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.
To read the full article, click here
Related Semiconductor IP
- Bluetooth Low Energy 6.0 Digital IP
- Ultra-low power high dynamic range image sensor
- Flash Memory LDPC Decoder IP Core
- SLM Signal Integrity Monitor
- Digital PUF IP
Related News
- CSR Plc Announces Merger with Zoran Corporation
- CSR plc and Zoran Corporation agree to revised terms for proposed transaction creating a global leader in connectivity, location, imaging and audio
- Zoran Urges Stockholders to Vote "FOR" the CSR Merger
- Zoran Stockholders Approve CSR Merger
Latest News
- Intel facing another crossroads: 18A or 14A process node
- Creonic Successfully Renewed its ISO 9001:2015 Certification
- Silvaco Strengthens Leadership Team with Three Industry Veterans to Drive Innovation and Growth
- JFE Shoji Electronics Signs Sales Agent Agreement with Andes Technology
- Mixel Supports Automotive SerDes Alliance (ASA) Motion Link SerDes IP