Author Archives: david manners

Marvell to lay off 17% of work-force as it re-positions mobile

Marvell appears to be pulling out of mobile to focus on IoT.

Weili Dai, co- founder Marvell

Weili Dai, president and co-founder Marvell

The company is to lay off 17% of its 7,000 employees. The lay-offs will hit staff in its mobile operation, they will cost $100-130 million and will save $170-220 million a year.

Mobile produced $122 million revenues last year for a profit of $13 million.

Marvell is involved in an investigation into its accounting procedures.

In an SEC filing, Marvell stated:”The investigation consists of a review of certain revenue recognition issues in the second quarter of fiscal 2016 and any associated issues with whether senior management’s operating style during the period resulted in an open flow of information and communication to set an appropriate tone for an effective control environment.”

Marvell overstated of revenue for the financial quarter ending on July 31 by 8-9%. It says that it will file its financial results late and they will show a $382 million loss. The company’s shares have fallen 38% this year.

Read more Marvell stories on Electronics Weekly »

See alsoConference & exhibition: Technology for building the IoT

 

david manners

Marvell to lay off 17% of work-force as it re-positions mobile

Marvell appears to be pulling out of mobile to focus on IoT.

Weili Dai, co- founder Marvell

Weili Dai, president and co-founder Marvell

The company is to lay off 17% of its 7,000 employees. The lay-offs will hit staff in its mobile operation, they will cost $100-130 million and will save $170-220 million a year.

Mobile produced $122 million revenues last year for a profit of $13 million.

Marvell is involved in an investigation into its accounting procedures.

In an SEC filing, Marvell stated:”The investigation consists of a review of certain revenue recognition issues in the second quarter of fiscal 2016 and any associated issues with whether senior management’s operating style during the period resulted in an open flow of information and communication to set an appropriate tone for an effective control environment.”

Marvell overstated of revenue for the financial quarter ending on July 31 by 8-9%. It says that it will file its financial results late and they will show a $382 million loss. The company’s shares have fallen 38% this year.

Read more Marvell stories on Electronics Weekly »

See alsoConference & exhibition: Technology for building the IoT

 

david manners

Infineon OPTIGA security certified to TPM 2.0

Infineon OPTIGA security certified to TPM 2.0

Infineon OPTIGA security certified to TPM 2.0

The German Federal Office for Information Security (BSI) has certified Infineon’s OPTIGA technology to TPM (Trusted Device Module) 2.0 standard.

TPM 2.0 is the most recent version of the standard which addresses the security requirements of a growing number of IoT devices.

Trusted computing based on TPM root of trust hardware provides protection for such devices as gateways and routers used in smart homes, mobile devices as well as connected industrial and automotive systems.

The system offers security from basic authentication products to advanced implementations for protecting integrity, authenticity and confidentiality of information.

Read more Infineon stories on Electronics Weekly »

david manners

Infineon OPTIGA security certified to TPM 2.0

The German Federal Office for Information Security (BSI) has certified Infineon’s OPTIGA technology to TPM (Trusted Device Module) 2.0 standard

TPM 2.0 is the most recent version of the TPM standard which addresses the security requirements of a growing number of IoT devices.

Trusted computing based on TPM root of trust hardware provides protection for such devices as gateways and routers used in smart homes, mobile devices as well as connected industrial and automotive systems.

The system offers security from basic authentication products to advanced implementations for protecting integrity, authenticity and confidentiality of information.

Read more Infineon stories on Electronics Weekly »

david manners

Flat forecast from Future Horizons

Unusually for a Future Horizons forecast, today’s was gloomy. Malcolm Penn, CEO of Future Horizons told IFS 2015 in London this morning that he expected 2% semiconductor market growth this year and a flat 2016.
image

“This is what we said in January – 8.5% growth for a $364 billion market,” said Penn. What he’s saying now is that the best we can hope for is 2% growth for a $343 billion market and that “growth could even be down at 1% if Q3 is low, said Penn.”

As the year unfolded, the 8.5% January forecast was quickly quashed. “Q1 was almost down 5% with most of the hit taken in March,” said Penn, “March should have bee a strong month but turned out to be very poor.”

