Toshiba also may be among the initial customers since the three companies partner with SK Hynix on the development of resistive random access memory, or ReRam.

Analysts have projected that IBM is likely to cut 6,000-8,000 jobs worldwide and from a variety of positions.

Future Horizons has said it included the comment "We assume GlobalFoundries will purchase IBM's semiconductor division and that Hynix/Micron will buy up the remaining smaller memory firms," in the conclusions of a report prepared by Future Horizons and Decision SA for the European Commission on the future of 450mm wafer processing in Europe.

More companies are being linked to the Indian government's plan to get one or more semiconductor wafer fabs constructed on the sub-continent. At least five chip companies have expressed an interest in supporting the project, according to a Hindu Business Line report.

Japan's Toshiba Corporation has agreed to buy IBM's point-of-sale (POS) business in a deal worth US$850 million.

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

Facebook has added a trove of IBM patents to its arsenal on an increasingly lawsuit-strewn technology battlefield.

IBM fired more than 1,000 workers in North America this week, according to an employee advocacy group.

Atomic Precision Systems (APS), a little-known semiconductor equipment vendor specializing in deposition technology, has filed a patent infringement suit against Intel, IBM and Micron Technology claiming that they willfully infringed on an atomic layer deposition (ALD) patent held by APS, according to a statement issued by the company's law firm Tuesday.

Advanced Micro Devices has disclosed at an analyst event that it had begun manufacturing of its chips at IBM's facilities. The partnership is believed to ensure AMD's ability to supply its next-generation A-series Fusion chips code-named "Trinity" to PC makers and be in position to compete against Intel's Core i-series future products.

Globalfoundries and IBM have announced an agreement to jointly manufacture advanced computer chips at both companies' semiconductor fabs in New York's "Tech Valley." The new products recently began initial production at IBM's 300mm fab in East Fishkill and Globalfoundries' Fab 8 in Saratoga County, and are planned to ramp to volume production in the second half of 2012.

IBM and Micron Technology are beginning to produce a new memory chip based on technology designed to boost memory speeds 15-fold. The technology will be used to make a Hybrid Memory Cube chip that will be commercially manufactured by Micron.

Both IBM and Samsung are well on their way to exceed the number of the patents they received in 2010 - when IBM got 5896 and Samsung 4551.

It's the first time since 1996 that IBM closed ahead of Microsoft. Microsoft was worth three times as much as IBM in 2000.

IBM and Intel will invest US$4.4 billion over five years to create a hub for next-generation computer chip technology in New York, according to the state's Governor Andrew Cuomo.

3M and IBM have announced that the two companies plan to jointly develop the first adhesives that can be used to package semiconductors into densely stacked silicon "towers."

IBM has announced a definitive agreement to acquire Algorithmics for US$387 million, subject to price adjustments at closing. Algorithmics is a risk analytics firm with operations in Toronto, Canada.

PCs are going the way of typewriters, vinyl records and vacuum tubes, said an IBM engineer who worked on the development of the 5150 and owns three of the nine patents for it. PCs will still be "much used" in the future but are no longer the force for innovation they once were.

IBM has solved two related problems with phase-change memory and now says the fast next-generation data-storage technology will be ready for use in 2016 in servers.

TSMC could make its first 3D chips commercially available before the end of 2011, according to a person close to the situation who requested anonymity.

The agreement extends access for ARM to assure early time-to-market readiness of the necessary platform of physical and processor IP solutions for nodes ranging from 20nm through 14nm.

Under the agreement, IBM receives a five-year license to certain of Misaud patents. IBM's processor and ASIC products that contain embedded DRAM are licensed under the agreement.

Nokia India and IBM will offer a solution for Nokia business phones to get direct, secure access to email and personal information through IBM Domino servers.

IBM seems to be shifting away from semiconductor manufacturing, and planning to rely on Samsung and GlobalFoundries as foundry suppliers. Both foundries are set to have wafer fabs for foundry operations in the US, which could help cement relations.

IBM has been known to revel in its image as the most boring technology company. But Chief Executive Samuel Palmisano took that a step further when he used a rare public appearance to tell his Silicon Valley rivals they should consider being more boring themselves.

Silicon Valley may be an epicenter of the nascent electric car industry, but don't expect the battery revolution to mimic the computer revolution, one of IBM's top energy storage scientists advises.

IBM has announced details of what it claims is the world's fastest computer chip - the microprocessor in a new version of the IBM mainframe that begins shipping to customers on September 10.