Tag Archives: intel

Intel invests $62M in virtual reality, drones, mobile

Intel’s latest investments included funding Avegant, which is developing the Glyph virtual-reality goggles. Sarah Tew/CNET Intel has funded a virtual-reality goggles company, a firm that uses drones to collect aerial data, and mobile audio and video companies, as part of its quest beyond the realm of traditional chips. The $62 million in investments for 16 …

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Qualcomm earnings rise, but guidance weak

Stephen Shankland/CNET Qualcomm said its fiscal third-quarter profit rose 42 percent, as the company’s chipset sales showed considerable strength. However, shares fell because of weak guidance projections, dropping 3.3 percent to $78.90 in after-hours trading. The chipmaker, whose technology is part of the iPhone and of Samsung’s Galaxy gadgets, warned that it believes some licensees in China are underreporting their …

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