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Samsung Electronics Co., South Korea’s largest electronics maker, said it will give refunds for its desktop and laptop computers sold locally and in the U.S. with faulty chips from Intel Corp.
Six models sold in the local market and one model in the U.S. can be returned for refunds or exchanges, James Chung, a Samsung spokesman, said by telephone today. About 2,000 to 3,000 units of those models probably have been sold since sales began last month, he said. Get the full story »
Intel Corp. plans to boost its quarterly dividend by 15 percent, sending its shares higher as investors saw the move as a signal that the world’s largest chipmaker is on track for healthy growth.
The dividend will increase to 18 cents, beginning in the first quarter of 2011. Get the full story »
Chipmakers Intel Corp, Toshiba Corp and Samsung Electronics Co Ltd will join hands to develop technologies that could more than halve semiconductor line widths to nearly 10 nanometers by 2016, the Nikkei daily reported. Get the full story »
Intel will buy German chipmaker Infineon’s wireless unit for $1.4 billion, enabling the U.S. chipmaker to boost its presence in the smartphone market. The cash transaction is expected to close in the first quarter of 2011 and the mobile unit will remain as a standalone business, the companies said in a statement on Monday. Get the full story »
Chip maker Intel says it has agreed to buy computer-security software maker McAfee Inc. for $7.68 billion, or $48 per share. Intel Corp., which is based in Santa Clara, Calif., said the deal highlights “that security is now a fundamental component of online computing.” Get the full story »
Apple Inc. updated its line of desktop computers Tuesday with the latest-generation chips, as the company continues to gain share in the PC market.
Apple refreshed its all-in-one iMac line with new chips from Intel Corp. and better graphics. Get the full story »
Intel Corp. delivered a better-than-expected sales forecast and results on strong corporate demand for personal computers and servers, despite concerns over a tech industry slowdown.
Shares of the world’s No. 1 chipmaker rose 5 percent, to $22.06, after hours on the strong second-quarter report. The news also boosted sector stocks and Standard & Poor’s 500 stock index futures, suggesting a strong open Wednesday. Get the full story »
