Intel to Create New Smartphones

Intel Corporation revealed its plans to collaborate with Lenovo and Motorola Mobility Inc to develop Smartphones that would run on the Intel chips. It was confirmed by Intel, Motorola and Lenovo at the CES (Consumer Electronics Show), that they were working in a collaborative way to create absolutely two mew models of Smartphone. Lenovo unveiled at this event the smartphone, the K800.  Liu Jun, the president of Lenovo stated that “It is my great honor today, to introduce to you the world’s first Intel architecture–based smartphone, the Lenovo Smartphone K800.”. He also said that “We are transforming Lenovo …

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$376 Worth Stock Award Received by Tim Cook

Tim Cook, the chief executive officer of Apple Inc, received a stock award, which is approximately worth of $400 million. Till date, it is the largest amount given out by an organization. The concerned organization took this step to state in a subtle way to the world that it trusts Cook completely and is confident about his work caliber. According to Aaron Boyd, the Head of Research at the Equilar, “As far as a singular award, we haven’t seen anything this large in a long time,” The stock award that comes close to it is the stock package …

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New Deal on Computer Chips by IBM and GlobalFoundries

IBM and the GlobalFoundries have announced a deal on last Monday. The deal is about the manufacturing of the chips at the GlobalFoundries plant that is being newly constructed in Malta, situated close to Albany. The production of 32 nanometer chips got started at this site in 2012 itself and the second half of this year would witness a full-fledged production. According to Bernie Meyerson, the Vice President of IBM, the plant of Malta had appealed more than the other plants primarily for two factors. The first is that it is situated in close proximity to IBM’s research …

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