Subject: General Tech | February 25, 2015 - 08:56 PM | Tim Verry
Tagged: PowerVR, Intel, Imagination Technologies, igp, finance
Update: Currency exchange rates have been corrected. I'm sorry for any confusion!
Intel Foundation is selling off its remaining stake in UK-based Imagination Technologies (IMG.LN). According to JP Morgan, Intel is selling off 13.4 million shares (4.9% of Imagination Technologies) for 245 GBp each. Once all shares are sold, Intel will gross just north of $50.57 Million USD.
Imagination Technologies' PowerVR Rogue Series 6XT GPU is used in Apple's A8-series chips.
Intel first invested in Imagination Technologies back in October of 2006 in a deal to gain access to the company’s PowerVR graphics IP portfolio. Since then, Intel has been slowly moving away from PowerVR graphics in favor of it’s own internal HD graphics GPUs. (Further, Intel sold off 10% of its IMG.LN stake in June of last year.) Even Intel’s low cost Atom line of SoCs has mostly moved to Intel GPUs with the exception of the mobile Merrifield and Moorefield” smartphone/tablet SoCs.
The expansion of Intel’s own graphics IP combined with Imagination Technologies acquisition of MIPS are reportedly the “inevitable” reasons for the sale. According to The Guardian, industry analysts have speculated that, as it stands, Intel is a minor customer of Imagination Technologies at less than 5% for graphics (a licensing agreement signed this year doesn’t rule out PowerVR graphics permanently despite the sale). Imagination Technologies still has a decent presence in the mobile (ARM-based) space with customers including Apple, MediaTek, Rockchip, Freescale, and Texas Instruments.
Currently, the company’s stock price is sitting at 258.75 GBp (~$3.99 USD) which seems to indicate that the Intel sell off news was “inevitable” and was already priced in or simply does not have investors that concerned.
What do you think about the sale? Where does this leave Intel as far as graphics goes? Will we see Intel HD Graphics scale down to smartphones or will the company go with a PowerVR competitor? Would Intel really work with ARM’s Mali, Qualcomm’s Adreno, or Samsung’s rumored custom GPU cores? On that note, an Intel powered smartphone with NVIDIA Tegra graphics would be amazing (hint, hint Intel!)
Subject: Mobile | October 30, 2014 - 11:40 PM | Tim Verry
Tagged: motorola, Lenovo, finance, Android
Lenovo officially acquired Motorola Mobility from Google in a deal worth $2.91 billion (both cash and stock) today. Following the acquisition, Motorola will exist as a wholly owned subsidiary of Lenovo. Motorola will retain its headquarters in Chicago's Merchandise Mart along with satellite offices (including Silicon Valley) and approximately 3,500 employees. Note that Google will retain the majority of Motorola's patent portfolio along with the Advanced Technology and Projects research division.
Lenovo now owns the Motorola brand as well as the Moto and DROID trademarks. Lenovo expects to sell 100 million smartphones within the first year following the acquisition. These smartphones will allegedly continue to feature a stock Android experience with a focus of quick OS updates. Specifically, this Motorola blog post states:
"We will continue to focus on pure Android and fast upgrades, and remain committed to developing technology to solve real consumer problems. And we will continue to develop mobile devices that bring people unprecedented choice, value and quality." -
Lenovo has indicated that it plans to aggressively pursue selling Motorola devices in China, emerging markets, and even stateside. That last bit is perhaps the most interesting aspect of the buyout. Lenovo has been producing smartphones for a couple of years now, and while the mobile devices have held promise, they have yet to be made available in the US market. Now that Lenovo owns Motorola, the company has the branding power, experience, and carrier relationships to bring their devices stateside in a big way.
Google was not necessarily bad for Motorola but the potential conflicts of interest with other Android phone manufactures, I think, resulted in Google being much more reserved with Motorola when it came to producing new Android hardware. Now that Lenovo holds the future of Motorola, I think the company will be free to compete with new hardware running any manner of OS but especially Android. I'm interested to see where Motorola will go from here and the kinds of devices we'll see from the now Lenovo-owned company.
Subject: General Tech | March 19, 2012 - 01:44 PM | Tim Verry
Tagged: finance, computer, apple
Apple inc, the popular consumer electronics and computer company behind such brushed aluminum products as the MacBook and iPad is currently sitting on a huge pile of cash. Specifically, they have $97.6 billion dollars on hand in cash and securities (!). Allegedly, former CEO Steve Jobs maintained these liquid assets in the event that they needed to buy out a company to make any problems go away.
