Qualcomm Raises Offer to Buy NXP Semiconductors

US chipmaker Qualcomm raised its offer to buy NXP Semiconductors NV to $127.50 (roughly Rs. 8,265) per share on Tuesday, and said it now has the backing of the shareholder group led by Elliott Management that opposed the previous proposal. Qualcomm said it needs to buy a minimum 70 percent of NXP’s outstanding shares in a tender offer, instead of the 80 percent required in the earlier agreement. The latest offer values NXP at $44 billion (roughly Rs. 2.85 lakh crores). NXP’s shares were up 6.5 percent at $126.15 in premarket trading. The stock has…

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Apple CEO Tim Cook Gets $102 Million Payout in 2017 After Earnings Rebound, Must Fly by Private Aircraft

HIGHLIGHTS Cook’s incentive pay totalled $9.33 million The Apple CEO was paid $3.06 million in salary He also received an equity award of $89.2 million Apple CEO Tim Cook will now fly on private aircraft even for personal travel for “security and safety reasons”, a regulatory filing with the SEC reveals. Separately, his received a massive increase in his annual bonus, thanks to earnings rebound for the company. According to a new shareholder proxy statement from Apple, the board of directors has approved that Cook must fly on private aircraft whenever he travels,…

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Samsung Galaxy S9+ Tipped to Sport 3.5mm Headphone Jack

HIGHLIGHTS USB Type-C components suggests the phone will sport the 3.5mm jack The headphone is present in the Galaxy S8 and Galaxy Note 8 These are images of prototypes, final product is yet to be produced We are a day closer to the imminent launch of the Samsung Galaxy S9 series, and that means more leaks and rumours have surfaced on the Internet. Another such leak suggests that the Galaxy S9+ is expected to retain the 3.5mm headphone jack in 2018. This development comes after its supposed USB Type-C flex cable component was leaked.…

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Samsung Galaxy Note 8 Battery Doesn’t Charge After Reaching 0 Percent, Some Users Claim

HIGHLIGHTS The reported issue makes Samsung Galaxy Note 8 unresponsive Multiple users complained on Samsung Community Forums Samsung acknowledges the problem Several users have reported they aren’t able to charge their Samsung Galaxy Note 8 units once their battery reaches zero percent charge. The South Korean giant has acknowledged the issue and can be expected to provide warranty replacements. Last year, Samsung was in the headlines for a battery-related fire hazard on the Galaxy Note 7. The company even recalled that Galaxy Note model after reports of its explosions being surfaced worldwide. Reports of unresponsive Galaxy Note 8 have emerged on…

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Nokia 2 and Other HMD Global Phones Will Not Support Project Treble

HIGHLIGHTS Project Treble is not coming to current Nokia family Smartphones don’t have a separate Vendor implementation Absence of Project Treble support will have “no end-user impact” HMD Global has confirmed that Google’s Project Treble will not be a part of any currently available Nokia phones, including the most affordable Nokia 2 and the flagship Nokia 8. The project, which was announced back in May, enables faster Android updates by reducing the burden on device manufacturers. It is available as an architectural change on Android Oreo. Responding a large number of queries related to the arrival…

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Oppo Given Green Clearance to Set Up Manufacturing Unit in Noida

Chinese smartphone maker Oppo has been given green clearance to set up a mobile manufacturing unit in Greater Noida at a cost of Rs. 2,200 crores, a senior government official said. The Union Environment Ministry has granted the environment clearance to its Indian subsidiary Oppo Mobiles India Pvt Ltd for the proposed project. “The clearance has been given to the Oppo’s project after taking into account the views of an expert green panel. It is subject to compliance of certain conditions,” the government official said. The environment clearance certificate has already been…

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