Q1 was down 4.9% at $83 billion; Q2 was up 1% at $84 billion; Q3 could be 5% up at $88 billion snd Q4 could be down 1% at $87.3 billion.

What hasn’t changed is the unit growth which has grown for 14 successive quarters. For 29 years, unit growth in the semiconductor industry has been 10% CAGR, so the current downside driver for $ market growth is the level of ASPs.

What is lagging behind the historical trend is capex. Penn pointed out ghat the industry is spending half the historic ratio of capex vs sales. Currently front end capex is running at 7% of sales – half the historical level.

Capacity is now added only to order. It is not added speculatively – only if a customer has given a commitment to use it will foundries add capacity.

In the last five years the US has increased its market by 2%, the European market has decreased 3%, China has increased its market by 8% and Japan’s market has fallen 7%.

“The EU’s policies for the industry are not working,” said Penn, “the ELG (European Leaders Group) have done a fantastic mob of making sure we continue our decline.”

david manners

Flat forecast from Future Horizons

Unusually for a Future Horizons forecast, today’s was gloomy. Malcolm Penn, CEO of Future Horizons told IFS 2015 in London this morning that he expected 2% semiconductor market growth this year and a flat 2016.
image

“This is what we said in January – 8.5% growth for a $364 billion market,” said Penn. What he’s saying now is that the best we can hope for is 2% growth for a $343 billion market and that “growth could even be down at 1% if Q3 is low, said Penn.”

As the year unfolded, the 8.5% January forecast was quickly quashed. “Q1 was almost down 5% with most of the hit taken in March,” said Penn, “March should have bee a strong month but turned out to be very poor.”

Q1 was down 4.9% at $83 billion; Q2 was up 1% at $84 billion; Q3 could be 5% up at $88 billion snd Q4 could be down 1% at $87.3 billion.

What hasn’t changed is the unit growth which has grown for 14 successive quarters. For 29 years, unit growth in the semiconductor industry has been 10% CAGR, so the current downside driver for $ market growth is the level of ASPs.

What is lagging behind the historical trend is capex. Penn pointed out ghat the industry is spending half the historic ratio of capex vs sales. Currently front end capex is running at 7% of sales – half the historical level.

Capacity is now added only to order. It is not added speculatively – only if a customer has given a commitment to use it will foundries add capacity.

In the last five years the US has increased its market by 2%, the European market has decreased 3%, China has increased its market by 8% and Japan’s market has fallen 7%.

“The EU’s policies for the industry are not working,” said Penn, “the ELG (European Leaders Group) have done a fantastic mob of making sure we continue our decline.”

david manners

Flat forecast from Future Horizons

Unusually for a Future Horizons forecast, today’s was gloomy. Malcolm Penn, CEO of Future Horizons told IFS 2015 in London this morning that he expected 2% semiconductor market growth this year and a flat 2016.
image

“This is what we said in January – 8.5% growth for a $364 billion market,” said Penn. What he’s saying now is that the best we can hope for is 2% growth for a $343 billion market and that “growth could even be down at 1% if Q3 is low, said Penn.”

As the year unfolded, the 8.5% January forecast was quickly quashed. “Q1 was almost down 5% with most of the hit taken in March,” said Penn, “March should have bee a strong month but turned out to be very poor.”

Q1 was down 4.9% at $83 billion; Q2 was up 1% at $84 billion; Q3 could be 5% up at $88 billion snd Q4 could be down 1% at $87.3 billion.

What hasn’t changed is the unit growth which has grown for 14 successive quarters. For 29 years, unit growth in the semiconductor industry has been 10% CAGR, so the current downside driver for $ market growth is the level of ASPs.

What is lagging behind the historical trend is capex. Penn pointed out ghat the industry is spending half the historic ratio of capex vs sales. Currently front end capex is running at 7% of sales – half the historical level.

Capacity is now added only to order. It is not added speculatively – only if a customer has given a commitment to use it will foundries add capacity.

