Intel Buys ST-Ericsson's GPS Business
ST-Ericsson today revealed that it has sold its mobile GPS business to Intel for an undisclosed sum. ST-Ericsson is a joint venture between STMicroelectronics and Ericsson. The two parent companies revealed earlier this year that they were preparing to wind the struggling venture down. ST-Ericsson's GPS-related assets and engineers will be added to Intel's existing GPS business. Intel, which recently named a new CEO, is making a concerted push to become a mainstream player in the mobile chip business. This acquisition can help it in that pursuit.
Tag Heuer, Intel Partner On Second Android Watch
Tag Heuer and Intel today announced the Modular 45, an Android-powered smartwatch run by an Intel processor. As the name implies, the wearable is highly configurable thanks to easy-to-swap modules, horns, bracelets, buckles, and dials.
Intel Says It Has a 5G Modem
Intel today announced next-generation modem for mobile devices, aptly named the Intel 5G Modem. Intel says the idea behind the 5G Modem is to help push the development of 5G ahead.
Intel to Allow ARM Chip Builders to Use Its Foundry
Intel today said companies that design and build ARM-based processors will for the first time be able to use Intel's manufacturing facilities to make them. Intel will allow its Intel Custom Foundry customers to use its 10nm FinFET process for ARM cores and Cortex series processors.
Intel to Trim 12,000 Employees and Refocus Chip Biz
Intel today announced a major shakeup for its business over the next 18 months. The company said it plans to focus on data centers and the Internet of Things moving forward, which are Intel's fastest growing revenue sources.