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Business, Financial & Legal Posts - Page 4

AMD reportedly lost its CPU architect, Jim Keller, to Samsung

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Oct 25, 2015 9:25 am

Last month, Jim Keller left AMD as their CPU architect, with the last of his work being done on the Zen architecture. Keller had helped AMD with their K7 and K8 architectures, which were some of AMD's more golden times in the CPU market.




It's now being rumored that Keller has joined Samsung, where he'll begin work in the mobile processor division. Keller has previously worked on mobile processors, where he helped out on the iPhone 4 and iPhone 4S with Apple's A4 and A5S processors, respectively. The news of Keller joining Samsung is big, as he will be working out of their R&D centers in Austin, Texas.


Keller should further develop Samsung's already great mobile offerings, especially since the South Korean giant is on the forefront of 14nm FinFET technology.

Logitech posts best retail sales growth since 2010

By: Chris Smith | More News: Business, Financial & Legal | Posted: Oct 22, 2015 6:27 pm

As part of Logitech's second quarter Fiscal Year 2016 report they announced some stellar results, claiming to have acheived the best retail sales growth since 2010.




With Q2 sales being a total of $540 million, Logitech marked a two percent rise compared to last year, matched with a Q2 non-GAAP operating income of $42 million, showing a retail sales performance rise of 12 percent overall.


Logitech president and CEO Bracken P. Darrell is happy with these results, elaborating that his company saw a 9 percent rise in sales though the American market, 7 percent in EMEA and a massive 26 percent in Asia Pacific. In addition to this, Darrell pinpointed that Logitech saw "Gaming, Video Collaboration and Mobile Speakers" all growing by a massive 50 percent each.

Vivendi buys 6.6% of Ubisoft stock, Ubisoft boss says it's 'unwelcome'

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Oct 22, 2015 10:32 am

Vivendi has just secured itself a 6.6% chunk in Ubisoft, buying a huge $159 million stake in the French studio. Ubisoft CEO Yves Guillemot has said that "Vivendi and his [sic] chairman" had a reputation for "aggressively pursuing companies within the entertainment sector".




Guillemot said that Vivendi's investment was "unsolicited and unwelcome", where he said: "Our intention is and has always been to remain independent, a value which, for 30 years, has allowed us to innovate, take risks, create beloved franchises for players around the world, and which has helped the company grow into the leader it is today". Guillemot added: "We're going to fight to preserve our independence. We should not let this situation - nor any future actions by Vivendi or others - distract us from our goals. Our best defence is to stay focused on what we have always done best - deliver the most original and memorable gaming experiences".


In an email that were supplied with, Guillemot explained that a possible takeover of Ubisoft would be "managed by people who don't understand our expertise and what it takes to succeed in this industry".

Western Digital set to acquire SanDisk for $19 billion

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Oct 21, 2015 12:24 pm

Western Digital has announced it is acquiring flash memory manufacturer SanDisk in a deal worth $19 billion. Western Digital currently makes HDDs and SSDs for various PCs, laptops, and servers - but this new deal will give them better fighting power against its competition.




Both companies are run from California, with SanDisk being a long-time partner of one of WD's main rivals; Toshiba. This deal struck between WD and SanDisk will reportedly not affect the deal between SanDisk and Toshiba. There needs to be some regulatory sign-offs on the deal, but expect a full announcement sometime next year.

Hideo Kojima hasn't left Konami, he's just on holidays, says Konami

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Oct 21, 2015 4:34 am

It was only yesterday that we reported that Hideo Kojima had left Konami after a huge 29-year stint, but according to Konami, he's taking a long deserved vacation.




Konami denied Kojima left the studio to Japanese site Tokyo Sports, which Kotaku translated: "Currently, Kojima is listed as a company employee" according to a Konami spokesperson. But there was a purported farewell party for Kojima, and then the Konami spokesperson shot those rumors down, adding: "We're not sure what kind of thing this was".



How long will the Konami team be off enjoy their vacation time after pumping away at Metal Gear Solid V: The Phantom Pain? Konami doesn't know. But New Yorker contributor Simon Parkin, who broke the story on his "Kojima has left the building" story, shared a photo of the purported goodbye party for Kojima at Kojima Productions. The photo above is from the purported party, but Konami denies it took place.

