Aricent signs deal to acquire SmartPlay Technologies

Aricent announced its deal to acquire SmartPlay Technologies, a product engineering services firm. The acquisition will assist Aricent to become the #1 product engineering services firm in the semiconductor market. Aricent will have more than ...

Qualcomm signs wireless charging agreement with BRUSA

Qualcomm announced its Wireless Electric Vehicle Charging (WEVC) license agreement with BRUSA Elektronik AG, an automotive power electronics supplier. As per the deal, BRUSA has licensed Qualcomm Halo inventions to commercialize WEVC systems for ...

Qualcomm to cut 4,700 jobs to save $1.4 billion

Wireless chip vendor Qualcomm will cut its workforce by 15 percent or nearly 4,700 of the 31,300 employees in a bid to reduce costs by $1.4 billion. The decision to cut jobs follows a 14 percent drop in revenue to $5.8 billion in Q3 fiscal 2015 ...

Qualcomm faces probe by European Commission

Months after settling a major probe in China, chip major Qualcomm is facing a related probe by the European Commission. The European Commission has taken the procedural step of initiating proceedings against Qualcomm with regard to the two ...

Qualcomm China president Xiang Wang steps down

Qualcomm Greater China president Xiang Wang has stepped down. Frank Meng will be the new chairman of Qualcomm China and he will report to Derek Aberle, president of Qualcomm. Meng has earlier spent eight years with Qualcomm, which included ...

Broadcom brings 5G Wi-Fi XStream MU-MIMO platform

Semiconductor supplier Broadcom announced 8-Stream 5G Wi-Fi XStream MU-MIMO platform – delivering 5.4 Gbps of Wi-Fi data rates. Broadcom will preview the new 5G Wi-Fi XStream platform at COMPUTEX from June 2-6, Taipei, Taiwan. The new 8-Stream ...