Elpida Memory, which filed for bankruptcy protection on Monday, intends to draw up a rehabilitation plan within six weeks, the Nikkei reported.

IBM fired more than 1,000 workers in North America this week, according to an employee advocacy group.

Marvell Technology's fiscal fourth-quarter profit slumped 64% on weakness in the market for the chip maker's hard-drive components.

Renesas has announced a strategic relationship with Nvidia to jointly develop a platform reference solution based on Renesas' SP2531 triple mode LTE modem and the Nvidia Tegra 3 processor.

"Industry experts - even the best ones - are often shortsighted, and sometimes outright wrong," said Eli Harari at ISSCC on Monday. "And therefore, perseverance in the face of naysayers sometimes does pay off. And in the case of NAND, big-time."

Germany, the world's biggest market for solar power, plans record reductions in subsidies for the industry as part of a program to rein in a boom in installations.

Reports have resurfaced that Cisco is looking to sell its Scientific Atlanta set-top box business.

Mobile World Congress attendees hoping to see the first smartphones with quad-core SnapDragon processors on board had better brace for disappointment. There won't be any, said Qualcomm VP of product management Raj Talluri, unless you count the concepts touted by phone vendors and chip suppliers.

Having previously differenciated their LCD and Plasma TV lines by virtue of size; Panasonic have annouced that they will be producing larger screen LED TVs for the first time.

JinkoSolar Holding Co., Ltd., a solar firm based in China, recently announced the opening of its state-of-the-art PV module testing laboratory in Jiangxi, China. The facility has been awarded the Underwriters Laboratories (UL) Witness Testing Data Program (WTDP) Certificate.

Walmart is taking a 51% stake in Yihaodian, a leading Chinese e-commerce website, in a significant move by the US retailer to boost its online presence in China.

The US Supreme Court Tuesday refused to consider a Hynix Semiconductor appeal that argued Rambus shouldn't be able to enforce certain patents because it misled an organization that sets industry-wide standards for computer memory chips.

Huawei plans to give contracts totalling US$6 billion to US mobile technology companies Qualcomm, Broadcom and Avago.

SanDisk has extended its enterprise solid state disk drive (SSD) solutions portfolio with the acquisition of FlashSoft, a provider of innovative caching software products.

The chairman of South Korean electronics giant Samsung is being sued by his brother over a multi-million dollar inheritance of company shares.

Durham-based Cree Inc., a maker of LED lighting products, announced Monday that it's participating in a series of energy efficiency renovations in U.S. diplomatic offices or residences in Vienna, Rome, Berlin, Madrid and Lisbon.