Nikon Offsets Shrinking Camera Sales with Tech Components

Nikon Corp. is restyling itself from a company that primarily manufactures cameras to one that supplies components to other businesses. Its consumer market share eroded by smartphone image systems, the Japanese company’s revenue also plunged, dropping by about 50 percent since its 2013 peak of $8 billion. In February, Nikon upped its revenue forecast for the year ended March 31 to $4.35 billion, more than $370 million of it projected as operating profit, thanks in large part to components, which is expected to earn more profit than any other division, nosing past imaging. Continue reading Nikon Offsets Shrinking Camera Sales with Tech Components

Intel Vies for Lead in an Increasingly Complex Chip Business

The competition for global computer chip dominance depends largely on who can create the smallest components with the most advanced capabilities. So far, Taiwan-based TSMC leads, and the nation accounts for more than 90 percent of global production of advanced chips. By comparison, the U.S. claims about a 12 percent share, prompting the government to cite reliance on foreign-made processors as a cause of inflation and a national security threat. California-based Intel is heeding the challenge, spending billions on initiatives for AI computing, a high-end microprocessor plant expansion in Arizona and new plant in Ohio. Continue reading Intel Vies for Lead in an Increasingly Complex Chip Business

Twitter Rallies Midsize Tech Around the Open Internet Alliance

Twitter has used its Spaces platform to opine on rapidly developing EU digital regulations, an effort that after two years has become formalized as a policy advocacy group known as the Open Internet Alliance. Vimeo, Automattic, Czech search engine firm Seznam and German social network Jodel have joined Twitter as founding members. The company’s mission statement is twofold: protecting competition to “avoid entrenching the dominance of the biggest players,” and focusing more on “how content is discovered and amplified.” The group aims “to strengthen the advocacy voice of medium-sized companies that promote the Open Internet.” Continue reading Twitter Rallies Midsize Tech Around the Open Internet Alliance

Nvidia Introduces New Architecture to Power AI Data Centers

Nvidia CEO Jensen Huang announced a host of new AI tech geared toward data centers at the GTC 2022 conference this week. Available in Q3, the H100 Tensor Core GPUs are built on the company’s new Hopper GPU architecture. Huang described the H100 as the next “engine of the world’s AI infrastructures.” Hopper debuts in Nvidia DGX H100 systems designed for enterprise. With data centers, “companies are manufacturing intelligence and operating giant AI factories,” Huang said, speaking from a real-time virtual environment in the firm’s Omniverse 3D simulation platform. Continue reading Nvidia Introduces New Architecture to Power AI Data Centers

Intel Powers Up EU Chip Plans with $19 Billion German Plant

Intel unveiled plans to invest an initial $19 billion to construct new leading-edge semiconductor fab mega-sites in Magdeburg, Germany; an R&D and design hub in France; and R&D, manufacturing and foundry facilities in Ireland, Italy, Poland and Spain. The plan could see as much as $88 billion invested “along the entire semiconductor value chain” in the EU over the decade, according to the Santa Clara-based chipmaker, which says it wants to introduce a next-generation chip ecosystem while offsetting reliance on Asia for a more “resilient supply chain.” Continue reading Intel Powers Up EU Chip Plans with $19 Billion German Plant

Intel Clocks 70 Percent Faster Speeds with Alder Lake Chips

Intel is looking to deliver a big performance boost with its new ultraportable Alder Lake U and P-series chips, unveiled last week. The Core i7-1280P, Intel’s fastest 28-watt P-series CPU, is said to deliver up to 70 percent faster multithreaded performance compared to last year’s i7-1195G7. Intel says it even offers better multithread benchmarks than the Core i9-11980HK, one of the company’s fastest 2021 processors. This, despite the fact that it uses only about half as much power. According to some tests, the Intel i7-1280P also bested AMD’s 2021 Ryzen 7 5800U. Continue reading Intel Clocks 70 Percent Faster Speeds with Alder Lake Chips

Intel to Acquire Israel’s Tower Semiconductor for $5.4 Billion

Intel announced it will purchase Israeli chipmaker Tower Semiconductor in a deal valued at $5.4 billion. Tower — which specializes in analog semiconductor solutions for high-growth markets including mobile, automotive, medical devices and power management — will make Intel instantly more competitive in sectors dominated by Taiwan’s TSMC. Intel CEO Pat Gelsinger cited “Tower’s specialty technology portfolio, geographic reach [and] deep customer relationships” among the assets that will help scale Intel to “a globally diverse end-to-end foundry” to help meet growing chip demands across the nearly $100 billion addressable foundry market. Continue reading Intel to Acquire Israel’s Tower Semiconductor for $5.4 Billion

Nvidia Calls Off $40 Billion Acquisition of Arm from Softbank

Nvidia has scrapped plans to buy Arm from Softbank Group due to “significant regulatory challenges preventing the consummation of the transaction,” according to a joint statement that indicates Arm will proceed with plans for an IPO. In what is being positioned as a coincidence of timing, Arm says Simon Segars has resigned as CEO with Rene Haas, formerly president, stepping into the role. After being announced in September 2020, the $40 billion deal faced opposition from both the European Commission and the Federal Trade Commission, which in December sued to block the sale. Continue reading Nvidia Calls Off $40 Billion Acquisition of Arm from Softbank

