Qualcomm said Wednesday that its revenue and profits fell in both the fourth quarter and the year as it struggled to get Chinese customers to pay for licenses.

Taiwan's President Ma Ying-jeou will meet his Chinese counterpart Xi Jinping in Singapore on Saturday - the first ever meeting between leaders of the two sides.

Qualcomm has signed a new worldwide 3G/4G license agreement with ZTE. The license includes terms that are consistent with the rectification measures that Qualcomm submitted to China's National Development and Reform Commission (NDRC) in February, 2015.

Treasury unexpectedly axes incentive for building new renewable energy sources, on top of previously announced subsidy cuts

Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector in almost two decades.

Samsung Electronic's earnings are heading in the right direction for the first time in nearly two years thanks to its semiconductor and display businesses.

PMC-Sierra said Microsemi's $2.35 billion takeover offer wasn't superior to a bid from Skyworks Solutions because the Skyworks deal "provides more value certainty to shareholders" than the Microsemi proposal, which was "nominally higher."

Samsung Electronics is tapping its $50 billion cash pile to buy back shares and invest in its components business after struggles in the smartphone division battered investors. Shares surged.

Share on Facebook Share on Twitter STMicroelectronics is considering a bid for Fairchild Semiconductor International as Europe's largest chipmaker seeks to boost growth and shore up its digital products business, according to people familiar with the matter.

Adding to its long list of forward thinking initiatives, Apple (NASDAQ:AAPL) has made a considerable effort to make its energy resources green. The company owns at least 60 megawatts of solar plants built by SunPower (NASDAQ:SPWR), is contracted with First Solar (NASDAQ:FSLR) to buy $848 million of solar electricity over 25 years, and is now committing to a plan to build two gigawats of renewable energy in China.

Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector in almost two decades.

Sony's FMP X10 4K UHD media player is already starting to look just a little tiny bit dated now that a number of new streaming 4K UHD media boxes have emerged for the home entertainment market.

Steadily rising yields at LG's OLED-panel manufacturing facilities made it possible for the company to roll out OLED TVs to more than 2,000 brick-and-mortar stores, drop prices of the four newest Ultra HD 4K models by 30 to 45 percent, and bring out a 1080p OLED display at $1,999, said Tim Alessi, head of product development at LG Electronics USA.

This is a huge development for the company's data center business, as its long-term goal is to become a complete provider of data center solutions.

Philips has announced that its $3.3bn sale of Lumileds could be blocked by US authorities.

Toshiba is in talks to sell its image sensor business to Sony for about Y20bn ($165m) in the latest effort by the lossmaking nuclear-to-semiconductor conglomerate to raise cash after a $1.9bn accounting scandal.

In what may be another sign that Apple is getting serious about cars, the company has hired Jonathan Cohen, the director of deep learning for chip-maker Nvidia. Nvidia is best-known for its graphics products used for computer games, but it has recently been pushing into the world of autonomous vehicles.

It's now being rumored that Keller has joined Samsung, where he'll begin work in the mobile processor division.

Texas Instruments' chief financial officer said Wednesday (Oct. 21) that the company doesn't have immediate plans to join the consolidation frenzy currently taking place in the semiconductor industry.

SK Hynix has returned to the consumer solid state drives market again, three years after the company disappeared in the market in 2012.

Apple is cleaning up its manufacturing operations in China to reduce the air pollution caused by the factories that have assembled hundreds of millions of iPhones and iPads during the past eight years.

3M unveiled a restructuring plan that includes an expected workforce reduction of roughly 1,500 positions globally as the diversified manufacturer reported that its third-quarter earnings were nearly flat and currency impacts weighed on revenue.

Intel's move comes as the chip industry undergoes a wave of consolidation and China steps up efforts to build local technology manufacturing capacity.