Financially troubled Japanese chipmaker Renesas Electronics Corp. said Friday it will sell its Aomori Prefecture-based semiconductor assembly unit Renesas High Components Inc. to electronic component maker Aoi Electronics Co. as part of its restructuring.
Panasonic Corp.'s stock dropped to its lowest level in about 37 years at one point Thursday on selling triggered by the export-sapping appreciation of the yen and an overnight fall in U.S. shares. "The level of Panasonic's profitability isn't as high as before," a stock analyst said. "Uncertainty has grown over the company's earnings amid a worsening business environment."
American companies should avoid doing business with China's two leading technology firms because they pose a national security threat to the U.S., the House Intelligence Committee is warning in a report. Reflecting U.S. concern over cyber-attacks traced to China, the report also recommends that U.S. government computer systems not include any components from the two firms because that could pose an espionage risk.
Foxconn Technology Group said Saturday that production at its central Chinese factory that makes Apple's iPhones was continuing without interruption, denying a labor watch group's report that thousands of workers at the plant had gone on strike.
U.S. authorities have arrested Alexander Fishenko, owner of Arc Electronics Inc., and seven of his employees including Alexander Posobilov, who was the company's director of procurement, accusing them of being involved in a scheme to illicitly sell military technology to Russia.
Applied Materials Inc., facing a sputtering economy and weak demand for its chip-making equipment, said it is cutting its workforce by up to 9 percent. The company said it is offering a voluntary retirement program and taking other actions that will reduce its headcount by 900 to 1,300 around the globe.
In this episode of Engineering Newswire, brought to you by PD&D TV: The new iPhone 5 features a thinner, lighter design, with a taller screen, a faster processor, and updated software, everything you’d hope to expect from a new phone – except a suitable map app. Rethink Robotics has unleashed a revolution in manufacturing with the friendly faced, factory robot: Baxter.
Google says it is expanding its plan to cut jobs from its Motorola Mobility unit outside the U.S. and will take $390 million in charges related to the layoffs. Google Inc. said in August that it would cut about 4,000 jobs at Motorola, three months after buying the cellphone maker.
Researchers including a top University of Arizona cardiologist have developed a new kind of biodegradable electronics robust enough for applications such as medical implants yet completely dissolvable in water or bodily fluids. The technology could have broad applications for medical implants, environmental monitors and consumer devices.
Electronics maker Lenovo will start making computers at its warehouse near Greensboro, N.C. The company announced Tuesday that it will hire 115 employees to help make the tablet, notebook and desktop computers at its Whitsett facility about 10 miles east of Greensboro.
As our society progresses, robotics and algorithms are becoming more advanced at an exponential rate. This has been apparent for quite some time. So, are droids really taking our jobs? In a word, yes. Though, this brings about a much more political issue – job creation.
South Korea's Samsung Electronics Co. says it has filed a motion with a U.S. court to add Apple's iPhone 5 to their ongoing patent battle. Samsung says it filed the motion Monday with the California court, alleging that Apple's new phone infringes on eight of its patents.
Sony is expanding its sprawling electronics to movies business empire with a new venture — looking inside the human body. The company said it will spend $640 million for an 11 percent stake in Olympus, an embattled maker of endoscopes, which are the long thin camera-equipped instruments that allow medical professionals to peer inside the body.
Intel previewed a wave of tablet computers powered by a microprocessor that the company redesigned to make a bigger dent in the rapidly growing mobile market. All the devices depend on Intel Corp.'s new processor and Windows 8, a dramatic overhaul of the widely used operating system made by Microsoft Corp.
As good as it is, USB was designed with safe office and IT environments in mind. When it moves into the real world, as it is currently doing in industries ranging from manufacturing to health care, USB reveals a number of inherent weaknesses.
Neither side in a bitter patent battle is satisfied with Apple Inc.'s $1 billion jury verdict over Samsung Electronics Co. after a three-week trial this summer. The two companies filed a blizzard of legal papers late Friday and early Saturday with their demands that a federal judge in San Jose significantly amend — or toss out altogether — the jury's Aug. 24 verdict.
The rate of change and advancement in the electronics industry can be startling, especially over the past few decades. The names at the top of the industry today were brand new companies just ten years ago. To survive, an electronics company needs to be as flexible as it is quick.
The new PlayStation 3, closer to the size of a laptop, is half the size of the original model, introduced in 2006. It also offers more hard-drive memory at 500 gigabytes and 250 gigabytes, up from the current 320 GB and 160 GB options. The global rollout starts Sept. 25 in North America, where the 250 GB version will sell for $269.
BlackBerry maker is licensing technology from Microsoft to let BlackBerry devices store and transfer large files more easily. Under the deal, Microsoft will license patents to a filing system called exFAT. Microsoft says it improves upon older storage systems in dealing with larger files, such as those used for photos and video.
Apple's stock reached $700 for the first time on Tuesday, setting a record for the company the day after it announced that orders for its iPhone 5 topped 2 million in the first 24 hours. The stock traded as high as $701.44 in the morning, up a quarter of a percent from Monday's close. It later fell slightly.
LG said Tuesday that the Optimus G will go on sale in Japan next month and in the U.S. in November. That would put LG's new phone, which costs $894 without subsidies from operators in South Korea, in competition with Apple's iPhone 5 and Samsung's Galaxy Note II smartphones during the fall and the winter holidays.
Apple marketing head Phil Schiller unveiled the the year's most eagerly awaited phone Wednesday at an Apple event in San Francisco. As expected, the screen is taller than on the iPhone 4S, making room for another row of icons. Schiller says the screen is 18 percent thinner and 20 percent lighter.
Royal Philips Electronics NV, the largest maker of lights, says it plans to cut 2,200 jobs by 2014 to save €300 million ($383 million) per year. Saving money will lessen "the effects of macro-economic headwinds and changes in pension cost accounting" said Philips Chief Executive Officer Frans van Houten in a statement.
By most indications, tech companies in this hub of innovation are humming along, even as Facebook and Zynga endure steep declines in their stock prices that have wiped out more than $60 billion in wealth in the past six months. Companies catering to mobile devices, business software and data management products are thriving.
Industries are experiencing a growing need for sensors, switches and devices that monitor the surrounding environment; for example, in industrial applications, the proximity of devices may need to be monitored for efficiency and sustainability reasons. These applications require sensors to monitor and report conditions that enable an automated system to make intelligent decisions based on the sensor data received.