Samsung Electronics expects its second-quarter earnings to fall short of analysts' expectations, thanks in large part to production issues with the curved-screen Galaxy S6 Edge, which has enjoyed strong sales. A Q2 dip would mark the seventh consecutive quarter in which the South Korean company's profits declined from year to year.
Intel, ahead of next month's Intel Developer Forum in San Francisco, plans to meet with its suppliers in China to discuss business partnerships involving the Internet of Things, sources say. The China supply chain offers lower costs and high efficiency, those sources note.
Microchip Technology has introduced the USB5734 Smart Hub, which incorporates the company's FlexConnect algorithm. "With FlexConnect, a mobile device can plug into a standard USB host and take control of system functions, along with other USB connected devices and peripherals whose access was previously only available via the host controller or root hub," Microchip's Mark Gordon said.
Sundance Multiprocessor Technology has introduced the EMC2-7A board, which it says can work with Xilinx's Artix-7 field-programmable gate arrays. The development board is targeted at automotive, commercial and industrial applications.
Peregrine Semiconductor has worked with GlobalFoundries to develop the UltraCMOS11 process for radio-frequency silicon-on-insulator technology. The process will be implemented by the GlobalFoundries Fab 7 facility in Singapore, which does its manufacturing on 300-millimeter silicon wafers.
Qualcomm, Broadcom and other chip companies that greatly rely on Chinese customers could face negative effects if China's economy doesn't improve, according to industry analysts. "When you have waning demand hitting at the same time (as the stock market uncertainty), it just makes that industry that much more difficult," said Christopher Rolland of FBR Capital Markets.
Advanced Micro Devices said Monday that its second-quarter revenue would be about 8% lower than the first quarter, which is lower than an earlier estimate of a 3% drop. The company is blaming weaker-than-expected demand for PCs for the dip.
A European consortium has developed copper-indium-gallium-selenide thin-film solar cells that feature 25% energy-conversion efficiency. The group is touting their use as a practical alternative to silicon-based solar cells.
Renee James, president of Intel for the past two years and a 28-year veteran of the chip company, plans to leave Intel early next year to become CEO of an undisclosed company. Arvind Sodhani, president of Intel Capital, will retire in January and will be succeeded by Wendell Brooks. Mike Bell and Hermann Eul also plan to leave Intel.
Cognac producer Remy Martin will embed a near-field communication chip in the cap of its bottles to ensure proper identification of its products. Cognac bottles with the NFC chips are scheduled to debut in China this fall.