After a year of tough headlines, the world’s biggest technology companies showed last week that they’re powering through, continuing to rake in cash and invest in future growth.
AMD will license its graphics designs to Samsung for use in smartphones and tablets, taking its technology into a new market and helping differentiate products from the world’s biggest smartphone maker.
Intel, which had been the biggest beneficiary of a years-long, multibillion-dollar spending spree by the cloud computing industry, signalled an end to an expansion that drove record revenue and profit.
Samsung Electronics intends to invest the equivalent of about R1.7-trillion over the next decade or so to take on Intel and Qualcomm in the business of making advanced chip processors.
Huawei Technologies unveiled a new processor chip for servers as the Chinese telecommunications gear giant pushes ahead with expansion despite closer scrutiny from abroad.