IBM likely exiting chip making business

IBM likely exiting chip making business

IBM is not a household name lately as the company has been exiting the computer business for years, selling its hard drive division to Hitachi in the distant 2003 year and then its PC division to Lenovo. Now the latest rumor regarding the company claims that IBM will exit the chip making business altogether.

The source of the news is unknown, although it claims to be “familiar with the matter”. IBM now seeks to sell its fabrications plants to other companies so that it can focus on service provision rather than hardware sales. Another reason is that IBM’s microelectronics arm loses around USD 130 million per year and with PC sales this gap is likely to grow. In addition IBM’s chips have not been particularly popular in the past few years. They were used in various gaming consoles but the latest models such as the Xbox One and PlayStation 4 have opted for chips from AMD rather than IBM.

IBM did not comment the news.

Source: Bit-tech.net

Related posts

Samsung Exec Windows Mobile smartphone available at U.S. Cellular

Samsung Exec Windows Mobile smartphone available at U.S. Cellular

Samsung Telecommunications America (Samsung Mobile) the No.1 mobile phone provider in the U.S., and U.S. Cellular announce the availability of the Samsung Exec™ (SCH-i225). The Exec is a slim, power-packed smartphone that offers users functionality and a wide array of features. “Many of our...

Mobile Gaming to Overtake PC, Console by 2019

Mobile Gaming to Overtake PC, Console by 2019

The gaming landscape is changing very fast. It was just a generation ago when video games became a thing - the first true arcade games, like Pong, were launched in the late 1970s. Since then games have slowly moved to our computers, to our living rooms (with gaming consoles), and now into our...

First pictures of the Samsung Galaxy S6 Active

First pictures of the Samsung Galaxy S6 Active

A few months ago when we reported on the then new Samsung Galaxy S6 we said there would be a version of the smartphone designed for active people and called Galaxy S6 Active. Well, the first pictures of this device have been published online and they show a Galaxy S6 Active smartphone that will...

Leave a comment