chipmaker

BRUSSELS - EU antitrust regulators extended on Friday their deadline for a decision on U.S. chipmaker Broadcom's proposed $61 billion bid for cloud computing firm VMware by three days to June 26.The deadline was extended in agreement with the companies, a European Commission spokesperson said. Broadcom Chief Executive Hock Tan last week sought to convince the European Commission of the merits of the deal at a closed hearing. The company is expected to offer remedies in the coming days.Discover the stories of your interest…

Qualcomm has agreed to acquire an Israeli fabless chipmaker called Autotalks, and according to TechCrunch, the deal will cost the company around $350 to $400 million. Autotalks creates chips and vehicle-to-everything (V2X) communication technologies dedicated towards boosting road safety for both ordinary and driverless vehicles. In its announcement, Qualcomm said that Autotalks' "production-ready, dual mode, standalone safety solutions" will be incorporated into the Snapdragon Digital Chassis, its set of cloud-connected…

Longtime Kleiner Perkins partner Wen Hsieh is leaving the Silicon Valley venture capital establishment to start a fund with backing from the firm and Taiwanese chipmaker TSMC, sources told Reuters. Hsieh is in advanced talks to raise $200 million from limited partners including Kleiner Perkins and TSMC for the new fund called Matter Ventures. A Kleiner Perkins spokesperson confirmed Hsieh's departure and the firm's participation in the fund. TSMC did not respond to a request for comment. Kleiner Perkins's Haomiao Huang is…

Image Source : QUALCOMM (OFFICIAL WEBSITE) Qualcomm: Global Chip-maker begins layoffs to support long-term growth Qualcomm: The global chip-maker Qualcomm has started layoffs. The reduction in the workforce will impact both full-time and temporary employees. As per reports, the layoff plan has been executed as "workforce reduction is needed to support long-term growth…

Global chipmaker Qualcomm has started layoffs, impacting both full-time and temporary employees, as "workforce reduction is needed to support long-term growth and success".According to reports, Qualcomm may eliminate 1,500 jobs in California alone.The reports came as Qualcomm struggles to close its purchase of NXP while concurrently meeting its goal to cut costs by $1 billion."As part of the cost reduction plan announced in January, Qualcomm is conducting a reduction of our full-time and temporary workforce. A workforce…

Chipmakers STMicroelectronics and GlobalFoundries secured EU approval on Friday to build a chip factory with French state aid in France. The companies announced their plan in July last year, with the new facility to be situated next to STM's existing plant in Crolles and targeted to reach full capacity by 2026, with up to 620,000 wafers per year of production at a size of 18-nanometers. "The aid will take the form of direct grants to ST and to GF, to support their investments in the project worth totally 7.4 billion euros…

The US secretary of commerce and her South Korean counterpart agreed to "minimise uncertainties" of chipmakers' investments amid new US semiconductor subsidies, Korea's industry ministry said on Friday. Companies such as Samsung Electronics and SK Hynix, the world's No. 1 and No. 2 memory chipmakers, are concerned about the criteria for subsidies from the CHIPS Act, South Korean President Yoon Suk Yeol has said. Industry Minister Chang-Yang Lee asked Secretary of Commerce Gina Raimondo to help resolve chipmakers'…

<!----> Bosch is expanding its semiconductor business with silicon carbide chips. The technology company plans to acquire assets of the U.S. chipmaker TSI Semiconductors, based in Roseville, California. With a workforce of 250, the company is a…

Atomera Inc, a Silicon Valley firm with a new material for improving semiconductors, on Wednesday said it has signed a deal with STMicroelectronics NV under which the European chipmaker could start using Atomera's technology in production. Atomera said the deal allows STMicro to install Atomera's technology in its factories, and manufacture and distribute chips made with it. The companies did not disclose terms of the deal. Atomera has developed a new material that can slot into existing semiconductor manufacturing…

The decision to set up a manufacturing facility lies only with companies which have announced proposals to set up semiconductor fabrication units in India, the minister of state said in his reply. A shift away from made-in-China chips amid Sino-US tensions has opened up capacity that some customers are happy to use, Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday. Many Western companies are reviewing their supply chains and reliance on China as a manufacturing base, with Washington stepping up…