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Global chipmaker Broadcom has reportedly acquired Israeli startup BroadLight for at least US$200 million, two Israeli newspapers report Tuesday.
NASDAQ.com
Elpida Memory has filed court papers in US Bankruptcy Court in Wilmington, Delaware, listing more than US$1 billion in assets and debt. It asked the court to recognize the Japanese case as the main bankruptcy proceeding.
Bloomberg
Intel is ready to start cranking out chips for tablets, but is the chipmaker moving fast enough to boost its presence in the mobile market?
MacWorld
Infineon's chief executive Peter Bauer has said the company wants to generate 50% of its total sales from Asia over the long term. Since it made over 40% of sales from Asia in fiscal 2011, it is clearly making progress on its target.
Wall Street Journal
Qualcomm has said it plans to buy back as much as US$4 billion of shares and raise its dividend by 16% to return cash to shareholders as earnings increase.
Bloomberg
Marvell Technology's fiscal fourth-quarter profit slumped 64% on weakness in the market for the chip maker's hard-drive components.
Marketwatch.com (Dow Jones)
The administrator of insolvent German chipmaker Qimonda is requesting EUR1.7 billion (US$2.23 billion) from its former parent Infineon , claiming Qimonda paid Infineon for a business in 2006 that was negative in value.
Reuters
Hynix Semiconductor said Thursday a US court has ruled in its favor in an antitrust claim filed by Rambus against the South Korean chipmaker.
NASDAQ.com
Qualcomm said Friday it will continue with technology acquisitions that help it grow but has no specific targets at the moment.
Marketwatch.com (Dow Jones)
Renesas Electronics and two other big Japanese chip makers have begun talks to combine their system chip operations and outsource production in a government-backed deal, sources said.
Reuters
Texas Instruments said it would close two older factories in Japan and Texas with 500 workers to cut costs. The company added it saw a broad resumption of demand in December that continued into January.
Reuters
Elpida Memory aims to put together a drastic restructuring plan by the end of January, which it then hopes to show to its creditor banks, as the struggling chipmaker faces a slew of upcoming corporate bond and loan repayments, the Mainichi Shimbun reported in its Sunday morning edition.
Marketwatch.com (Dow Jones)
Imagination is investing in Toumaz Microsystems, a newly-formed subsidiary of Toumaz, an Aim-traded company which has created a "digital plaster", a credit-card sized device with a wireless chip and electrocardiogram pads that remotely monitors patients' heart rate, body temperature and respiration.
The Financial Times
Wireless chipmaker Broadcom provided a more upbeat view for the fourth quarter, contrasting with fellow semiconductor companies that have recently tempered their expectations.
Wall Street Journal
Chipmakers Texas Instruments and Altera have both cut their forecasts for the fourth quarter.
Forbes
Freescale Semiconductor has filed a complaint with the US International Trade Commission (ITC) accusing MediaTek, Zoran and others of patent infringement, the ITC has said by way of an online posting of pending complaints.
EE Times
Didier Lamouche replaces Gilles Delfassy after the transformation of the company's portfolio roadmap from legacy feature phone products to smartphone and tablet platforms.
Company release
Infineon Technologies has said sales in fiscal 2012 will drop by a "mid-single-digit percentage" as customers hold off on orders.
Bloomberg (via Businessweek)
Fears about a wave of successive layoffs by semiconductor firms were stoked last week when two chipmakers gave out walking papers.
EE Times
The semiconductor market likely is bottoming, the chief executive of STMicroelectronics said, with conditions expected to improve in the coming weeks and months.
Marketwatch.com (Dow Jones)
Broadcom was down more than 4% at last check as Chief Executive Scott McMcGregor said in a statement that the company's outlook "reflects potential industry softness."
Marketwatch.com (Dow Jones)
Strong growth in customer numbers helped UK chipmaker ARM beat analysts' forecasts with its third-quarter results, despite "below seasonal growth in the semiconductor industry."
Finacial Times
Programmable logic vendor Altera has reported third quarter sales that came in below analysts' expectations and the company's own revised guidance, with CEO John Daane saying customers are burning through existing inventories in a manner reminiscent of the downturn of 2008.
EE Times
Xilinx's fiscal second-quarter profit fell 26% as the programmable-chip maker posted sales declines in its communications and industrial segments. Looking to the third quarter, the company projected a 3% to 8% sales decline from the second quarter.
Marketwatch.com (Dow Jones)
Infineon Technologies said it expects increasing caution in its industrial and multi-market sectors as well as in its chip card and security end markets to result in a mid-to-high single digit revenue decline in the next quarter.
Marketwatch.com (Dow Jones)
Linear, which makes semiconductors for industrial equipment and luxury cars, ranked above Microsoft and Apple - two companies with market valuations that are 30 to 50 times larger.
Bloomberg
Combining thermal protection feature that contributes to the lifetime of LEDs with flexibility in output current range from 350mA up to multiple amperes, the new drivers are cost-effective solutions for the design of highly-efficient indoor and outdoor lighting.
Company release
The South Korean shipbuilding and shipping group dropped out amid global economic uncertainties and concerns over investments needed to keep the chipmaker competitive, STX said in a statement.
Bloomberg (via Businessweek)
Infineon Technologies, flush with as much as US$3 billion in cash for acquisitions, is struggling to find an attractive target that would boost its most profitable business, power semiconductors.
Bloomberg (via Businessweek)
STMicroelectronics is closing one of its semiconductor R&D groups in Longmont, Colo., and laying off 44 people, according to a report by a Colorado newspaper.
EE Times
Texas Instruments has narrowed and lowered its expected ranges for revenue and earnings per share (EPS) for the third quarter of 2011. The reductions are due to broadly lower demand across a wide range of products, markets and customers.
Company release
It took just three months to put the microcontroller manufacturer's hard-hit Naka facility back in operation.
IEEE Spectrum
Avago's main smartphone customers are Samsung and HTC, but speculation is rife among analysts that some upcoming wireless devices from Apple, including new iPhones and the iPad 3, could use some Avago chips.
Investor's Business Daily
The East Kilbride Campus, which ceased production in 2009, was acquired by Clowes Developments (Scotland), an Edinburgh-based real estate developer. Financial details of the transaction were not disclosed.
EDN.com
Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email ftsales.support@ft.com to buy additional rights or use this link to reference the article - http://www.ft.com/cms/s/2/24c99176-b81a-11e0-8d23-00144feabdc0.html#ixzz1TmqNu1c7 CSR has warned of "increasing economic uncertainty and weakness in some areas of the handset market" as it reported a slide in revenues for the first half of 2011.
The Financial Times
Expected problems in the automotive supply chain failed to materialize for Infineon Technologies in the second quarter and helped the German chip maker turn in higher than expected sales and profits in its third fiscal quarter ended June 30.
EE Times
Citing strong global smartphone adoption and the "expanded opportunities" afforded by its completed acquisition of Wi-Fi chipmaker Atheros, Qualcomm also raised its revenue and (non-GAAP) earnings guidance for the rest of the year.
Forbes
Chipmaker Wolfson Microelectronics has lost a quarter of its value after it warned on profits after customers sold fewer products than expected and delayed new launches. The company supplies chips for smartphones and tablets for the likes of Samsung, LG and Research in Motion (but crucially, not Apple).
The Guardian
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