Indeshaw Adenaw

Intel, the chip-making giant, said it will spend more than $5 billion to build a new chip manufacturing facility at its site in Chandler, Ariz. Construction of the new factory, to be designated Fab 42, is expected to begin around mid-year, with completion scheduled for 2013. “The investment positions our manufacturing network for future growth,” …

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Growth from Google’s Android and Apple’s iPhone helped spur worldwide smartphone shipments to rise 74.4% in 2010, to 302.6 million units, according to a report from market research firm IDC. In the fourth quarter, vendors shipped 100.9 million smartphones, up 87.2% from the 53.9 million shipped during the fourth quarter of 2009. Market leader Nokia’s share of the …

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QED Connect, a holding company that acquires and invests in businesses in multiple industries, announced on Tuesday it will acquire Sonasoft, a privately held, San Jose-based company that offers emailing archiving software for small to medium size businesses. Sonasoft’s applications provide backup, disaster recovery, replication, and archiving, and can support litigation and electronic discovery operations. …

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NeoPhotonics, a San Jose-based maker of photonic integrated circuits used in high-speed communications networks, saw its stock rise upwards of 30% by Wednesday afternoon after the company raised $82.5 million in its initial public offering. The company priced 7.5 million shares at $11 each — the high end of its expected price range. The company’s …

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Global semiconductor sales reached a record $298.3 billion in 2010, up nearly 32% from the prior year, according to new figures released by theSemiconductor Industry Association (SIA). “The year-over-year growth is due in part to the increased use of semiconductor technology in a wider range of electronic devices that we have come to enjoy in …

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Shares of San Mateo-based Epocrates soared 35% by late Wednesday after the developer of mobile drug reference tools and interactive services used by the healthcare industry raised $85.8 million in its initial public offering. The company sold 5.4 million shares for $16 each — higher than its expected price range of $13-$15. The company is trading …

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Mark Zuckerberg, who founded the online social network Facebookwhile an undergraduate at Harvard, has been named Time magazine’s 2010 Person of the Year. Editors of the publication said they chose the 26-year-old “for connecting more than half a billion people and mapping the social relations among them; for creating a new system of exchanging information; and for changing …

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Google has come up empty in its multi-billion dollar bid to acquire Chicago-based group buying service Groupon, The Wall Street Journal reported. Citing a person familiar with the matter, the Journal reported that the two companies broke off talks on Friday, after Groupon’s board of directors was unable to reach a consensus. All Things D earlier …

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Following a record-breaking day for online sales on Cyber Monday, e-commerce spending has begun to level off a bit, according to new figures fromcomScore. After jumping 16% on Monday — a day that saw online sales top $1 billion for the first time ever — growth from a year ago has returned to more modest …

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