Around the web
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Toshiba said Friday that it has cut 14,450 jobs worldwide, roughly 30% more than planned, as it struggles to get back on its feet following a damaging book-cooking scandal.
Nikkei Electronics Asia
Tsinghua Unigroup Chairman said the company has no intentions of buying Lattice Semiconductor after disclosing a 6% stake in the company.
Streetinsider
Samsung Electronics is widening its lead with competitors in the solid-state drive (SSD) market, which is considered a growing field in the NAND memory semiconductor industry, dominating the market.
BusinessKorea
Abundant financial resources available from China's National IC Industry Investment Fund, often called the Big Fund, augmented local government-led funds, have lent China's "memory" dream an air of credibility. But setting aside China's aspirations, there is intense scrutiny here about the sources of IPs and engineering talent that China badly needs.
EE Times
China's Tsinghua Unigroup unveiled a stake of roughly 6% in Lattice Semiconductor on Wednesday, sending shares of the US chip manufacturer soaring 18% on speculation of a possible acquisition.
Reuters
Facebook on Wednesday said it has hired Regina Dugan - who helped shape such Google initiatives as Project Tango (3-D mapping capability for mobile devices), Project Ara (tools for building modular smartphones) and smart fabrics wired with electronics - to head a research-and-product-development group considered vital to Facebook's 10-year technology road map.
USA Today
Bunsei Kure, if approved, will be the third CEO of the troubled Japanese chip company, after Hisao Sakuta-who oversaw Renesas' restructuring and brought it back into the black. Sakuta stepped down a year ago.
EE Times
Business Insider
Huawei is in talks with Foxconn to make mobile phones in India, while new entrant LeEco intends to start local production as both Chinese companies look to make a mark in the world's fastest-growing smartphone market.
Economic Times
There is increasing evidence that Intel is likely to gain 20%-30% share in the iPhone 7 modem - the first time since 2011 with the iPhone 4 that Intel will be a baseband supplier for Apple.
Barron's
The improved outlook comes amid reports of strong sales of its latest flagship smartphone models, the Galaxy S7.
BBC News
Company release
ZTE shares had been suspended from trading since 7 March, at the request of the company. That was when the US announced restrictions against ZTE for alleged violations of US export controls regarding Iran.
BBC News
Cree has said fiscal third quarter revenue will be lower than expected due to product delays and other issues at its lighting business.
Marketwatch.com (Dow Jones)
Nokia is taking steps to adapt to challenging market conditions and to shift resources to future-oriented technologies such as 5G, cloud computing and Internet of Things.
Company release
The patent application, filed in South Korea, shows a contact lens equipped with a tiny display, a camera, an antenna, and several sensors that detect movement and the most basic form of input using your eyes: blinking. The display projects images directly into the eye of the wearer. An external device, a smartphone, is needed for processing.
SamMobile
Marvell Technology directors fired the husband-and-wife management team that founded and led the chip maker for two decades, responding to a series of reverses including accounting issues that prompted investigations by the company's board and government agencies.
Wall Street Journal
Intel executive Aicha Evans is leaving the company less than a year into her tenure as head of the semiconductor maker's struggling mobile phone division.
Bloomberg
Chinese tech giant Huawei's net profit totaled US$5.7 billion for the full year to December 2015, boosted by demand for its smartphones, among other devices.
BBC News
Micron Technology gave a fiscal third-quarter forecast that missed analysts' estimates due to weaker demand for personal computer components.
Bloomberg
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