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Qualcomm's revenue pops as 5G chip sales accelerate

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Smartphone chipmaker Qualcomm Inc. delivered a strong earnings beat today in its first financial report under new Chief Executive Cristiano Amon, and added offered strong guidance for the next period, sending its stock higher in extended trading.
The company reported a third-quarter profit before certain costs such as stock compensation of $1.92 per share on revenue of $7.99 billion, up 63% from a year ago. That just beat Wall Street’s forecast for $1.91 per share in earnings, and was some way ahead of the $7.53 billion revenue forecast.
Amon (pictured) said in a statement the company is on pace to deliver “$10 billion of annual revenues across RF front-end, IoT and Automotive” in addition to leading the 5G transition. “We are seeing unprecedented demand for our technologies as the pace of digital transformation accelerates,” he added. ....

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Jay Y Lee: Pressure grows on South Korea to free jailed Samsung boss to help global chip shortage

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(Copyright 2020 The Associated Press. All rights reserved)
Leaders of South Korea s business community have called on President Moon Jae-in to release the jailed boss of Samsung Electronics Ltd, Jay Y Lee, to help bolster the country s competitive chances in the ongoing chip shortage.
The plea, made on Monday, came during a luncheon with Mr Moon and bosses representing four of the nation s most substantial business sectors.
Representatives from Samsung, Hyundai, LG and SK discussed the situation with Mr Moon.
Chey Tae-Won, the chairman for SK Group, asked the president to consider a petition sent to him from a business lobbying group requesting Lee be released. The Korea Chamber of Commerce – which is headed by Mr Chey – was among the five lobbying groups who sent the petition. ....

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Chipmakers and big tech push for $50B funding for semiconductor R&D

Chipmakers and big tech push for $50B funding for semiconductor R&D
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Computer chip makers and some of their biggest customers joined forces today in an attempt to pressure the U.S. government to commit tens of billion dollars in funding toward semiconductor manufacturing and research.
The Semiconductors in America Coalition’s members include international chipmakers such as Intel Corp., Advanced Micro Devices Inc., Qualcomm Inc., Taiwan Semiconductor Manufacturing Co. Ltd., Samsung Electronics Ltd., Nvidia Corp. and Nvidia Corp., as well as big tech firms such as Amazon Web Services Inc.,, Google LLC, Microsoft Corp. and Apple Inc.
The group said today it is throwing its weight behind the CHIPS for America Act that was introduced in June 2020, with an aim to “appropriate $50 billion for domestic chip manufacturing incentives and research initiatives.” The CHIPS for America Act has been approved by the House and the Senate as par ....

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IBM Research says it has created the world's first two-nanometer chip

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IBM Corp.’s research division today announced what it says is a key breakthrough in chip design, creating the world’s first semiconductor based on two-nanometer “nanosheet” technology.
The company said its new two-nanometer chip blueprint will serve as the foundation of its future technology offerings, including its IBM Power Systems and IBM Z platforms. It’s also aimed at helping accelerate advancements in areas such as artificial intelligence, 5G and 6G networks, autonomous systems, quantum computing and even space exploration.
The most advanced computer chips developed so far are based on a five-nanometer process, while the majority of chips in use today are still based on a seven-nanometer process. The term “nanometer” is used to describe how many transistors can be squeezed onto a single chip. Nanometers define the distance between transistors and other components in computer processors, so the smaller the number is, the more that can be placed ....

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Technological Advancement and Ease of Use and Convenience Driving the Smart Home Technology Market Analysis & Forecast with Different Segment and Key Players Insights

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NOIDA, India, April 8, 2021 /PRNewswire/ A comprehensive overview of the smart homes technology market is recently added by UnivDatos Market Insights to its humongous database. The smart homes technology market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the smart homes technology market. The smart homes technology market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the smart homes technology market at the global and regional levels. ....

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