In the last five years the US has increased its market by 2%, the European market has decreased 3%, China has increased its market by 8% and Japan’s market has fallen 7%.

“The EU’s policies for the industry are not working,” said Penn, “the ELG (European Leaders Group) have done a fantastic mob of making sure we continue our decline.”

david manners

Ayla Cloud system monitors machines after sale

Ayla Networks, which runs machine-to-Cloud-to-mobile device networks, launches a product next week which will allow machine manufacturers to monitor their products’ behavioural patterns and other characteristics after they’ve been sold to consumers.

Adrian Caceres Co-founder and vp engineering at Ayla Networks.

Adrian Caceres, co-founder and vice-president of engineering at Ayla Networks

Ayla already has a business model which gets its Wi-Fi IP into consumer goods and connects them to an analytics engine in the Cloud which can be accessed by a mobile device.

The company gives its Wi-Fi IP away to chip companies. Marvell, Broadcom, Qualcomm and MediaTek are among chip companies which put Ayla’s IP into Wi-Fi chips to use when a customer wants a connected consumer product.

The usefulness of the system to a user of a connected machine is that the analytics can warn the user if the machine is about to go wrong, or if it needs servicing, or can switch it on when energy costs are low, or can flag up that a job has been done.

The beauty of the Ayla system is that it can apply widely across very different machine types – smoke detectors, medical devices, thermostats, filtering systems, coffee-makers, lighting systems and many others, without the need for any customisation.

“I haven’t had to write a single line of code for any of my customers,” Ayla co-founder and vice-president of engineering Adrian Caceres told Electronics Weekly.

Machine manufacturers can use a tool on the Ayla web-site to configure the service to fit the characteristics which they want monitored on their product.

An extraordinary example of a customer product is a sock for a baby which can report on its vital signs and can flag up in what position it is sleeping, among other things. “I would never have imagined that application, ever,” says Caceres.

Users pay for the service via a transactional charge based on the amount of data they send to the cloud-based analytics engine.

The new Ayla product launching on Monday, called Ayla Insights, creates a feed-back loop so machine manufacturers can get information from machines after they have been sold to customers. It helps machine manufacturers understand how their products operate post-sale, giving them access to kinds of data to which they haven’t had access before – data which manufacturers can use in the design of new generations of their product.

As with anything connected to the internet the big question is always security.

Ayla approaches this by putting security in the machine, in the mobile device and in the cloud using asymmetric keys which are changed daily. None of the keys is the same as any another key but each can only be matched by one other, different, key.

Is it un-hackable? “Nothing’s un-hackable,” replies Caceres.

Ayla doesn’t have its own servers but runs its business on Amazon servers.

Caceres co-founded Ayla in 2010 and the founders self-funded the company for two years until it had an A Series funding round in 2012. Since then it has had a B Round and has raised, in total, $20 million.

The company employs 100 people, mostly in Sunnyvale, with 30 in Shenzhen.

david manners

Ayla Cloud system monitors machines after sale

Ayla Networks, which runs machine-to-Cloud-to-mobile device networks, launches a product next week which will allow machine manufacturers to monitor their products’ behavioural patterns and other characteristics after they’ve been sold to consumers.

Adrian Caceres Co-founder and vp engineering at Ayla Networks.

Adrian Caceres, co-founder and vice-president of engineering at Ayla Networks

Ayla already has a business model which gets its Wi-Fi IP into consumer goods and connects them to an analytics engine in the Cloud which can be accessed by a mobile device.

The company gives its Wi-Fi IP away to chip companies. Marvell, Broadcom, Qualcomm and MediaTek are among chip companies which put Ayla’s IP into Wi-Fi chips to use when a customer wants a connected consumer product.

The usefulness of the system to a user of a connected machine is that the analytics can warn the user if the machine is about to go wrong, or if it needs servicing, or can switch it on when energy costs are low, or can flag up that a job has been done.

The beauty of the Ayla system is that it can apply widely across very different machine types – smoke detectors, medical devices, thermostats, filtering systems, coffee-makers, lighting systems and many others, without the need for any customisation.

