Other than worries among chipmakers over Cisco System Inc.'s quarterly earnings, the sector continues to purr with good news. However, some analysts caution against overheating with inventory overload.Chipmakers that supply Cisco products suffered slides in their stock prices when Cisco announced double-digit profits that...
SCHAUMBURG, Ill.-Motorola Inc. said it has raised up to $316 million from selling shares in chipmakers Broadcom Corp. and Semiconductor Manufacturing International Corp.Motorola will spin off its chip business, which is named Freescale Semiconductors Inc., later this year.The vendor raised $216 million by selling...
In what amounts to a market blitz, Qualcomm Inc. unveiled a series of chipsets covering the CDMA, GSM and W-CDMA technologies.The U.S. supplier made two announcements regarding the first phase of W-CDMA technology known as High Speed Downlink Packet Access. The company rolled out...
BRUSSELS, Belgium-The European Commission published a consultation paper on "electronic money" for use with mobile phones and whether changes are needed to the E-Money Directive and how it applies to mobile-phone operators. The consultation addresses the issue of applying electronic money to prepaid phone...
DALLAS-Now a wholly owned subsidiary of Motorola Inc., Freescale Semiconductor has made a series of chip announcements covering areas such as voice over Internet Protocol and system on a chip.The company said it has extended its PowerQUICC processor-based VOIP solutions known as the MSC11x...
New York attorney general Eliot Spitzer sent a letter to Federal Communications Commission Chairman Michael Powell expressing concern that the pending Consensus Plan in front of the commission that calls for a rebanding of spectrum in the 800 MHz spectrum band in an attempt...
With bigger net incomes and increasing orders, wireless vendors blossomed with more optimism and richer cash flows than a year ago, signaling what industry watchers see as better times ahead.However, stock-market gains remain modest.L.M. Ericsson edged out market expectations in its fiscal first-quarter results...
RICHMOND, Va.-Infineon Technologies AG said it plans to spend $1 billion to build a chip plant here, a move that stokes anxiety that it could create market glut.However, the move also negates a trend of companies moving jobs to Asia. It will increase employees...
WASHINGTON-China scrapped plans to implement its controversial Wi-Fi encryption standard and agreed not to mandate a home-grown third-generation mobile-phone technology, concessions made to Bush administration officials amid rising election-year tensions over the U.S. trade deficit with China, China's fixed currency and outsourcing of American...
Motorola Inc. announced its first-quarter results to market enthusiasm, generating its best stock momentum in three years.Its shares rose $3.11 to $19.33, representing a 20-percent leap.The vendor reported net earnings of $609 million, or 25 cents per share, in contrast with the same period...
SAN DIEGO-Applied Micro Circuits Corp. said it has signed an agreement to acquire a chip unit of IBM Corp. for approximately $227 million.The deal covers intellectual property and a portfolio of assets associated with IBM's 400 series of embedded PowerPC standard products, as well...
If Motorola Inc.'s position as the No. 2 handset maker has remained tenuous during the past two years, the company just lost that same spot in another space in the semiconductor world-digital signal processors. DSPs process voice and video signals in the baseband of...
WASHINGTON-The Bush administration last week identified exclusionary wireless standards and high mobile-phone interconnection fees as barriers to telecom trade in a new report, and did not rule out bringing complaints against China and South Korea at the World Trade Organization if disputes over standards...
Amid predictions of the largest year ever for the mobile-phone industry, market leader Nokia Corp. stunned investors with news that its first-quarter revenues will clock in below expectations due to poor mobile-phone sales. The company's stock dropped almost 20 percent following the announcement, leveling...
WASHINGTON-Legislation has been introduced that would classify voice over Internet Protocol as an information service, releasing it from telecommunications regulation. "VoIP-technology that enables efficient, cost-effective delivery of voice communications over Internet broadband networks-is at a critical stage in its development, but its potential to...
GREENSBORO, N.C.-Mobile-phone chipmaker RF Micro Devices Inc. said its revenues for the quarter will come in at the high end of its expectations of between $152 million and $163 million. The company said it is experiencing strong customer demand and anticipates increasing sales in...
HELSINKI, Finland-Mobile handset leader Nokia Corp. stunned investors with news that its first-quarter revenues will clock in below expectations due to poor mobile-phone sales. The company's stock dropped almost 20 percent following the news to about $17.33 per share."The overall Nokia sales were negatively...
On both technology and adoption fronts, EDGE technology is forging ahead. While the protocol contends with handset challenges, the Global Mobile Suppliers Association puts the number of network operators that have announced EDGE commitments at 76 in 50 countries. However, only 14 networks are...
Although Aura Communications Inc. executives maintain that the company's technology is merely an ancillary part of the massive wireless industry, the potential of the company's offerings is certainly noteworthy.Founded in 1995, Aura is a fabless semiconductor vendor. The company sells chips to electronics manufacturers...
FRANKFURT, Germany-As the mobile-phone sales increase, the world's chipmakers continue to look to take advantage of the market opportunity.For example, Fujitsu Microelectronics Europe released its new Mobile Media Processors, which the company said incorporate MPEG-4 and JPEG hardware encoding and decoding functionality. The chips...
TEMPE, Ariz.-In spite of price declines, wireless local area networks chip market witnessed a 176-percent growth in 2003 with Broadcom Inc. as the big winner in revenues, according to a study released by Forward Concepts.The report said prices fell 40 percent last year, and...
Atlanta-Qualcomm Inc. made several announcements at the CTIA Wireless 2004 show in Atlanta including an extensive agreement with ATI Technologies Inc. to deliver a wireless 3D gaming platform. Qualcomm's Mobile Station Modem baseband solutions will include ATI's IMAGEON architecture to provide a 3D...
ATLANTA-UTStarcom Inc. said it has entered an agreement to acquire the intellectual property portfolio of Hyundai Syscomm for between $12 million and $15 million in cash.Terms of the deal call for UTStarcom to acquire the product portfolio, intellectual property-including about 2900 Korean, U.S. and...
ATLANTA-Wireless application and technology company Air2Web announced it acquired European wireless software company Wokup SA. Terms of the deal were not disclosed."We are very excited about the merger with Wokup," said Sanjoy Malik, Air2Web's president and chief executive officer. "Air2Web is already providing significant...
