IPhone supplier Imagination Technologies has jumped nearly 13% following news that a Chinese state-backed business has taken a 3% stake in the chip designer.

The GSA Board chairman is a coveted position throughout the industry reserved for the most innovative leaders who represent the semiconductor industry's most active global regions. Dr. Li will be the first chairman to serve from mainland China.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/8c42c6b6-139a-11e6-91da-096d89bd2173.html#ixzz48A6j9NZ5 The dollar retreated after doubts over the US economy resurfaced in light of disappointing April jobs growth that prompted a reduction in market expectations of Federal Reserve interest rate increases this year.

STMicroelectronics has found that it is now analog and MEMS business unit that is dragging the company down and keeping it in loss.

Beleaguered chipmaker Marvell Technology has announced it is appointed tech turnaround expert Richard S. Hill to be the chairman of its board of directors.

Apple has killed off support for WebObjects, a now outdated program that once helped companies dynamically and instantly build new websites using information that customers entered online.

A Beijing court has ruled in favour of Facebook and against a Chinese company which had registered "face book" as a separate trademark.

The company, which completed its nearly $12 billion acquisition of Freescale last year, told investors it expects to outperform its peers until 2019 by growing at a compound annual rate of between 5% and 7%.

Apple for months has been rumoured to be working on a new iPhone that will have no 3.5mm headphone jack. The company has been said to remove the 3.5mm jack from the iPhone 7 models and replace it with a Lightning port in order to make the smartphone slimmer. A new leaked image however tips that iPhone 7 will include a 3.5mm jack after all.

As it proceeds with a massive restructuring plan announced earlier this month, Intel will exit the smartphone and tablet mobile SoC business by ending its struggling Atom chip product line. The discontinued products include those code-named SoFIA, Broxton and Cherry Trail.

TJ Rodgers, one of the most prominent leaders of the microchip industry, plans to step down as chief executive of Cypress Semiconductor Corp after nearly 34 years running the company he founded.

Panasonic forecast its profit to fall in the current business year amid slower growth in emerging markets as well as planned investments in automotive technologies and high-end consumer electronics.

Amazon delivered a blowout quarter on Thursday, joining Facebook as one of the rare bright spots in a technology sector that has recently produced a string of disappointing earnings reports.

JEDEC Solid State Technology Association has announced the publication of several key updates to the Universal Flash Storage (UFS) family of standards. These include JESD220C UFS version 2.1, JESD223C UFSHCI version 2.1, JESD220-1A UFS UME version 1.1 and JESD223-1A UFSHCI UME version 1.1.

Though Xilinx beat FQ4 estimates, it's guiding for FQ1 revenue to be roughly flat relative to FQ4's $571.1M. That implies sales will miss a $578.7M consensus.

Buoyed by strong sales of automotive chips and improved sales of devices for communications and industrial equipment, Texas Instruments Wednesday (April 27) reported higher than expected first quarter sales and profit and delivered a forecast for the second quarter that was within range of Wall Street's estimates.

Samsung Electronics said on Thursday that its first-quarter operating profit rose 12% from a year earlier, propelled by strong initial sales for its flagship Galaxy S7 smartphones.

Pulling back the outer shell on the Vive reveals a number of sensors-32 in total.

Advanced Micro Devices, the struggling computer chipmaker, has long been identified with its sprawling white campus in Sunnyvale, its 1990s-era curved lobby greeting drivers at 1090 E. Duane Ave. But it looks like AMD's days at the 319,000-square-foot campus are numbered. The Irvine Company is in contract to acquire the 32.5-acre site, where the Newport Beach-based developer could build hundreds of apartments, according to multiple real estate sources.

Chief Executive Officer Peter Wennink says most of his customers expect to incorporate EUV by 2019, and he's prepping for orders within the next year. "The industry needs EUV," he says.

Apple loves to brag about sales figures for all of its devices except one - the Apple Watch. When to comes to this device, Apple executives all clam up, claiming that to divulge sales figures for this device would somehow give its competitors some valuable information. So in the absence of official figures, analysts are left to fill that information vacuum, and the consensus is that sales are bad.

Apple's global iPhone shipments will fall short of analysts' consensus estimates of 210 to 230 million units in the 2016 fiscal year, according to a new research note issued by respected KGI Securities analyst Ming-Chi Kuo. In a worst case scenario, iPhone shipments in 2016 are expected to reach just 190 million units, which is an 18% reduction in shipment growth and 3 million fewer iPhones than Apple sold in 2014.

Samsung will have the thinner, 10-nanometer chipmaking technology in production later in 2016. Samsung also announced plans for a new cost-optimized 14-nanometer process as well as a second generation of 10-nanometer technology that it says will offer 10% better performance than the first generation.