Apparently, current CEO Tim Cook has other ideas about what to do with the company's money, including giving a small portion of it back to shareholders in the form of dividends. In light of this announcement, the company expects their stock price a grow over the long term. After generating $31 billion in cash last year (September to September), and on track to rake in even more profits this year Tim Cook does not foresee a dividend having any negative impact on their liquid assets. The quarterly dividend in question is set to be $2.65 per share stating July 1, 2012.
Apple is further instituting a $10 billion share buyback program that is reportedly being implemented to offset shares issues to employees. The buyback program will last for three years and begins on September 30, 2012.
After the release of the
iPad 3 new iPad (sigh) and positive reaction to dividend announcement, their stock price is rising and they are still sitting on quite the pile of money even with the new dividend!
Subject: General Tech | July 22, 2011 - 11:42 AM | Jeremy Hellstrom
Tagged: amd, bulldozer, finance, release
AMD has a lot to happy about today, even if both they and GLOBALFOUNDRIES are one CEO short of a full board. This time last year AMD was talking up Bulldozer as a product 12 months or more out of market and facing a $43 million loss under “Generally Accepted Accounting Principles”, as Josh explained fully. Long story short it was money being paid for GF; the unadjusted profit for the quarter was actually $83 million, . This quarter it was a $61 million profit, $70 million non-GAAP, thanks to AMD focusing on keeping the costs down, with a bit of help from the recent release of Llano.
On the processor side, AMD is pegging the 16-core "Interlagos" Opteron 6200 Bulldozer CPU for servers and the Zambezi FX series will both come out at the same time, at least as far as revenue is concerned. We may not have them in hand for a while longer than that, but not too long. Drop by the Register for the full picture.
"The hybrid CPU-GPU chips for mobile PCs gave Advanced Micro Devices some breathing room in the second quarter, but it's going to take continued ramping of these APU processors and an upswing in Opteron server sales to get the company back to the profit levels it should be enjoying during a retooling phase in the IT market – and it looks like AMD and its server partners won't have to wait too much longer."
Here is some more Tech News from around the web:
- AMD is in no rush to find its next CEO @ The Inquirer
- AMD sees profit in 2Q11 @ DigiTimes
- Holographic DVD stores 500GB @ SemiAccurate
- Power tool battery charger repair @ Hack a Day
- Visiting FSP + Aurum CM 750W Preview @ AnandTech
Subject: General Tech | July 13, 2011 - 12:08 PM | Jeremy Hellstrom
Tagged: amd, finance
At The Inquirer you can read a counterpoint to a recent analysts comments on the failure of AMD in the current market. It seems that APUs are not hot ... even though that is exactly what Intel's SandyBridge processors are whether they call them that or not. The analyst is unimpressed with the performance of the CPU portion of Llano, which is understandable as most of us were underwhelmed with its performance. He completely glosses over half of Llano, calling it "integrated graphics circuitry" and giving no recognition to the fact that it is the fastest iGPU ever seen and can even earn you Bitcoins. As The Inquirer points out, the size graphics portion of the APU on AMD opens up quite a bit of utility that people just aren't programming for and while the CPU portion is clocked lower it performs true multithreaded apps much more efficeintly.
He then goes on to denegrate AMD's chances in the server room, citing Intel's Xeon refresh. What is strange is that Intel's move to 22nm in 2012 is somehow much more of a safe bet that AMD's first generation of Bulldozer for the server room. Both are new architectures and while Intel is generally a safe bet, AMD and GF are also a team to bet on. He also misses mention of AMD's Terramar and Sepang, which will compete directly with the Xeon E7 lineup and apparently has no idea about ARM's plans whatsoever.
Can't argue his point about the lack of a CEO though.
AMD's Quarter 2 2011
"A CHIP ANALYST at JMP Securities has downgraded AMD, alleging that the company's APU and server offerings aren't in sync with the needs of its retail partners and are falling behind the competition, both of which, if true, are damaging for AMD's prospects."
Here is some more Tech News from around the web:
- Intel set to release 7 series-based Z, H and Q series chipsets in 2Q12 @ DigiTimes
- Bitcoin Mining GPU Performance Comparison @ [H]ard|OCP
- The Art of Tweaking @ Hardware Secrets
- Hynix and Toshiba push next generation MRAM @ The Inquirer
- Yes to Lion, no to cruft: get a clean start with manual Mac migration @ Ars Technica
- TSMC reiterates plans to commercially produce 28nm chips later in 2011 @ DigiTimes
- Belkin N750 DB Wireless N+ Router Review @ TechReviewSource
- Gabriel Torres on Computer America Radio Show - 07/13/2011 @ Hardware Secrets
- Quadrotor Roundup @ Make:Blog
- Real World Labs And FinalWire Joint Contest