English
CSR guts Zoran DTV chip business in re-org
EETimes (12/12/2011 12:45 PM EST)
SAN FRANCISCO—Chip maker CSR plc said Monday (Dec. 12) it would discontinue investment in the digital TV and silicon tuner product lines it recently acquired when it bought Zoran Corp. and lay off about 800 employees by the end of the second quarter of 2012.
CSR (Cambridge, U.K.) said it expects to save about $60 million per year as a result of these and other changes. The company expects to take a charge of about $10 million for restructuring by the end of the second quarter of 2012.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
|
||||||
Related News
Breaking News
- Cadence to Acquire Secure-IC, a Leader in Embedded Security IP
- Blue Cheetah Tapes Out Its High-Performance Chiplet Interconnect IP on Samsung Foundry SF4X
- Alphawave Semi to Lead Chiplet Innovation, Showcase Advanced Technologies at Chiplet Summit
- YorChip announces patent-pending Universal PHY for Open Chiplets
- PQShield announces participation in NEDO program to implement post-quantum cryptography across Japan
Most Popular
- Alphawave Semi to Lead Chiplet Innovation, Showcase Advanced Technologies at Chiplet Summit
- Altera Launches New Partner Program to Accelerate FPGA Solutions Development
- Electronic System Design Industry Posts $5.1 Billion in Revenue in Q3 2024, ESD Alliance Reports
- Breaking Ground in Post-Quantum Cryptography Real World Implementation Security Research
- YorChip announces patent-pending Universal PHY for Open Chiplets