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The chipmaker has agreed to acquire certain assets of ST-Ericsson's Global Navigation Satellite Systems business, and 130 employees from ST-Ericsson will join Intel as part of the deal.
The company says that it will be forced to reduce its global workforce by 1,700 employees, but some of those will be transferred to ST as part of its broader plan.
Formed in 2009, the joint partnership of STMicro and Ericsson was never profitable as top customer Nokia lost market share to Apple and Samsung.
The first devices that take advantage of the new standard's 10Gbps data-transfer speed should arrive in 2014. Too bad for Thunderbolt.
A Finnish startup created by former Nokia executives is hoping to break through with their fledgling mobile operating system.
The translucent software is made by Jolla, a company founded by ex-Nokia employees, and will fight Android.
The mobile operating system that refuses to die is back in the spotlight. In fact, it is looking better than ever.
A higher-wattage variation of USB means you could use it to charge your laptop, not just your phone. The first devices supporting the standard could arrive this year.
Images and details leak online for three unannounced Motorola smartphones, one of which could be called the Blade.
Seventeen allies agree not to sue each other over WebM-related video encoding patents. Google wants to enlist more to counter MPEG LA's royalty efforts.