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Business 03 Mar 2015 | 12:00 AM

NXP to buy Freescale in US$40bil deal

NEW YORK: Chip maker NXP Semiconductors NV has agreed to buy smaller peer Freescale Semiconductor Ltd and merge operations in a deal valuing the combined company at over US$40bil.

Business 15 Jan 2010 | 12:00 AM

Intel 4Q profit climbs as PC market turns around

SANTA CLARA, California: Intel Corp. said Thursday its fourth-quarter profit ballooned as a strong rebound in the personal computer market overcame a hefty payment Intel made to its biggest rival.