Rambus, known for patent battles against chipmakers, is becoming one itself.

Motorola Mobility began laying off about 500 employees Thursday, cutting 25% of its Chicago workforce just over a year after moving from Libertyville into a new headquarters in the Merchandise Mart.

Lenovo is laying off 3,200 employees and trimming down its smartphone portfolio in response to a slowdown in its PC and handset sales.

Taiwan's dollar fell to a five-year low as the central bank eased monetary policy to spur economic growth and China slashed the yuan's fixing by the most on record.

China's efforts to expand its reach into advanced semiconductors in the US drew fire on Capitol Hill as a key senator called on US officials to block a state-controlled firm's effort to buy an American memory chipmaker.

Jeff Sheley, a Northland analyst, wrote: "We now believe that Intel will capture roughly 50% of Apple's modem business in the upcoming iPhones due to launch September 9th."

At least 17 people died and hundreds more were injured.

Apple is a company that's accustomed to being loved by its customers. Carriers, on the other hand, are companies consumers love to hate.

China's Central Bank has again cut the guiding rate for the national currency, the yuan, a day after Tuesday's record 1.9% devaluation.

Bernstein has cut its target price by 25% on the company amid intense 3G competition and weak demand.

"To catch up with Qualcomm as soon as possible, we will pour 30 billion yuan, and probably even more, into the R&D of mobile chips in the next few years," Chairman Xu Jinghong was quoted as saying in an interview. A Tsinghua Holdings spokeswoman confirmed Xu's comments to the newspaper.

Smartphones have overtaken laptops as the UK's preferred device for accessing the internet, according to an Ofcom survey, highlighting the need for businesses to adapt their strategies for mobiles.

Mainland Chinese shares made solid gains after reports that a government agency and Chinese funds are looking to add billions into the stock market.

SanDisk has reached agreement with SK Hynix to modify and extend their intellectual property licensing relationship and enter into a multi-year commercial relationship under which SK Hynix will supply its DRAM products to SanDisk. These agreements include a settlement of the trade secret misappropriation suit filed by SanDisk in 2014.

Qualcomm has announced that its subsidiary, Qualcomm Atheros, has entered into a definitive merger agreement to acquire Ikanos Communications, a high performance broadband networking semiconductor and software provider enabling both central office and home gateway solutions.

Leadcore Technology and Shanghai Pudong Science & Technology Investment are weighing offers for Marvell Technology's wireless chip unit, which Marvell values at about $1 billion.

Aabid Husain, who was vice president of worldwide business development and marketing at Globalfoundries based at its 200mm wafer fab campus in Singapore, has joined Cricket Semiconductor as chief marketing officer.

The recall itself isn't anything that shareholders should get worked up about; it was a relatively low-volume product and the impact on the company's financials should be minimal. What is interesting, though, is that as a result of this recall, investors can now glean some insight into the financials of Nvidia's device business.

STMicroelectronics and its French state owner are headed for a collision over a strategy that includes possible job cuts at Europe's biggest semiconductor maker, according to people familiar with the matter.

Microsoft has agreed to invest about US$100 million in Uber Technologies at a valuation of approximately US$50 billion, a person with knowledge of the matter said.

Taiwan's economy grew at the slowest pace in three years as exports collapsed amid weaker global demand and rising competition from regional rivals.

For Skyworks Solutions, the Apple iPhone may well be the gift that keeps on giving. After getting a nice piece of the Apple iPhone 6 business, the analog chipmaker is poised to tap into more gains from Apple, which is expected to refresh the current-generation iPhone 6 sometime this fall.