#<p><img class="alignleft size-medium wp-image-10632" alt="Cypress_Contactus" src="http://channeleye.co.uk/wp-content/uploads/2014/12/Cypress_Contactus-360x240.jpg" width="360" height="240" />Cypress Semiconductor has written a $1.59 billion cheque to buy Spansion creating a chipmaker with more than $2 billion in annual revenue.</p>
<p>The big idea is to help make its weakness in the mobile market go away.</p>
<p>Cypress, which makes programmable and memory chips, has fallen for the past two years, while Samsung Electronics contribution to its revenue has increased. <a href="http://channeleye.co.uk/cypress-in-spansion-expansion/" class="read_more">more&#187;</a></p><div class="feedflare">
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