Intel Corporation (NASDAQ:INTC): According to a report from Doug Freedman of RBC Capital, Apple and Intel Corporation are having talks that could lead to Intel taking over Apple’s chipset manufacturing business. The scope of the deal is significant and would require a major turn around on the part of Intel, Freedman indicated. Intel would use rival ARM Holdings’s structure for the iPhone design and Apple would redesign the iPad to base it on the x86 processor. The deal would be worth a US$2 billion a year, making the accommodation worthwhile for Intel in spite of their caustic history with ARM. Apple would likely be willing to meet Intel’s requests, Freedman said, because alternative sources of chip-making capacity in the world market are deficient.
Broadcom Corp. (NASDAQ:BRCM), a world-wide innovation leader in semiconductor solutions for wired and wireless communications, said that they have started sampling the NLA12000 Series, the industry’s first heterogeneous KBPs manufactured in 28 nanometer. Designed to meet the scalability and efficiency demands of 3G/4G mobile infrastructure, data center, and enterprise environments, Broadcom’s latest knowledge-based processors deliver up to 24x greater performance than competing solutions in the most demanding applications.
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QUALCOMM Incorporated (NASDAQ:QCOM): Sharp (SHCAY) and Qualcomm Incorporated will collaborate in the development of an energy-efficient LCD panel for smartphones using Sharp’s technology. Sharp will provide Qualcomm their IGZO technology under the terms of the deal and Qualcomm will receive a Y5B investment through a private placement of new shares. Full details could be announced as early as Tuesday.
ARM Holdings PLC. (NASDAQ:ARMH) was upgraded by research analysts at Exane BNP Paribas from a “neutral” rating to an “outperform” rating in a report released on Monday.
EMC Corporation (NYSE:EMC) has purchased More IT Resources, an Israeli database and big data performance and monitoring company. Market sources believe EMC will pay $10-$20 million for the company.