Worldwide IT spending is on pace to reach US$3.6 trillion in 2012, a 3% increase from 2011 spending of US$3.5 trillion, according to Gartner, Inc. The outlook has been revised up slightly from the 2.5% projection last quarter.

Socle Technology and Globalfoundries have announced the tape out of Socle's first ARM Cortex-A9 based 28nm ASIC design using Globalfoundries' 28nm super low power technology (SLP) technology with Gate First High-K Metal Gate (HKMG).

Infineon Technologies has selected Spansion's FL-serial flash memory to provide a high-performance, quad I/O SPI data storage solution for its Hexagon Development Kit System. The Hexagon kit, a modular, expandable platform built around the XMC4000 microcontroller, provides engineers a fast method to prototype industrial applications such as motor control, industrial automation or any kind of power conversion like solar inverters.

A group of Elpida Memory bondholders will vote against Micron Technology's plan to acquire the bankrupt Japanese chipmaker for about US$750 million, arguing that it undervalues the company's assets, a court filing shows.

Intel is the first participant in the customer co-investment program, and has committed to acquire up to a 15% equity ownership interest at a subscription price of EUR39.91 per share, and to also provide EUR829 million to ASML in R&D funding, which will be dedicated to the development of 450mm and EUV technology.

.Solarworld Plans China Anti-Dumping Case With EU Peers By Marc Roca - Jul 3, 2012 8:23 PM GMT+0800 .Facebook Share LinkedIn Google +1 0 Comments Solarworld, Germany's biggest solar-panel maker, plans to file an anti-dumping case against China-based competitors as part of a group of Europe-based manufacturers.

Taiwan's economic performance ranking in the recently released IMD 2012 World Competitiveness Yearbook fell five notches from last year's place to 13th.

Reported heat issues with new iPad are most likely due to a combination of more backlights and more power needed to drive the backlights, an expert told CNET. This follows a CNET report attributing extra heat to the new iPad's A5X chip, also.

Japanese regulators approved a merger between the nation's two biggest stock exchanges, paving the way for the first tie-up of major bourses after US$32 billion of global deals failed since last February.

Shoppers in the eurozone loosened their purse-strings in May, but the trend remained sluggish, official statistics have shown.