"It's inevitable Intel will get a few smartphone design wins - we regard Intel as a serious competitor," said ARM CEO Warren East in an interview at the Consumer Electronics Show in Las Vegas. "Are they ever going to be the leaders in power efficiency? No, of course not. But they have a lot more to offer."

The company has sent requests for proposals to banks to borrow as much as US$1 billion to expand production capacity at its factory in Austin, Texas, said James Chung, a Seoul-based spokesman for Samsung. The bonds will be issued by Samsung's US unit and may have maturities of five years.

Audience, a maker of sound processing chips used in Apple products, plans to raise as much as US$75 million in an initial public offering.

According to data from Bloomberg New Energy Finance, the global new solar capacity grew 54% to nearly 28GW in 2011 with Germany and Italy leading in installations.

2012 could bring a big boost to the category thanks to LEDs (light emitting diodes) - those long-lasting, energy-efficient and often colorful gems that are quickly replacing the disgraced incandescent.

Advocates of renewable energy say an electricity supergrid could enhance the clean-power industry by connecting power sources like wind farms in Scotland and solar arrays in Spain or North Africa to the population centers of Europe.

The Chinese premier, Wen Jiabao, yesterday expressed his country's interest in collaborating with the UAE on renewable energy projects.

Foxconn will lay off 600 people in its Slovak plant where it makes LCD TVs for Sony due to low demand, Slovak business daily Hospodarske noviny reported on Monday.

Prior to joining Globalfoundries, Michael Noonen served as executive vice president, sales and marketing as a member of NXP Semiconductors' executive management team from 2008 to 2011.

South Korea's Samsung Group announced it would invest a record 47.8 trillion won (US$41.56 billion) this year and hire an all-time high of 26,000 new employees despite global economic gloom.

Elpida Memory aims to put together a drastic restructuring plan by the end of January, which it then hopes to show to its creditor banks, as the struggling chipmaker faces a slew of upcoming corporate bond and loan repayments, the Mainichi Shimbun reported in its Sunday morning edition.

Gold's skepticism arises from the lack of backwards software compatibility on the platform and said the danger is that if the market doesn't quickly take up Windows on ARM, Microsoft will stop spending resources on it, as has been the case with other platforms beforehand.

Renewable energy companies are hoping the World Future Energy Summit, which opens in Abu Dhabi today, will help answer that question.

But it is also clear that a large number of Taiwanese remain sceptical about the downside of President Ma's policy towards China.

Apple has said it will halt the sale of all iPhone models from its stores in China, after large crowds disrupted the launch of the iPhone 4S.

Apple confirmed Wednesday that it has acquired Israeli semiconductor company Anobit technologies for US$390 million, providing it with significant technological boost in the mobile devices market.

MStar Semiconductor has announced support for Intel WiDi on their Smart TV platform.

OMAP 5 will come to the consumer market "maybe in the fourth quarter [of 2012]," said Greg Delagi, senior vice president and general manager of TI's Wireless Business Unit. OMAP 5 differs from OMAP 4 in that it uses a dual-core A15 CPU, the next generation from chip designer ARM.

China has forgone blustery warnings and war games in the run-up to Taiwan's presidential election this weekend, and will likely take a measured response even if the independence-leaning opposition unseats friendlier incumbent Ma Ying-jeou.

Microsoft is making plans for a companywide restructuring of its marketing operations, a move that may include hundreds of job cuts, according to people familiar with the matter.

It's been a long time coming, but Intel has finally entered the mobile market - in China.

Eastman Kodak Company has filed lawsuits against Apple and HTC, alleging the infringement of certain Kodak patents relating to digital imaging technology.