Amid board changes and speculation about Tom Caulfield taking over at Intel, GlobalFoundries has posted a significant fall in revenue and profits for 2024.The foundry saw revenue of $6.750 billion, down 9% from $7.39bn in 2023, with a net loss of $262m,...
Telecommunications infrastructure company Nokia Oy (Espoo, Finland) has appointed Justin Hotard, currently head of the Data Center and AI Group at Intel to succeed Pekka Lundmark as CEO.Hotard will be based at Nokia’s headquarters in Espoo, Finland, and take over as CEO...
NXP is aiming to use its acquisition of Kinara to create an automotive AI software ecosystem in automotive similar to that Nvidia’s CUDA.The initial target for the Kinara Ara-2 generative AI chip is in the vehicle cabin for driver monitoring or infotainment...
QuEra in the US has raised a record $230m for the development of its large scale fault tolerant quantum computer using neutral atoms.Gate-based quantum computer systems for Japan and the UK are packaged up and ready to ship, Yuval Boger, chief commercial...
QuEra in the US has raised a record $230m for the development of its large scale fault tolerant quantum computer using neutral atoms.Gate-based quantum computer systems for Japan and the UK are packaged up and ready to ship, Yuval Boger, chief commercial...
HBK has launched digiBOX, a next-generation, multi-channel edge-amplifier designed for industrial process control and weighing applications.The digiBOX edge-amplifier combines precision, advanced connectivity, industrial-grade durability and modular flexibility, setting a new standard for optimising industrial and weighing processes. The edge amplifier can be...
Speculation has started to circulate that Thomas Caulfield, CEO of Globalfoundries Inc., could be set to replace Pat Gelsinger as permanent CEO of struggling chip giant Intel.While a recent executive reshuffle at Globalfoundries has prompted the speculation there are both pro and...
Toshiba Electronics Europe GmbH has launched two single-channel H-bridge drivers for brushed DC motors, designated the TB67H453FNG and TB67H453FTG.Suitable for a wide range of DC motor driver applications and designed to optimise efficiency, the H-bridge drivers feature maximum motor output ratings of...
Battery suppliers in Europe have just six months before regulations come into force that could lead to products being removed from the market, hitting the supply chain of all types of electronic devices.From 18 August 2025, the EU Batteries Regulation (2023/1542) will...
Salience Labs Limited has closed $30 million in Series A financing led by ICM HPQC Fund and Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc. The funds will be used to further the development of its photonic switches for...
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