Qualcomm to start job cuts

Qualcomm is reported by Bloomberg to be about to cut 1,500 jobs in California. The company has 33,800 full-time and temporary employees. Severance packages have been offered. “Qualcomm is conducting a reduction of our full-time and temporary workforce,”  says a spokesperson. During its fight with Broadcom, Qualcomm told investors it would make $1 billion in cost ...

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UK and India ink tech deal

The UK-India Tech Partnership, established yesterday between Theresa May and Indian PM Narendra Modi is expected to identify and pair businesses, venture capital, universities and others to provide access routes to markets for British and Indian entrepreneurs and small and medium enterprises. The UK will initially invest £1 million to pilot the approach and potentially ...

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Semi packaging materials market reaches $16.7bn

The semiconductor packaging materials market reached $16.7 billion in 2017, report SEMI and TechSearch International. While slower growth of smartphones and personal computers – the industry’s traditional drivers – is reducing material consumption, the slowdown was offset by strong unit growth in the cryptocurrency market in 2017 and early 2018. Flip chip package shipments into ...

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