Apple ordered to pay $234m in patent infringement case

By: Sean Ridgeley | More News: Business, Financial & Legal | Posted: Oct 20, 2015 3:49 pm

Earlier we reported Apple was being sued for patent-related damages by the Wisconsin Alumni Research Foundation, and that the jury had ruled the claim -- which concerned processor efficiency technology in the iPhone 5s, 6 and 6 Plus -- was valid. Now, damages have been set at $234m. This is much less than the original $862m asked, as it's been determined Apple did not willfully violate the patent.




Managing director of the Wisconsin Alumni Research Foundation had this to say: "This is a case where the hard work of our university researchers and the integrity of patenting and licensing discoveries has prevailed. The jury recognised the seminal computer processing work that took place on our campus."


An additional lawsuit making the same claim but concerning the 6S and 6S Plus has been filed, too. Between this win and another against Intel in 2008 for the same claim, the Foundation is favored.

Hideo Kojima has officially left Konami after 29 years

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Oct 20, 2015 1:31 am

After 29 years of making games for Konami like the 'Metal Gear' franchise, infamous game creator Hideo Kojima is finished.




The New Yorker reports that Kojima's last day was October 9, with his resignation meaning he also no longer works with Kojima Productions. Kojima Productions being a Konami-owned studio that he opened back in 2005. We knew that Kojima would leave the studio after Metal Gear Solid V: The Phantom Pain launched, but with the awesome Silent Hills being teased, the world thought he would stay.


Silent Hills was completely scrapped by the studio, and Kojima's name was ripped from the box art on Metal Gear Solid V, which showed just how far Konami was going with getting rid of Kojima.

Ballmer buys 4 percent stake in Twitter

By: Sean Ridgeley | More News: Business, Financial & Legal | Posted: Oct 16, 2015 8:28 pm

Former Microsoft CEO Steve Ballmer has purchased a 4 percent stake in Twitter, making him one of the company's biggest shareholders.




Following the news, Twitter Inc. shares rose 4.9 percent, which is especially good news for the company (and Ballmer) given they've declined 40 percent since April.


Ballmer stated on his new Twitter account that the company is "leaner, more focused" and that he's "glad" for his investment.

AMD outsourcing assembly, testing, packaging to NFME

By: Sean Ridgeley | More News: Business, Financial & Legal | Posted: Oct 16, 2015 7:43 pm

Following the AMD revenue loss news yesterday, the company will begin outsourcing its microprocessor assembly, testing, marking, and packaging operations to Nantong Fujitsu Microelectronics Co., Ltd (NFME), a Chinese company with expertise in semiconductor assembly and testing (pictured below).




The deal, which is expected to go live in the first half of 2016, is valued at $436 million. AMD will provide its facilities in the region and their 1,700 employees to NFME (including management), who will in turn provide AMD with $371 million. NFME will achieve 85% ownership, thereby serving as controlling shareholder of this joint-venture (not AMD itself). The joint-venture will house a total 5,800 employees across five facilities. No workforce reductions are planned.


AMD says it made the deal to cut expenses while providing itself with an infusion of cash. There's also something to be said for the enhancement of its supply chain operations.

Samsung dropping price on 14nm chips to secure new customers

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Oct 16, 2015 12:44 pm

Samsung is trying to get HiSilcion Technologies to buy its 14nm FinFET-based products from Samsung, so in order to secure orders from the China-based fabless vendor, it is reducing the prices on its 14nm FinFET production.




DigiTimes reports from its industry sources: "HiSilicon is already among TSMC's major clients, having placed 16nm chip orders at the Taiwan-based foundry". In response, DigiTimes adds: "TSMC said it does not comment on speculation about customers and orders". Samsung has already secured contracts from the likes of industry giants and competitors in Apple and Qualcomm by dropping its prices, while Qualcomm leans on TSMC to manufacture most of its Snapdragon processors.


Apple has relied on TSMC for its A8 processors, the ones found in the previous generation iPhone 6 and iPhone 6 Plus smartphones.

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