Consumer electronics major Sony India is “quite optimistic” about its audio business in the country and expects over 20 percent growth for the next few years, continuing the overall good traction from its range of personal audio and home entertainment products, a company official said. The company expects “robust” festive season sales this year for … Read more
Intel’s next chief executive officer will have manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said on Wednesday. Reuters reported on Tuesday that Intel has started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker, a … Read more
Apple is undergoing a rare shake-up of its executive ranks, aiming to get its artificial intelligence efforts back on track after months of delays and stumbles, according to people familiar with the situation. Chief Executive Officer Tim Cook has lost confidence in the ability of AI head John Giannandrea to execute on product development, so … Read more
NXP Semiconductors could generate between eight percent and 10 percent of its revenue from India over the next three to five years, a senior executive told Reuters on Monday, underscoring rising interest in the country’s nascent chip market. India’s growing automotive and industrial sectors are expected to boost the company’s sales in the region, NXP … Read more
Apple is interested in tapping generative artificial intelligence to help speed up the design of the custom chips at the heart of its devices, its top hardware technology executive said in private remarks last month. Johny Srouji, Apple’s senior vice president of hardware technologies, made the remarks in a speech in Belgium, where he was … Read more