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Google wins challenge against $1.7 billion EU antitrust fine
  + stars: | 2024-09-18 | by ( ) edition.cnn.com   time to read: +2 min
Google won a legal challenge Wednesday against a €1.49 billion ($1.66 billion) antitrust fine from the European Union, while chipmaker Qualcomm failed to repeal a penalty. She scored two major wins last week: against Google in a separate case and against Apple’s tax deal with Irish authorities. The AdSense fine, one of a trio of fines that have cost Google a total of €8.25 billion ($9.18 billion), was triggered by a complaint from Microsoft in 2010. In Qualcomm’s case, the US chipmaker only managed to convince the General Court to trim its EU antitrust fine to €238.7 million from €242 million. Qualcomm, which can appeal to the European Court of Justice on points of law, did not immediately respond to a request for comment.
Persons: Margrethe Vestager Organizations: Google, European Union, Qualcomm, Big Tech, Irish, European Commission, European Court of Justice, EU, European Court, Microsoft, Nvidia, The
CNN —Samsung’s latest generation of foldable phones aim to draw in traditional phone users with the help of artificial intelligence. The new Galaxy Z Fold starts at $1,899.99, up $100 from last year, and is available in silver, pink and navy. Meanwhile, the Z Flip starts at $1,099.99 (also $100 more than last year) and comes in silver, yellow, blue and mint. Samsung’s foldable line occupies between 80% and 85% of the market share. But those same people might prefer to sleep with a smart ring on their finger rather than a smartwatch on their wrist.
Persons: CNN —, Price, David McQueen, , Roh —, , , ” Roh, Gemini, Samsung’s, Siri, McQueen, Roh, Oura, Francisco Jeronimo, ” Jeronimo Organizations: CNN, ABI Research, Galaxy, Google, Huawei, Motorola, Apple, Samsung, IDC Research, IDC Locations: Paris, wearables
A fourth person said some of the companies were notified on Tuesday that their licenses were revoked effective immediately. The U.S. Commerce Department earlier in the day confirmed it had revoked some licenses but stopped short of naming the companies. “We have revoked certain licenses for exports to Huawei,” the Commerce Department said in a statement, declining to specify which ones it had withdrawn. The move could hurt Huawei, which still relies on Intel chips to power its laptops, and could hurt US suppliers that do business with the company. In a regulatory filing earlier this month, Qualcomm said it did not expect to receive more chip revenue from Huawei beyond this year.
Persons: Biden, Elise Stefanik, Trump, Critics, SMIC Organizations: Singapore Reuters, Intel, Qualcomm, Huawei Technologies, U.S . Commerce Department, Huawei, Republican, Commerce Department, , Reuters, US Locations: Washington, Singapore, United States, Republican China, American, Communist, Qualcomm’s
Samsung Galaxy S24 lineup goes all in on AI
  + stars: | 2024-01-17 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +4 min
CNN —Samsung’s next-generation flagship Galaxy S24 devices aim to take messaging, photos and games to the next level with artificial intelligence. At its annual Samsung Galaxy Unpacked event on Wednesday, the company showed off its Galaxy S24 Ultra, Galaxy S24+ and Galaxy S24 smartphones, in what it says will usher in the next era of how people use their smartphones. The 6.2-inch Galaxy S24 ($799.99) and the 6.7-inch Galaxy S24+ ($999) are available in onyx black, marble gray, cobalt violet and amber yellow. Standing outAlthough AI on smartphones isn’t entirely new — Google’s latest Pixel 8 lineup launched in October 2023 with many AI features — Samsung’s scale could make more consumers aware of the possibilities. Some on-device generative AI features could be made exclusive to iPhone 16 models, thanks in part to its custom chips.
Persons: CNN — Samsung’s, , Jitesh Ubrani, , Siri, IDC’s Organizations: CNN, Samsung Galaxy, Galaxy, Samsung, IDC, Apple, Android, ABI Research
Apple’s Chip Struggles Add Time to Qualcomm’s Clock
  + stars: | 2023-09-11 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
Autotalks and Qualcomm logos are seen in this illustration taken, May 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsAug 22 (Reuters) - The U.S. Federal Trade Commission (FTC) is expected to open an in-depth probe on Wednesday of Qualcomm’s (QCOM.O) purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday, citing people familiar with the matter. In May, Qualcomm had said it would acquire Israel's Autotalks Ltd, a maker of chips used in crash-prevention technology in vehicles, but had not disclosed the terms of the deal. Autotalks, which makes dedicated chips used in the V2X communications technology sector for manned and driverless vehicles, would help Qualcomm expand its automotive-related business. Qualcomm, Autotalks and the FTC did not immediately respond to requests for comment.
Persons: Dado Ruvic, Autotalks, Granth, Maju Samuel Organizations: Qualcomm, REUTERS, U.S . Federal Trade Commission, Politico, Israel's Autotalks, EU, Autotalks, FTC, Thomson Locations: France, Ireland, Italy, Netherlands, Poland, Spain, Sweden, Bengaluru
China does Intel a small favor
  + stars: | 2023-08-16 | by ( Jonathan Guilford | ) www.reuters.com   time to read: +3 min
Acquire Licensing RightsNEW YORK, Aug 16 (Reuters Breakingviews) - Intel (INTC.O) can thank China later. The chipmaker on Wednesday terminated its $5.4 billion acquisition of Tower Semiconductor (TSEM.TA), after failing to secure approval from the country’s State Administration for Market Regulation. Beijing’s trustbusters are providing a helpful escape route from the intensifying technology trade war. Reuters GraphicsAdding Tower would have helped Intel boss Pat Gelsinger with his strategic pivot to making semiconductors designed by others. Tower uses old technology, however, while Intel’s new customers, including the U.S. Department of Defense and Qualcomm, want cutting-edge fabrication.
