SVF Holdco (formerly Arm Holdings) saves Softbank $5.6bn

Arm’s owner Softbank paid no tax last year thanks to a transfer of 25% of Arm to Softbank’s Vision Fund, claims the Nikkei.   The transfer of 25% of Arm Ltd to the zvision Fund saved Softbank around $5.6 billion, says the Nikkei. Arm’s parent company, Arm Holdings, has been renamed SVF Holdco. On March ...

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CEVA partners with Immervision

CEVA and the wide-angle lens and image processing specialist Immervision of Montreal are partnering.  Immervision’s  image enhancement algorithms and software technologies improve image quality and remove the inherent distortions associated with the use of wide-angle cameras, particularly at the edges of the frame. Immervision’s technologies have shipped in more than 50 million devices to date ...

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Smartphone shipments decline for seventh successive quarter

Smartphone sales fell 3.6% to 331.2 million units in Q2, making it seven successive quarters of decline, says IHS Markit. The market has not increased on a year-over-year basis since the third quarter of 2017. The decline in shipments in the second quarter was widespread, with only Samsung, Huawei, OPPO and TCL Alcatel showing y-o-y ...

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