Around the web
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Corning has announced that its board of directors has authorized a new US$2 billion share repurchase program of the company's common stock. The program will expire on December 31, 2016.
Company release
17 Jul 2015
A $20 billion joint venture aimed at Indian renewable energy is the latest sign of fresh investment in the sector as Prime Minister Narendra Modi seeks to aggressively boost output.
CNBC
Australian Prime Minister Tony Abbott seems determined to push his country back decades on environmental policy. In his latest scheme, Abbott has ordered Australia's Clean Energy Finance Corporation to stop investing in wind and small-scale solar energy.
Gizmodo
Department of Energy and Climate Change has already overspent its budget to support renewable energy projects
The Guardian
With a starting price of US$1,300, the new JS7000 4K TV is the least-expensive option in the company's flagship SUHD line.
Tech Radar
Altera has developed a storage reference design based on its Arria 10 SoCs, which doubles the life of NAND flash and can increase the number of program-erase cycles by up to 7X compared to current NAND flash implementations.
Company release
Swatch Group AG will launch its own Internet-enabled smartwatch this summer in the US, China and its Swiss home market, CEO Nick Hayek said Thursday.
Marketwatch.com (Dow Jones)
Apple and Samsung are in advanced talks to join the rest of the telecoms industry to launch electronic Sim cards, in a move could fundamentally change how consumers sign up to mobile operators.
The Financial Times
The European Commission (EC), the administrative and executive body of the 28-nation European Union (EU), has opened two antitrust investigations into the behavior of Qualcomm with regard to its market dominance of semiconductors used in consumer electronics.
EE Times
Oculus, the virtual-reality headset maker that Facebook bought last year, said Pebbles "will be joining the hardware engineering and computer vision teams at Oculus to help advance virtual reality, tracking, and human-computer interactions."
The Wall Street Journal
Intel plans to produce its first "10-nanometer" processors in the second half of 2017, CEO Brian Krzanich said Wednesday. Intel hadn't given a start date for the process before, but many observers had expected it to arrive some time next year.
Computerworld
Not so long ago, the release of a new Windows operating system was a sure bet to drive a massive PC refresh cycle, boosting sales by double digit percentages. But that is a thing of the past.
EE Times
Accounting irregularities have plunged the Japanese conglomerate company Toshiba into a crisis, with several key board members stepping down, including CEO Hisao Tanaka.
Fortune
Tsinghua Unigroup, controlled by China's Tsinghua University, has agreed to invest US$100 million in a mobile operating system start-up founded by Mozilla Corp's former China head, according to a company announcement.
China Money Network
Sales of the new Apple Watch have plunged by 90% since the opening week, according to a new market-research report.
Marketwatch.com (Dow Jones)
"We expect to see continued overall business strength in the second half of 2015 due to increased demand from memory and foundry customers compared with our previous expectations," ASML president and CEO Peter Wennink said.
Marketwatch.com (Dow Jones)
Sales of PCs that used Micron's memory chips dropped faster than the company expected in 2015 triggering a 50% stock plunge. That drop helped set the stage for Micron, which is known for buying other companies' chip operations, to become a target.
Wall Street Journal
The deal, if true, could have broad implications for Micron's technology partner, Intel and NAND-chip competitor SanDisk.
Barron's
Growth in the world's second largest economy, China, beat expectations in the second quarter, but it was still the weakest showing since the global financial crisis.
BBC News
SanDisk has shipped more than two billion microSD cards since it started commercial shipment of the technology ten years ago.
Company release
Applied Materials is using an industry trade show this week to try to persuade analysts that the company will be just as well off without merging with fellow tool-maker Tokyo Electron.
Wall Street Journal
Wall Street Journal
Qualcomm is undergoing major restructuring and one side-effect of the overhaul is that some 4,000 jobs might be slashed.
Fudzilla
Hard-disk drive storage provider Seagate on Monday lowered its revenue and margin guidance ahead of the release of its fourth quarter earnings report later this month.
ZDNet
Tsinghua Unigroup Chairman Zhao Weiguo signaled the company is interested in Micron Technology after the Wall Street Journal reported the Chinese company made a US$23 billion bid for the US semiconductor maker.
Bloomberg
Sony said it expects to raise as much as JPY300 billion (US$2.4 billion) after setting a price for new common shares it is selling to raise money for boosting chipmaking capacity.
Bloomberg
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