ADVFN - Advanced Financial Network.
HOME» NASDAQ » I » INTC Stock Price » INTC Stock News

Intel Share News

 Intel (mm) Stock Price
INTC Stock Price
 Intel (mm) Stock Chart
INTC Stock Chart
 Intel (mm) Stock News
INTC Stock News
 Intel (mm) Company Information
INTC Company Information
 Intel (mm) Stock Trades
INTC Stock Trades

Arm To Create Joint Venture For Smartphones

By Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones) Arm Holdings PLC (ARM.LN), the U.K. semiconductor firm, Tuesday said it planned to create a joint venture with Gemalto N.V. and Giesecke & Devrient to develop a "secure environment" for smartphones, tablets and other devices. Cambridge, England-based Arm said it would own 40% of the joint venture, with Amsterdam-based Gemalto N.V. and Germany's Giesecke & Devrient owning 30% each. All of the companies will contribute assets, including cash, people, patents and intellectual property, with Arm contributing working capital and staff. The U.K. company said the cash it will contribute wouldn't be significant in terms of its overall balance sheet, but didn't elaborate. Arm competes with chip giant Intel Corp. (INTC) in the market for semiconductors to power computers and smartphones. Gemalto provides security software and services for different devices and Giesecke & Devrient makes SIM cards. Although Intel dominates the overall chip market, smartphones and other handheld devices typically use Arm-based chips, mainly because those chips tend to draw less power and allow longer battery life in phones. In recent months, though, Intel has been aggressively trying to move into the handheld market, recently signing a distribution agreement with Google Inc. (GOOG) for its Android smartphone-operating system. -By Jessica Hodgson, Dow Jones Newswires; + 44 7561 424788;

Stock News for Intel (INTC)
10/08/201513:00:00Joint Partnership Bolsters Cybersecurity in Indiana; State, Purdue...
10/08/201509:10:00Hewlett-Packard, SanDisk Join Forces on New-Breed Memory Chips
10/05/201503:01:00Wind River Continues Advancing Development of IoT Devices with...
10/01/201518:00:00AMD to Cut 5% of Workforce
10/01/201517:13:00AMD to Restructure and Cut 5% of Workforce
09/29/201516:43:05Statement of Changes in Beneficial Ownership (4)
09/29/201500:30:00Intel Security Reveals Armin van Buuren as the Most Dangerous...
09/28/201508:24:00Semiconductor - Broad Line Stocks Review -- Intel, Advanced Micro...
09/23/201512:00:00Intel joins Verizon's 5G Technology Forum to accelerate development...
09/21/201509:36:00Scanning Stocks from Services and Technology Sectors - JetBlue...
09/17/201510:57:00Extending Benefits of the Clouds to More Businesses - Report...
09/17/201509:10:00Intel Capital Invests $67 Million in Chinese Startups
09/17/201508:57:00Intel Capital Invests $67 Million in Eight Chinese Startups
09/15/201508:00:00Intel Security Continues to Innovate as Consumer Security Needs...
09/14/201500:01:00Intel Commits to Mitigating Automotive Cybersecurity Risks
09/11/201517:20:00Statement of Changes in Beneficial Ownership (4)
09/11/201517:17:54Statement of Changes in Beneficial Ownership (4)
09/11/201509:00:00Intel Declares Quarterly Cash Dividend
09/09/201516:27:00Intel to Stop Supporting Science Contest -- Update
09/09/201513:10:00Intel to Stop Supporting Science Contest

Intel and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations