Peter Bauer, CEO of Infineon Technologies, will resign his post at the end of the current fiscal year due to health reasons.

President Obama's visit will highlight the historic public and private investments in new advanced manufacturing, R&D, and education facilities helping to revitalize upstate New York and strategically position the US in the global economy.

series of hacks perpetrated against so-called "smart meter" installations over the past several years may have cost a single U.S. electric utility hundreds of millions of dollars annually, the FBI said in a cyber intelligence bulletin obtained by KrebsOnSecurity.

Last year there were many reports swirling that Texas Instruments would sell off its OMAP applications processor business to reduce costs and complete its exit from core mobile device chips. However, company CEO Rich Templeton insisted TI remains fully committed to the business.

The Alliance for Wireless Power (A4WP), unveiled today in conjunction with the CTIA wireless trade show in New Orleans, is looking to join forces with other manufacturers to form a "worldwide wireless power technology ecosystem." The group wants to develop new power transfer technologies that will allow for simultaneous charging of multiple devices in cars, on tabletops, and elsewhere.

The Indian government has granted its 4G broadband spectrum to Qualcomm nearly two years after the US chipmaker paid US$1 billion in an auction.

Fuji Electric and the chip manufacturer Infineon Technologies serve the automotive industry by extending the supplier base for power modules deployed in automotive hybrid and electrical vehicles.

Renesas announced semiconductor sales revenues of $9.8bn for the year to the end of March 2012. Back in 2003, the first full year of Renesas' operations after the company was formed by merging the semiconductor operations of Hitachi and Mitsubishi, the company had revenues of $9bn and was the world's No.2 semiconductor supplier.

Its semiconductor unit ATIC had an accumulated deficit of 4.1 billion dirhams (US$1.12 billion)as of the end of 2011 and made losses in the past two years, Mubadala said in the filing. "No assurance is given that ATIC will be profitable in 2012 or in subsequent years," Mubadala said.

Altair Semiconductor has released a cost and feature-optimized chipset tailored for the Indian TD-LTE market, which is expected to become one of the fastest-growing LTE markets in the world.

Toshiba has predicted profit will rise 83% as sales recover from a slump caused by the strong yen, falling prices and natural disasters.

Micron Technology has announced development of its first fully functional DDR4 DRAM module. The company has begun sampling and has received feedback from major customers to support quick implementation for applications in 2013.

Micron has offered a total of JPY220 billion in financial assistance and would also allow Elpida to retain its two main plants in Hiroshima and Akita prefectures, according to sources.

Chip maker SK Hynix said in a regulatory filing that its shareholders have agreed to call off a bid for Elpida. There were no further details in the statement.

German microchip maker Infineon raised its full-year sales outlook after demand for its energy efficiency, mobility and security chips, particularly from the car industry, helped second-quarter results beat expectations.

Toshiba has announced that it will rebuild its semiconductor manufacturing operations in Thailand by relocating Toshiba Semiconductor Thailand to a new manufacturing facility.

China's Hony Capital plans to sell or outsource the operations at Elpida Memory's Hiroshima DRAM plant to Semiconductor Manufacturing International Corp (SMIC) if its bid for the bankrupt Japanese chipmaker is successful, the Nikkei business daily said on Tuesday.

At its Fab 8 campus in New York, Globalfoundries has begun installation of a special set of production tools to create TSVs in semiconductor wafers processed on the company's leading-edge 20nm technology platform.

More companies are being linked to the Indian government's plan to get one or more semiconductor wafer fabs constructed on the sub-continent. At least five chip companies have expressed an interest in supporting the project, according to a Hindu Business Line report.

The selection process for a sponsor to support the rehabilitation of Elpida Memory has reached its final stage. Micron Technology, SK Hynix and a consortium of US and Chinese investment funds are expected to participate in the second round of bidding, which will likely wrap up Friday.

Toshiba will not participate in the second round of bidding for failed chipmaker Elpida Memory, the Sankei Shimbun reported in its Tuesday morning edition.

RF chip maker TriQuint Semiconductor cut about 70 jobs in Florida last week after issuing a disappointing quarterly report and sales forecast, according to a report by the South Florida Sun Sentinel.

The San Mateo, Calif., company said it filed confidential draft registration documents last week with the Securities and Exchange Commission. It was unclear when the company planned to file public registration documents and when it plans to go public.

Solar panel installations have fallen by almost 90% in the weeks since the government halved cut the subsidy available, according to Department of Energy and Climate Change figures.

Samsung Electronics has announced revenues of 45.27 trillion Korean won on a consolidated basis for the first quarter ended March 31, 2012, a 22-percent increase year-on-year.

The National Solar Mission, which aims to install 20,000 MW capacity of solar energy by 2020, has commissioned 89% of its allotted capacity in its first stage, government officials said.

German Chancellor Angela Merkel's effort to create jobs in renewable energy is faltering as subsidy cuts and competition from Chinese manufacturers forces the industry to stop hiring for the first time in eight years.

The travel industry complained yesterday that the government's recent decision to raise fuel prices and electricity rates will have a negative impact on the industry due to increased operational costs.

President Ma Ying-jeou repeated his call for energy saving Wednesday and revealed that the Presidential Office might replace all lamps in th