All Business News

Hive spins out of Philips

Royal Philips Electronics has spun out Silicon Hive, its technology incubator, as an independent company. The move was led by New Venture Partners, TVM Capital and Philips, who have invested $10million in the new company.

Boyd elected UKEA chairman

National Microelectronics Institute ceo Derek Boyd has been elected chairman of the UK Electronics Alliance, the grouping of major UK electronics trade associations. Boyd replaces Ashley Evans who became ceo of the Electronics Knowledge Transfer Network.

Still alive!

Despite perceptions, it’s not yet time to write the asic’s obituary. By Paul Dempsey.

Intersil names Bell as president

Intersil has appointed David Bell (pictured) as its president and chief operating officer. Bell, who was president of Linear Technology until January, said: “I am excited about the opportunity to join what is already a talented high performance analogue team.”

Mirics targets Japan

Communications chip developer Mirics Semiconductor is collaborating with Electronics Link Japan (ELJ) to help develop its business in Asia. ELJ chairman Peter Bacon, left, celebrates the agreement with Simon Atkins, Mirics’ ceo.

Professor of technology transfer established

Professor Erkko Autio is to become the UK’s first Professor of technology transfer in the physical sciences. The £1million professorship, jointly funded by QinetiQ and the Engineering and Physical Sciences Research Council, will span five years.

50 years of academic computing

It’s 50 years since a huge government investment kick started academic computing, with machines installed at Leeds, Southampton, Newcastle, Oxford and London and Glasgow. According to Professor Roger Boyle, head of computing at University of Leeds, the investment was a huge risk. “They had no way of knowing if this was a good idea or not.”

Same old song?

How alternative solutions to board redesign can help you stay in harmony with production. By Mike Richardson.

Philips could make $8bn from TSMC stake

Philips Electronics and TSMC have agreed to a phased plan which will allow Philips to make an ‘orderly exit’ from its TSMC shareholding. “We are pleased to have reached agreement with TSMC on this plan to facilitate our exit from our current shareholding in TSMC in an orderly, responsible manner,” said Philips’ chief financial officer Pierre-Jean Sivignon (pictured).

Plextek looking to add staff

Cambridge based design consultancy Plextek is looking to boost staffing by more than 10% in the next couple of months as part of a business expansion plan. Managing director Colin Smithers, pictured, said: "We’re performing very well as a business and have many exciting projects in the pipeline.”

Dr T elected to US National Academy of Engineering

Dr James Truchard, National Instruments’ president and ceo, has been elected to the National Academy of Engineering, widely considered the highest honour given in US engineering. Dr Truchard has been recognised for ‘creating ‘virtual instrumentation’.

Zetex recovers, looks to ‘high value products’

Zetex says it has recovered from ‘trading difficulties’ in 2005 to show growth, a lower cost base and a new management team. Annual revenues of £67.2million were 17% up on the previous year, with profit almost doubled to £1.6m. CEO Hans Rohrer, pictured, said: “In the longer term, accelerated growth will be achieved through defining high value products through intense interaction with our target customers.”

CSR forges ahead

CSR's latest financial results show annual revenues grew by 45% to $704.7million, whilst operating profit rose by 33% to $149m.

C-MAC selected as MEAD partner

C-MAC MicroTechnology has announced its selection as a partner in the MEMS Application for Defence (MEAD) consortium, led by QinetiQ. The MEAD consortium will develop Micro Electro Mechanical Systems (MEMS) technology for the defence industry in a MoD backed project, with £3.2million of funding over three years.

National licenses IP through IPextreme

Semiconductor technology licensing company IPextreme has signed a ‘frame agreement’ with National Semiconductor under which it will sell and support a broad selection of proven semiconductor IP. Initially, IPextreme will offer an collection of commonly needed AMBA 2.0 peripherals and the CompactRISC CR16 processor.

Grab the opportunities, says ELC

The Electronic Leadership Council’s Annual Report claims UK electronics has a ‘potentially bright future’, but notes that it is crucial that the industry as a whole takes advantage of the opportunities that are being presented.

ARC claims ‘positive year’

Configurable processor company ARC has had what it calls a year of record growth in 2006. Amongst highlights in the company’s annual report are revenues up by 28% to £13.4million, royalties up by 30% to £3.4m and revenue from Asian customers up by 239% to £3m. Derek Meyer, senior vice president of sales and marketing, pictured, said: “It’s been a very positive year, with gains in licenses and royalties.”

Spansion takes #1 NOR spot

Spansion has displaced Intel as the leading NOR flash supplier, according to the latest rankings from iSuppli. The market watcher claims the NOR flash market in 2006 was worth $8.5billion, an increase of 8.1% over 2005.

SiLabs sells cellular comms business to NXP

Silicon Laboratories has sold its Aero transceiver, AeroFONE single chip phone and power amplifer product lines to NXP for $285million. “This transaction transfers a one of a kind business in the mobile handset market to NXP,” said Necip Sayiner, SiLabs’ president and ceo, pictured.

ARM grows revenues and licenses

ARM has reported a 20% increase in its revenues for the fourth quarter of 2006, said ceo Warren East, pictured. Hidden within the figures is a 27% increase in revenues from its Physical IP Division and a 21% increase in revenues from the processor division.

National Skills Academy unveiled

Trade and Industry Secretary Alistair Darling is to launch the National Skills Academy for Manufacturing, one of the first in a national network of academies that have been created to ‘put employers in the training driving seat’.

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