Tag - Intel
Intel has cancelled its plans for its next-generation Atom chip codenamed "Broxton," reports Forbes. The move effectively concedes the smartphone chip market to the ARM-based competition, powering devices like Apple's iPhone, iPad, and some Android smartphones. Intel Atom chips can also currently be found in a handful of low-end Android tablets as well, as well as low-end Windows notebooks. Having missed the boat on the mobile chip revolution, the company is restructuring its operations, which will cost the jobs of 12,000 employees.
The days of the headphone jack may be numbered, if Intel's intentions over device connectivity gains traction. The processor producer has proposed that the widely-used 3.5mm audio jack should be removed "from audio sources" in favor of a different connectivity technology, with it putting forward at an IDF Shenzen talk the suggestion that the replacement could be a connection type already being used in some devices: USB Type-C.
Intel is cutting a significant amount of employees from its workforce, with the loss of up to 12,000 jobs. The announcement of layoffs affecting 11 percent of the processor maker's staff, with losses taking place around the world, is being billed as a "restructuring to speed its transition" into a company refocused on building its Internet of Things (IoT) and data center businesses, as it fights the effects of the PC market's continuing decline.
In a recent federal 10-K filing with the FTC, Intel has revealed that its next chip series will comprise a three-stage pipeline of development, breaking for the first time the familiar "tick-tock" cycle that took existing processors designs and migrated them to new manufacturing processes. This change is the result of a predictable flaw in "Moore's Law," which said originally in 1965 that the number of integrated circuits on a chip would double every year, but was revised ten years later to predict the double occurring roughly every two years -- a prediction that has held true ever since.
Intel has announced that the company's former CEO and Chairman Andrew S. Grove passed away today at the age of 79. Under Grove's leadership, Intel migrated from memory chips to microprocessors, and produced the chips, including the 386 and Pentium, that helped usher in the PC era.
The next iPhone may contain a few components sourced from Intel, replacing some components traditionally sourced from Qualcomm, according to a report. The chip producer is allegedly working on producing a version of its 7360 LTE modem specifically for use in next year's iPhone refresh, with the view to producing both the modem and a new Apple System on Chip (SoC) if Apple approves of Intel's communications chip work.
From rumor to fact in 48 hours. The big PC powerhouses Microsoft, Dell, Intel, Lenovo, and HP have launched a new program, reminding web surfers and cable watchers about all the things that computers can do. We have two difficulties about criticizing the new "PC Does What" ad campaign: where to begin and how long have you got? There is not one single chance that you saw this and didn't wonder how in the world it ever came into anyone's head, let alone the world.
In an unprecedented technology company collaboration, computing magnates Dell, HP, Intel, Lenovo, and Microsoft are teaming up in an advertising campaign to boost the flagging PC industry. The slogan for the advertising effort, said to be "PC Does What" could be announced as early as Thursday, according to sources familiar with the matter.
Intel Corporation yesterday reported third-quarter revenue of $14.5 billion, operating income of $4.2 billion, net income of $3.1 billion and earnings per share of 64 cents. The company generated approximately $5.7 billion in cash from operations, paid dividends of $1.1 billion, and used $1.0 billion to repurchase 36 million shares of stock. While the company met its own quarterly predictions, the 6.3 percent drop in income from a 19 percent drop in processor shipment volumes from the third quarter fell short of analysts' expectations.
A settlement proposal by major tech companies to end a multi-year lawsuit over anti-poaching policies has been accepted on the second attempt. US District Court Judge Lucy Koh has approved the settlement, proposed in January by co-defendants Apple, Google, Intel, and Adobe, with the joint settlement figure of $415 million being a significant increase from the settlement figure of $324.5 million originally proposed by the companies.