Marvell Technology Group will need around 18 months to make money from its proposed acquisition of Intel's loss-making communications and application processor business, according to the company's president and chief executive officer, Sehat Sutardja.
Networking technology provider Ciena has set up its own research and development (R&D) center in Gurgaon, India, marking a shift from its earlier strategy to outsource development work to Indian companies.
Graphics chip maker Nvidia has acquired Pace Soft Silicon in Pune, India, to increase its number of engineers in the country, according to a Nvidia executive.
India is introducing new measures to make it a preferred location for manufacturing computer chips and other high-tech goods, its finance minister announced. The absence of large-scale semiconductor manufacturing in the country has been a weak spot in India's advancement as a centre for high-tech development.
Rambus owns the patents on memory interfaces used in most mobile phones on the market, and most of those phones violate the company's patents, according to Chief Executive Officer Harold Hughes.
An "always on" display technology from PortalPlayer that lets users peek inside their notebooks without booting them up will cost manufacturers US$30 to US$40 to add to each machine, the company's president and CEO said this week.
Lenovo reported a four-fold increase in revenue for its third quarter, driven by its acquisition of IBM's PC business last May and strong performance in China.
India's second largest outsourcer, Infosys Technologies Ltd. announced Wednesday that it had robust growth in revenue and profits for the quarter ended December 31 last year, as business for new services picked up.
Graphics chip and chipset vendor ATI Technologies aims to have half of its revenue come from the consumer electronics market in the future, according to the company's president and chief executive officer, Dave Orton.
Indian outsourcing company, Wipro, announced Monday that it has signed a definitive agreement to acquire NewLogic Technologies, a privately held Austrian semiconductor IP (intellectual property) and design services company for about Euro 47 million ($US56.5 million).
Intel announced Monday that it will invest over US$1 billion in India. The money includes US$250 million it will invest in a venture capital fund, to help stimulate technological innovation in the country and drive the growth of the country's IT industry. The company is also investing US$800 million over the next five years to expand its business in India, including its research and development center in Bangalore, marketing, education and community programs.
InMage Systems Inc. is adding business event-based recovery and automated information tiering features to its DR-Scout suite of disaster recovery (DR) software, according to an executive of the company.
Juniper Networks announced Wednesday that it is doubling the number of technical staff at its center in Bangalore, India.
IBM plans to acquire Network Solutions, an infrastructure services company in Bangalore, India.
Dell chairman, Michael Dell, has told Gartner's Symposium and ITXpo that he believes Intel's dual-core chips will take over the performance lead from AMD in 2006.
