Toshiba's new chief executive said he won't pull the plug on the company's unprofitable television and personal-computer operations, shunning the "easy option" of exiting cutthroat competition for a chance to reclaim its former prominence in the businesses.

KLA-Tencor forecast current-quarter revenue below expectations as slumping personal computer sales hurt demand for new chip-manufacturing gear, sending its shares lower.

Advanced Micro Devices hopes for financial stability after years of struggles, but analysts said that a volatile PC market could derail the chip designer's progress.

Samsung Electronics has decided to ditch its unprofitable desktop PC business and devote itself to tablet computers and all-in-one laptops, company officials said Monday.

With the return of PC manufacturing to the US, the company is adding 115 new manufacturing jobs in North Carolina and is on track to fully ramp up production by the end of June.

As the PC market continues to tip further into free fall - with IDC forecasting a 7.8% sales decline this year - one Wall Street analyst suggested Tuesday that PC buyers will continue to wait for Windows Blue and the second half of 2013 to upgrade their PCs.

A source familiar with the situation tells me that the software giant was worried about other customers thinking that Microsoft had incentive to value one over another, so it chose not to take an equity position.

Dell is in buyout talks with private-equity firms, two people with knowledge of the matter said. The shares surged.

There is a growing demand for solid-state drives (SSDs) despite declining numbers in the PC sector. The company said it has seen a 20-percent rise in SSD orders during 1QF13 alone.

Micron Technology has reported a wider fiscal first-quarter loss as a slump in demand for personal computers led to a supply glut, weighing down prices.

AMD has reduced chip orders from supplier Globalfoundries as it tries to cut costs to preserve cash amid a PC-market slump.

ARM's market share for traditional or tablet computers will rise to "double digits" in 2013, with market share for traditional PCs alone exceeding 10% by 2015, according to Ian Drew, company executive VP for marketing and business development. Drew said the company's traditional PC market share is in single digits now.

The maker of wireless chips posts quarterly results much better than it anticipated, and the numbers stand in stark contrast to those of other companies, such as Intel.

After Motorola Mobility closed its Nanjing R&D office, the Chinese PC maker Lenovo has benefited by taking on a number of the rival firm's bereft staff.