ARM is part of a consortium buying the rights to MIPS' portfolio of 580 patents, contributing US$167.5 million to the total US$350 million purchase price. As for ARM itself and its consortium colleagues, its part of the deal will reduce the risk of any infringement of MIPS' patents.

Chipmaker ARM Tuesday reported higher profit and revenue for the third quarter, adding that it expects group dollar revenues for the fourth quarter in-line with market expectations.

STMicroelectronics and Ericsson , joint owners of ST-Ericsson, said they had hired an adviser to help deal with the chipmaker.

Texas Instruments said it will shift its wireless investment focus from products like smartphones to a broader market including industrial clients like carmakers where it is hoping for a more profitable and stable business.

For the first quarter of fiscal year 2013 Infineon expects a revenue decline of up to 10% relative to the fourth quarter of the 2012 fiscal year. The management board will define and implement measures to improve profitability beyond the first quarter of the 2013 fiscal year.

A Japanese court has delayed its ruling on two competing plans to restructure failed chipmaker Elpida Memory, a source with direct knowledge of the matter said.

Warren East, chief executive of ARM, said the chipmaker was holding back on some of its recruitment plans in 2012 amid fears of a slowdown in sales in the second half of the year.

Prior to joining Globalfoundries, Bruce Kleinman served as corporate VP of platform marketing at Xilinx, where he led product marketing, product planning and technical marketing.

DesignArt, based in Israel, focuses on small-cell modem and system design for cellular base stations and high-speed wireless infrastructure.

Elpida Memory, the bankrupt Japanese chipmaker being bought by Micron Technology, will get JPY280 billion (US$3.5 billion) in support from the US company, the Asahi newspaper said.

Chipmaker Marvell technology said Thursday that its second-quarter net income fell by more than half as revenue declined but research and sales costs rose.

Struggling Japanese chip firm Renesas Electronics has forecast it will make a net loss of JPY150 billion (US$1.91 billion) driven by restructuring costs for the fiscal year ending March 31, 2013, as it published sales down 11% sequentially for the first fiscal quarter, ended June 30.

A key battlefield is emerging for suppliers of mobile chips - the low-end smartphone market in developing countries.

German chipmaker Infineon Technologies said Tuesday it will reduce its investments to safeguard operating margin after it dropped in the fiscal third quarter.

A group of Elpida Memory bondholders will vote against Micron Technology's plan to acquire the bankrupt Japanese chipmaker for about US$750 million, arguing that it undervalues the company's assets, a court filing shows.

The current global economic uncertainties led to a softer than expected development in the company's operating business, Infineon said in a statement.

Qualcomm has acquired Summit Microelectronics, a developer and provider of programmable power ICs. Qualcomm's power management roadmap will be significantly enhanced with the addition of Summit's expertise and products.

The insolvency administrator of Qimonda has increased his request for payment in the lawsuit pending in the Munich District Court I over the alleged economic re-establishment of Qimonda, according to Infineon.

Japan's NEC will not provide a fresh capital injection to support loss-making chipmaker Renesas Electronics, a senior NEC executive said in a newspaper interview.

Chipmaker Cypress Semiconductor has offered to buy smaller rival Ramtron International for about US$87.6 million in cash, revamping a bid it made last year.

Lantiq has appointed Board of Directors member Dan Artusi as Chief Executive Officer of Lantiq.

A group of Elpida Memory bondholders opposes Micron Technology's offer to buy the bankrupt Japanese chipmaker as too low and has begun talks with SK hynix and Globalfoundries on an alternative plan, a source with direct knowledge of the matter said.

Japanese chipmaker Renesas has seen its shares tumble to a record low amid reports it is planning to raise cash and cut jobs.

The confirmation came after a Yomiuri Shimbun report that the chipmaker would likely outsource some microchip production to TSMC under a tie-up.

Loss-making Japanese chipmaker Renesas Electronics plans to cut 6,000 jobs, about 15% of its workforce, and raise JPY50 billion (US$630 million) through a third-party share allotment, the Yomiuri Shimbun reported on Tuesday.

Peter Bauer, CEO of Infineon Technologies, will resign his post at the end of the current fiscal year due to health reasons.

The Indian government has granted its 4G broadband spectrum to Qualcomm nearly two years after the US chipmaker paid US$1 billion in an auction.

Micron has offered a total of JPY220 billion in financial assistance and would also allow Elpida to retain its two main plants in Hiroshima and Akita prefectures, according to sources.

China's Hony Capital plans to sell or outsource the operations at Elpida Memory's Hiroshima DRAM plant to Semiconductor Manufacturing International Corp (SMIC) if its bid for the bankrupt Japanese chipmaker is successful, the Nikkei business daily said on Tuesday.

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

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.

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

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.

MIPS Technologies is looking for a buyer, according to people with knowledge of the decision.

Private equity firms TPG Capital LP and China's Hony Capital are to bid jointly for Elpida Memory, a source familiar with the matter said on Friday, joining an increasingly international battle for the bankrupt Japanese chipmaker.

Hynix Semiconductor has submitted an initial proposal to bid for Elpida Memory, the Japanese chipmaker that filed for bankruptcy last month. Hiynix said in a regulatory filing that it will decide whether to make a final bid after due diligence.

Toshiba will bid against Micron Technology to become the sponsor of Japan's failed chipmaker Elpida Memory, the Nikkei newspaper said.

Memory chipmaker Micron Technology, which rocked in February by the death of its CEO in a plane crash, on Thursday posted a US$224 million net loss in the second quarter as sales fell.