Nokia Corp. responded to Qualcomm Inc.'s April 2 lawsuit filed in Wisconsin, disputing the latter's allegation of patent infringement, and charging the chip vendor with violating six Nokia patents. Nokia's action capped six weeks of relative quiet in the closely watched tug-of-war between the...
Qualcomm Ventures will make $135 million available to innovative European companies working on W-CDMA advances.The San Diego-based chip vendor said its move into Europe is to foster development among small- and medium-sized companies focusing on applications, platform software, handset components and network infrastructure. Qualcomm...
Video-compression technology vendor On2 Technologies Inc. announced it acquired Finland-based Hantro Products Oy, a firm that sells video software to cellphone makers. On2 will pay around $58.5 million for the company, although the number is dependent on a variety of factors, including On2's stock...
In what might be billed as "The Natural History of a Startup," tiny, San Diego-based Sequoia Communications is making the rounds, hoping to lure W-CDMA baseband chip vendors into using its newly minted transceiver chip. Sequoia, with 50 employees today and funding through 2008,...
AT&TEd Whitacre announced that he will retire as CEO and chairman of the board at AT&T Inc. effective June 3. The 65-year-old executive is the longest-serving CEO in the telecommunications industry, having served as chairman and CEO of Southwestern Bell since 1990. When...
Motorola Inc. said it hired a platform technology guru for its mobile devices business, a pragmatic move that reflects the ailing handset giant's efforts to revive its fortunes-albeit one that will take precious time to be felt in the market.Whether that news actually reaches...
Qualcomm Inc. yesterday reported that revenue and profit in its fiscal second quarter were both up more than 20 percent over the year-ago quarter and raised its forecast for third-quarter revenue. The San Diego-based chipmaker and technology-licensing firm posted revenue of $2.22 billion, an...
Texas Instruments Inc. reported revenue of $3.2 billion and net profit of $516 million, down 4 percent and nearly 12 percent, respectively, over the year-ago quarter. The chip vendor said that revenue was impacted by an inventory correction in the market. "We believe the...
Rep. Chip Pickering (R-Miss.) plans to offer a bill mandating a federal standard for interoperable public-safety communications if one cannot be achieved voluntarily. But emerging technological solutions appear to be altering the broader debate over first-responder spectrum and interoperability and disrupting the competitive landscape...
Motorola Inc. said its ailing mobile-phone business is faring worse than the company had expected, and as a result the world's No. 2 handset vendor will post a loss for the first quarter. In order to reverse the situation, Motorola's Ed Zander announced an...
Nokia Corp. is asking European courts to declare Qualcomm Inc.'s patents in Europe "exhausted," freeing the Finnish mobile phone maker to sell handsets in Europe containing chips by Texas Instruments Inc. on which Nokia otherwise would owe royalties to Qualcomm.Nokia cited a patent portfolio...
Qualcomm Inc.'s prospects for quarterly revenue and earnings due in April have brightened, while Texas Instruments Inc.'s forecast lacked luster. Although both companies' forecasts pertain to the current quarter only, analysts said the outlook for the rest of the year may look somewhat similar...
Qualcomm Inc. remains positive about its business prospects this quarter, even as it girds for an unprecedented procession of litigation. The chip maker is scheduled to appear in court in late March and regularly through the fall, reflecting battles with rivals and customers over...
In a routine update of its business outlook for the first quarter, Texas Instruments Inc. narrowed its expected revenue and earnings per share ranges. Investors may have expected a more bullish forecast due to improved outlooks by TI's competitors, however; TI's stock fell 49...
Want to invest like Verizon? Like any smart investor, Verizon Communications Inc. has its pension fund invested in a diverse array of stocks, from the Cheesecake Factory to Northrop Grumman Corp. The company's $40-plus billion pension portfolio includes hundreds of companies. The Verizon Investment...
The ripples are still making their way across the lake in the wake of Cingular Wireless L.L.C.'s surprise announcement that it will offer mobile broadcast TV through Qualcomm Inc.'s MediaFLO USA Inc. network. The nation's largest wireless carrier somewhat stole the thunder from its...
At the 3GSM World Congress, as at other major industry confabs, there are gadgets galore. And then there are the market-based strategies and financial plans behind them. Attempting to translate one into the other-reading the gadgets' features for clues to a vendor's strategies or...
Having doubled the money it sets aside for legal issues-from $100 million last year to $200 million for the year ahead-Qualcomm Inc. announced that it will hire Carol Lam, the former U.S. Attorney for the Southern District of California.Lam will serve as a senior...
Texas Instruments Inc., established in 1930 to develop oil exploration technology, has grown into a predominantly wireless-based powerhouse with $14.3 billion in annual revenue last year. Its main customer for its digital signal processors is Nokia Corp., the world's largest cellphone vendor. By revenue,...
After declaring a strategy of diversity in semiconductor suppliers and signing deals with Texas Instruments Inc. and Qualcomm Inc. for W-CDMA and other chips, Motorola Inc. declared yesterday that it still cherishes its relationship with its spinoff, Freescale Semiconductor.If in fact the two companies,...
German chip maker Infineon Technologies AG crowed yesterday that it will supply Nokia Corp. with baseband and RF chips for the handset vendor's entry-level phones in GSM markets.Details of the deal were not disclosed, so the relative impact of the move to Texas Instruments...
Hello! And welcome to our Thursday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCR Wireless News the chance to rant and rave about whatever rubs...
Beceem Communications, a WiMAX chipset vendor, announced it raised more than $40 million in its latest round of venture financing to expand on its position in the mobile WiMAX market.The WiMAX chip manufacturer said the investment will largely be used to develop and launch...
Motorola Inc.'s recent, sobering earnings report came with a number of explanations of how the American vendor would turn things around. Motorola executives mentioned, among several factors, their portfolio mix-and the role of 3G in a higher-average selling price, higher-margin mix of handsets. Ed...
