Intel announced it would spend up to $1.5 billion to purchase a 20 percent stake in Tsinghua Unigroup in China in a move the company said will help it sell chips to Chinese smartphone makers. According to the Wall Street Journal, Tsinghua Unigroup is a state-run company that owns China's second- and third-largest chip designers, Spreadtrum Communications and RDA Microelectronics.
San Jose technology company ActiveVideo, a provider of virtual set-top box solutions for top pay-TV operators including Charter Communications, is touting improvements in scalability and efficiency for its CloudTV product that it says can lower operators' data center capital expenditure to as low as $1 per subscriber.
Intel used the IFA consumer electronics show to unveil a new processor for two-in-one tablet PCs it said slashes power consumption relative to its previous silicon, and also announced a wearable device collaboration with fashion accessory company Fossil.
Vendors Nokia and Intel as well as operators Orange and Telecom Italia are some of the backers behind MiWaveS, a collaborative project launched in Europe to develop millimeter-wave radio technologies for use in ultra-fast 5G radio networks.
Qualcomm faces a fine of up to $2.5 billion (€1.8 billion) if found guilty of monopolistic practices in the European mobile chip market.
Intel's acquisition of LSI's Axxia Networking Business, a provider of system-on-chip (SoC) solutions for network infrastructure, will be a crucial driver in the development of Intel's wireless-access-networking strategy and its long-term goal of running critical network workloads on a single architecture, said Rose Schooler, general manager of Intel's communications-infrastructure division.
The different groups working on standards to connect devices to each other as part of the Internet of Things will eventually need to work together or the industry will need to decide on a select few, according to an AT&T Mobility senior executive.
ASPEN, Colo.--Intel has been struggling get its mobility business back on track, but that turnaround isn't happening as quickly as many would like. In the second quarter of 2014, Intel's Mobile and Communications group, which houses its wireless chip business, had a total revenue of $51 million, down 67 percent from the previous quarter and down a whopping 83 percent year-over-year.
Intel's mobile business continued to bleed cash and its wireless-related revenue declined significantly in the second quarter even as the company as a whole reported strong earnings for the period. The company said it is making progress toward its goal of shipping its chips inside 40 million tablets in 2014--but it is currently losing money because it is paying OEMs to put its chip inside their tablets.
Despite spearheading disparate Internet of Things alliances, executives from Qualcomm and Intel say that the IoT ecosystem would benefit from having one standard and one platform.