Dimenco’s Glasses-Free 3D Display a Hint of Things to Come

Dimenco’s new stereoscopic 3D display has been called “breathtaking” and the future of screen viewing. The Netherlands-based company’s Simulated Reality Pro gives the impression of images coming out of the screen without special eyewear. Dimenco defines Simulated Reality (SR) as immersive technology somewhere between augmented reality and virtual reality. Dimenco’s display tech relies on visual parallax and perspective-shifting to provide its SR experience. The viewer’s eyes are tracked by an in-unit sensor that serves discrete left- and right-eye views rapidly enough to read as a single image, allowing you to “look around” the picture elements. Continue reading Dimenco’s Glasses-Free 3D Display a Hint of Things to Come

Apple Has a Record $123.9 Billion Quarter Despite Chip Crisis

Apple, the world’s most highly valued public company, hit an all-time quarterly revenue record of $123.9 billion for Q4, an 11 percent increase year-over-year. The company also saw profits up 20 percent to $34.6 billion for the quarter despite the supply chain issues that plagued the industry. “We are gratified to see the response from customers around the world at a time when staying connected has never been more important,” Apple CEO Tim Cook said in the company’s earnings release, attributing the robust performance to “our most innovative lineup of products and services ever.” Continue reading Apple Has a Record $123.9 Billion Quarter Despite Chip Crisis

Intel Has Record Quarter and Year Despite Supply Shortages

California-based Intel, the world’s largest semiconductor manufacturer, reports Q4 2021 set a record and capped the company’s best year ever despite the dire worldwide shortage of processing chips. Q4 revenue was up 3 percent, to $20.5 billion, while the year totaled $79 billion, a 1 percent gain. However, Q4 net income declined 21 percent year-over-year, to $4.6 billion, and fell 5 percent (to $19.9 billion) for the 12-month period. Intel CEO Pat Gelsinger called it “a great finish to a great year,” besting top-line quarterly guidance by over $1 billion to deliver “the best quarterly and full-year revenue in the company’s history.” Continue reading Intel Has Record Quarter and Year Despite Supply Shortages

Commerce Secretary Sounds Alarm on Global Chip Shortage

U.S. demand for semiconductors was as much as 17 percent higher in 2021 than it was in 2019, yet there hasn’t been a commensurate increase in the available supply, with median inventory falling to less than five days in 2021, from 40 days in 2019, according to a Commerce Department report. “If a COVID outbreak, a natural disaster, or political instability disrupts a foreign semiconductor facility for even just a few weeks, it has the potential to shut down a manufacturing facility in the U.S.” that makes anything from medical devices to automobiles to computers, the report concludes. Continue reading Commerce Secretary Sounds Alarm on Global Chip Shortage

NBCUniversal Teams with TikTok to Promote Winter Olympics

NBCUniversal is expanding its partnership with social video platform TikTok to include a joint promotion for the 2022 Olympic Winter Games in Beijing, set to kick off on February 4, and the 2022 Paralympic Winter Games, beginning March 4. NBC Winter Games advertisers will reportedly have first crack at piggybacking onto what is being couched as a new type of brand experience that lets them draw from NBC 2022 Winter Games clips as they try to connect with sports fans. TikTok videos with Olympic-related hashtags have resulted in 18 billion views on the platform thus far, according to NBC. Continue reading NBCUniversal Teams with TikTok to Promote Winter Olympics

Intel Announces Plans for New $20 Billion Chip Plant in Ohio

Intel is building a new $20 billion chip foundry in Ohio, where CEO Patrick Gelsinger says the company envisions investing more than $100 billion over the next decade to create a complex of up to eight plants. The move is part of a U.S. effort to increase domestic production of computer chips, alleviating supply chain shortages and reducing reliance on foreign suppliers. The new build, located near Columbus, is an economic boon for Ohio, creating 7,000 construction jobs and eventually employment for about 3,000 people in two flagship factories, and potentially many more jobs through the satellite suppliers nearby. Continue reading Intel Announces Plans for New $20 Billion Chip Plant in Ohio

TSMC Earmarks Up to $44 Billion in Competitive Chip Sector

Taiwan Semiconductor Manufacturing Company (TSMC) says it will increase production capacity by up to 47 percent for 2022 as demand continues to surge amid a global chip shortage. To support the increase and technology upgrades, the world’s largest contract chipmaker plans to set a company record for capital expenditure in 2022, with spending at $40-44 billion (compared to $30 billion in 2021). Speaking at an investor conference, company CFO Wendell Huang said about 70-80 percent of the 2022 capex will fund development of advanced 2nm, 3nm, 5nm and 7nm processors as TSMC fights to maintain its dominant market share while rivals step up. Continue reading TSMC Earmarks Up to $44 Billion in Competitive Chip Sector