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EU plans $6.4 billion effort to boost chip manufacturing

EU plans $6.4 billion effort to boost chip manufacturing

The European Commission announced plans to spend 5 billion euros ($6.4 million) over the next seven years to try to spur microprocessor manufacturing in the European Union.

The funds, which the EC said will be matched by the same amount coming from the private sector, are designed to enable Europe to double its share of chip manufacturing and thereby help other industrial sectors that are embracing electronics.

"I want to double our chip production to around 20 percent of global production. I want Europe to produce more chips in Europe than the United States produces domestically," said … Read more

Broadcom unveils new 5G Wi-Fi chips for PCs, tablets, phones

Broadcom unveils new 5G Wi-Fi chips for PCs, tablets, phones

Broadcom is ramping up more chips designed to support 5G Wi-Fi, aka 802.11ac.

The chipmaker today announced its first 5G Wi-Fi combo chips designed specifically for entry-level consumer devices, meaning PCs, notebooks, tablets, and smartphones. Combo chips offer Wi-Fi, Bluetooth, and FM radio all in one package. This second generation of 5G Wi-Fi chips includes the same features as Broadcom's current lineup but integrates more components to keep costs down.

"This 1x1 design lowers cost while still delivering dramatic speed, power and performance, empowering a broad new user base to effortlessly stream HD video, and significantly increase … Read more

Lenovo scores record sales amidst PC industry slump

Lenovo scores record sales amidst PC industry slump

Lenovo seems to be the only top PC vendor bucking the trend of sour sales.

The Hong Kong-based company today reported record results for its fiscal year that ended March 31. For the year, Lenovo captured sales of $34 billion, a 15 percent increase from the prior year. Earnings hit $635 million, up 34 percent. And its PC shipments grew by 10.2 percent, compared with an overall industry drop of 8.1 percent.

Lenovo's 15.5 percent market share for the year put it in within reach of stealing the top spot from Hewlett-Packard. A recent report from … Read more

Tesla repays government loan early, a boost for electric cars

Tesla repays government loan early, a boost for electric cars

In what could be viewed as a shot in the arm for U.S.-made electric cars, Tesla Motors has repaid a government loan nine years early.

"Today, Tesla Automotive repaid the entire remaining balance on a $465 million loan from the Department of Energy nine years earlier than originally required," the U.S. Department of Energy said in a statement Wednesday.

That clean-energy loan was made in 2010.

And the U.S. energy secretary, Ernest Moniz, seemed to address critics of clean energy loans while trumpeting the success of Tesla.

"When you're talking about cutting-edge … Read more

HP CEO talks Android, not Windows 8

HP CEO talks Android, not Windows 8

Hewlett-Packard CEO Meg Whitman had a lot more to say about the company's new Android products than she did about Windows 8 during HP's second-quarter earnings conference call.

Whitman's remarks hinted at HP's newfound affinity for new operating systems, which includes Android of course.

"Using multiple operating systems, multiple architectures, and multiple form factors, we are moving quickly to product the devices that customers want," she said.

Then she proceeded to talk about new Android devices, with no mention of Windows 8.

"Following the launch of our first Chromebook in February, we launched … Read more

HP's Q2 revenue slips, but Whitman looks ahead

HP's Q2 revenue slips, but Whitman looks ahead
Leading up to Hewlett-Packard's second-quarter earnings report after the bell on Wednesday, analysts were expecting a mixed bag.

They got one.

The tech giant reported earnings of $1.1 billion, or 55 cents per share. Non-GAAP earnings were 87 cents per share on a revenue of $27.6 billion.

Wall Street was expecting earnings of 81 cents a share on revenue of $28 billion for the second quarter.

Out of the six core segments highlighted in the second quarter report, only the software group posted a positive revenue mark as the support team was up by 12 percent annually. … Read more

Laptops equipped with touch screens on the rise, IHS says

Laptops equipped with touch screens on the rise, IHS says
In response to falling prices, nearly 25 percent of all laptops should have touch screens by 2016, IHS said Wednesday.

Windows 8 is the first version of Microsoft's popular operating system that works well with touch. The technology has been promising, and many companies have vowed to make more products with touch screens. But so far, high pricing and low supply have limited the number of touch-based PCs on the market.

IHS said global shipments of notebooks equipped with touch screens should jump to 78 million units in 2016, up from 4.6 million in 2012. This year alone, … Read more

Clearwire board OKs Sprint's revised, $3.40/share bid

Clearwire board OKs Sprint's revised, $3.40/share bid

Just a day after Sprint upped its bid to acquire Clearwire, the latter's board has said that it's the right deal for the company.

In a statement released Wednesday, Clearwire's board announced that it has approved the new deal with Sprint. The board has also asked shareholders to vote in favor of the acquisition when they meet to place their ballots on May 31.

Sprint made a surprising announcement Tuesday, saying that it would up its initial offer to buy the remaining 50 percent of Clearwire that it doesn't own from $2.97 per share to $… Read more

Chrome gets a touch faster

Chrome gets a touch faster

Already known for its speed, Google just boosted Chrome's Web site rendering speed by another 5 percent.

The latest stable release of the browser, Chrome 27 (download for Windows, Mac, or Linux), received the small improvement by managing its resources better. To boil down the jargon, the browser's internal resource scheduler now favors more critical resources over preloaded sites.

Chrome engineer James Simonsen wrote in the company's blog announcing the update Tuesday that, across the hundreds of millions of people using Chrome, the amount of time saved equals around 510 years per week. But what we're … Read more

Mike Bell to lead Intel's 'new devices' unit

Mike Bell to lead Intel's 'new devices' unit

Former Apple and Palm executive Mike Bell has been picked by Intel to steer the company's newly-formed new devices division.

AllThingsD is reporting that Bell, previously the co-leader of Intel's mobile chip group, will be focusing on "ultra-mobile" products.

The move comes as part of a bigger internal Intel organizational juggling by the company's new CEO Brian Krzanich. Hermann Eul, Bell's co-leader of the mobile chip unit, will now be running the unit solo.

Despite its 2011 purchase of Infineon to get into the mobile chip market, and the inclusion of Intel's Atom … Read more

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