Early this month Advanced Micro Devices introduced its new low-cost desktop platform based on Kabini chip design. The new AM1 platform comprises microprocessors carrying Athlon and Sempron brands with integrated graphics cores as well as new mainboards with FS1b sockets previously only used for mobile applications. What AMD did not …

Chief executive officer of Intel Corp. said in an interview that the company’s relationship with Apple was “growing closer”. Unfortunately, he did not reveal any details about the development of relationship, but he clearly demonstrated that the chip giant is interested in providing Apple what it needs to win. “We …

Lenovo Group and IBM Corp. on Thursday inked an agreement in which Lenovo plans to acquire IBM’s x86 server business for about $2.3 billion. In addition to the division, Lenovo will also get software, networking and maintenance operations. Thanks to the deal, Lenovo will become one of the leading x86 …

For IBM, many of its low-margin business units are no longer important since they do not bring desired revenues and in many cases make losses without providing any strategic advantages. But there are companies, who are interested in acquiring select IBM’s businesses in order to boost their market shares and …

Advanced Micro Devices on Tuesday reported its financial results for the fourth quarter as well as for the while fiscal year 2013. Thanks to sales of chips for video game consoles, such as Microsoft Xbox One and Sony PlayStation 4, the company managed to return to profitability and boost its …