“I haven’t had to write a single line of code for any of my customers,” Ayla co-founder and vice-president of engineering Adrian Caceres told Electronics Weekly.

Machine manufacturers can use a tool on the Ayla web-site to configure the service to fit the characteristics which they want monitored on their product.

An extraordinary example of a customer product is a sock for a baby which can report on its vital signs and can flag up in what position it is sleeping, among other things. “I would never have imagined that application, ever,” says Caceres.

Users pay for the service via a transactional charge based on the amount of data they send to the cloud-based analytics engine.

The new Ayla product launching on Monday, called Ayla Insights, creates a feed-back loop so machine manufacturers can get information from machines after they have been sold to customers. It helps machine manufacturers understand how their products operate post-sale, giving them access to kinds of data to which they haven’t had access before – data which manufacturers can use in the design of new generations of their product.

As with anything connected to the internet the big question is always security.

Ayla approaches this by putting security in the machine, in the mobile device and in the cloud using asymmetric keys which are changed daily. None of the keys is the same as any another key but each can only be matched by one other, different, key.

Is it un-hackable? “Nothing’s un-hackable,” replies Caceres.

Ayla doesn’t have its own servers but runs its business on Amazon servers.

Caceres co-founded Ayla in 2010 and the founders self-funded the company for two years until it had an A Series funding round in 2012. Since then it has had a B Round and has raised, in total, $20 million.

The company employs 100 people, mostly in Sunnyvale, with 30 in Shenzhen.

david manners

Ayla Cloud system monitors machines after sale

Ayla Networks, which runs machine-to-Cloud-to-mobile device networks, launches a product next week which will allow machine manufacturers to monitor their products’ behavioural patterns and other characteristics after they’ve been sold to consumers.

Adrian Caceres Co-founder and vp engineering at Ayla Networks.

Adrian Caceres, co-founder and vice-president of engineering at Ayla Networks

Ayla already has a business model which gets its Wi-Fi IP into consumer goods and connects them to an analytics engine in the Cloud which can be accessed by a mobile device.

The company gives its Wi-Fi IP away to chip companies. Marvell, Broadcom, Qualcomm and MediaTek are among chip companies which put Ayla’s IP into Wi-Fi chips to use when a customer wants a connected consumer product.

The usefulness of the system to a user of a connected machine is that the analytics can warn the user if the machine is about to go wrong, or if it needs servicing, or can switch it on when energy costs are low, or can flag up that a job has been done.

The beauty of the Ayla system is that it can apply widely across very different machine types – smoke detectors, medical devices, thermostats, filtering systems, coffee-makers, lighting systems and many others, without the need for any customisation.

“I haven’t had to write a single line of code for any of my customers,” Ayla co-founder and vice-president of engineering Adrian Caceres told Electronics Weekly.

Machine manufacturers can use a tool on the Ayla web-site to configure the service to fit the characteristics which they want monitored on their product.

An extraordinary example of a customer product is a sock for a baby which can report on its vital signs and can flag up in what position it is sleeping, among other things. “I would never have imagined that application, ever,” says Caceres.

Users pay for the service via a transactional charge based on the amount of data they send to the cloud-based analytics engine.

The new Ayla product launching on Monday, called Ayla Insights, creates a feed-back loop so machine manufacturers can get information from machines after they have been sold to customers. It helps machine manufacturers understand how their products operate post-sale, giving them access to kinds of data to which they haven’t had access before – data which manufacturers can use in the design of new generations of their product.

As with anything connected to the internet the big question is always security.

Ayla approaches this by putting security in the machine, in the mobile device and in the cloud using asymmetric keys which are changed daily. None of the keys is the same as any another key but each can only be matched by one other, different, key.

Is it un-hackable? “Nothing’s un-hackable,” replies Caceres.

Ayla doesn’t have its own servers but runs its business on Amazon servers.

Caceres co-founded Ayla in 2010 and the founders self-funded the company for two years until it had an A Series funding round in 2012. Since then it has had a B Round and has raised, in total, $20 million.

The company employs 100 people, mostly in Sunnyvale, with 30 in Shenzhen.

david manners