Persons: Pat Gelsinger, MaxLinear, China’s, Jeffrey Goldfarb, Sharon Lam Organizations: Dow Jones Industrial, Intel, Reuters, Tower Semiconductor, Administration, Market, NXP Semiconductors, U.S . Department of Defense, Qualcomm, Wall Street Journal, Motion Technology, Cisco Systems, Acacia Communications, Thomson Locations: San Diego , California, China, country’s, Washington, Beijing
OAKLAND, Calif., Jan 4 (Reuters) - Mobile chip maker Qualcomm Technologies, Inc (QCOM.O) on Wednesday unveiled a processor chip for the car called Snapdragon Ride Flex SoC that handles both assisted driving and cockpit functions, including entertainment. Previously those functions were handled on different chips and merging them can help bring down costs, said Nakul Duggal, Qualcomm’s head of automotive. The extra external components that you need, those go down,” Duggal told Reuters. Qualcomm has been steadily building up its automotive business in recent years and in September it said its automotive business "pipeline" increased to $30 billion. Duggal said automotive customers are already trying out the new chip and it would be commercially available in the first half of next year.
Qualcomm’s Longer Life With Apple Comes at a Cost
  + stars: | 2022-11-03 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
The company Wednesday became the latest chip maker to see its numbers hit by a rapidly weakening smartphone market. Qualcomm will be keeping Apple ’s lucrative iPhone business a while longer—for better and for worse. Qualcomm told investors during its fiscal fourth-quarter earnings call late Wednesday that it expects its modem chip to have the “vast majority” of Apple’s iPhone business for the next crop of devices expected to launch in the fall of 2023. That is a shift from the company’s previously stated assumption of 20% share, but the news wasn’t a big surprise. An influential Apple supply-chain analyst reported back in June that Apple’s efforts to develop its own modem had hit a snag and were unlikely to be ready for the 2023 iPhones.
Amazon’s second Prime Day-like sale this year is now on — for the first time in Prime Day history. Prime Early Access Sale: The best deals on products at their lowest price everBelow, we’re sharing the best products — based on our previous coverage and reporting — that are at their lowest price ever during the Early Access Prime Sale. 4.7-star average rating from 522,925 reviews on AmazonAmazon's smart plug is designed to be compact so it won't block a second wall outlet, the brand says. It has a 5,000mAh battery that, according to the brand, should last for more than a day on a single charge. 4.4-star average rating from 618 reviews on AmazonUnlike razors that only trim hair at the skin’s surface, epilators remove hair from the roots.
This is the best kind of deja vu: Amazon’s second Prime Day-like sale this year is now on — for the first time in Prime Day history. The Prime Early Access Sale (running through Oct. 12) has sitewide savings for Prime members on categories from skin care and home goods to tech and fitness equipment. To help you make the most of the fleeting shopping holiday, we compiled some of the best Prime Day deals live on Amazon that offer top products at their lowest price ever, plus highlighted other notable deals from counter sales at other retailers. Prime Early Access Sale: The best deals on products at their lowest price everBelow, we’re sharing the best products — based on our previous coverage and reporting — that are at their lowest price ever during the Early Access Prime Sale. It has a 5,000mAh battery that, according to the brand, should last for more than a day on a single charge.
The second sale — dubbed the Prime Early Access Sale— runs through Oct. 12 and offers sitewide savings for Prime members on popular categories ranging from skin care and home goods to tech and fitness equipment. SKIP AHEAD Prime Early Access tech sales on Amazon | Tech sales at other retailersWhether you’re shopping for cool products for your tech-loving friends or just looking for some great deals for yourself, you’ll find notable discounts on TVs, headphones, laptops, smartwatches, tech accessories and more during the Prime Early Access Sale. The best Prime Early Access Sale tech dealsBelow, we’re sharing the best deals from the Prime Early Access Sale on tech products based on our previous coverage and reporting. Prime Early Access Sale: Best tech sales on AmazonHere are the best tech sales on Amazon right now during the Prime Early Access Sale that we think you’ll want to know about. Prime Early Access Sale: Best tech sales at other retailersIn addition to Amazon, the following retailers are offering tech sales we recommend.
The company estimated $1.3 billion in auto revenue for the fiscal year ended Sunday, up 33% from the prior year. Ninety percent of Qualcomm’s auto-related revenue forecast through 2026 is based on existing design wins from across the business line, Mr. Palkhiwala said. “It’s a business that’s important to us,” Mr. Palkhiwala said about the auto-chips division. Like Qualcomm, chip companies such as Intel Corp. and Nvidia Corp. are wading deeper into the auto market. Nvidia reported $566 million in revenue for its auto business in the year ended in January, up 5.6% from the prior-year period.
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