Energy Index scores.