Finance

Despite its plans to exit the chip business, IBM is to spend $3 billion over the next five years on microelectronics R&D.

Printed electronics at room temperature are a step closer following a development by MANA, the Japanese International Center for Materials Nanoarchitectonics at the National Institute of Materials Science (NIMS) at Tsukuba.

The market for AC-DC and DC-DC power supplies will grow by $3.5 billion in the next four years from $21.6 billion in 2014 to $25.1 billion in 2018, says IHS Technology.

Qualcomm and DoCoMo have launched a VoLTE service in Japan.

Renesas will implement a business reorganisation on 1 August which has three aims:

Plessey has signed a distribution agreement with CODICO of Perchtoldsdorf, Austria.

Atmel is to buy Wi-Fi and low-power Bluetooth IC specialist Newport Media for $140m.

Record number of students will attend the electrical engineering summer school this week organised by the UKESF (UK Electronics Skills Foundation). It is being hosted this year by the University of Southampton from the 7th to the 11th July. This year 80 A-level and Scottish Higher students from 77 schools across the UK will participate in the UKESF summer school, twice ...

Honeywell Sensing and Control is trying to increase its business presence in Europe. The manufacturer of sensors and control products has product design teams working in Europe and it is looking to capitalise on this to grow its business in the region. European currently accounts for 25% of Honeywell’s $39bn sales but the company believes there is potential to grow ...

Philips is to combine its Lumileds LED component business with its automotive lighting businesses into a stand-alone company. Philips group intends to remain a shareholder and customer of the new company, it said, will continue the existing innovation collaboration, but will “explore strategic options to attract capital from third party investors for this business”. According to group CEO Frans van ...