Tag: Intel

Israel approves Intel’s $6 billion investment in chip plant

(Reuters) – Israel’s finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant, in what would be the largest single investment by a foreign company in the country. Intel will receive a government grant of $300[Read More…]

Samsung, Intel, Dell Team Up On Standards For Connected Gadgets

By Noel Randewich (Reuters) – Samsung Electronics, Intel Corp and Dell have joined to establish standard ways for household gadgets like thermostats and light bulbs to talk to each other, at odds with a framework backed by Qualcomm, LG Electronics and other companies. The new Open Interconnect Consortium, like the Qualcomm-supported[Read More…]

EU Court To Rule June 12 On Intel Challenge To $1.5 Billion EU Fine

BRUSSELS (Reuters) – Europe’s second-highest court will rule next month on U.S. chip maker Intel Corp’s challenge to a record 1.06-billion-euro ($1.47 billion / 869.7 million pounds) fine levied by EU antitrust regulators five years ago, a court official said on Tuesday. The penalty, which represented 4.15 percent of Intel’s[Read More…]