Samsung Electronics confirmed on Tuesday that it is planning to invest more than $1 billion in its chip manufacturing facilities in Texas.
Microchip technology Inc. bought rival chipmaker Atmel Corp. for a price of $3.56 billion. This acquisition beats other bidder Dialog Semiconductor PLC due to its sudden share price drop.
Qualcomm Inc (QCOM.O) has agreed to buy chip maker CSR Plc (CSR.L) for $2.5 billion, pushing out its rival Microchip Technology (MCHP.O) to win the British bluetooth specialist.
Britain's CSR (CSR.L) has rebuffed an approach from Microchip Technology (MCHP.O), saying that the undisclosed price proposed by Microchip was not enough if its U.S. rival wants to bolster its role in the "Internet of Things" with the chipmaker's radio technology.
Acquisition Will Expand Microchip’s Smart Connectivity Solutions for Embedded Markets