Chip firms ink $66 billion in mega mergers as Internet of Things connections spread
Chip companies are merging, signing $66 billion worth of deals this year alone in preparation for an explosion of demand from all walks of life as the next technological revolution takes hold: the Internet of Things. As cars, crockery and even cows are controlled or ...
While much of Japan relaxes during the Bon summer holiday period, its top semiconductor makers are keeping their factories running to meet fierce demand from China for the technology that runs smartphones. Demand is expected to heat up even more with the launch of Apple ...
Struggling chipmaker Renesas Electronics Corp., seeking to accelerate restructuring efforts, plans to slash another 5,400 domestic employees, or around 20 percent of its workforce, by the end of March 2016 through early retirements, according to company sources. The labor union, however, opposes the plan. The ...
Sony's newest hit tucked away in top smartphones, cameras
Sony Corp. has a hit product on its hands. Apple Inc., Samsung Electronics Co. and LG Electronics Inc. will be happy to sell it to you. Sony's latest star performer isn't a gadget like the Walkman or PlayStation. Instead, it's a chip found in almost ...
Panasonic scores surprise profits thanks to weakening yen, cost cuts
Panasonic Corp. and Fujitsu Ltd. are considering setting up a new company possibly in the business year from April to merge their system LSI chip operations, sources said Friday. The move is aimed at rebuilding their respective loss-making businesses by integrating design and development functions ...
