NEW YORK-TTP Communications said it suffered a pre-tax loss of between $5 million and $5.5 million for the six months to Sept. 30. In the same period last year, the company recorded a profit of $3 million.The software and chip design company, whose shares...
SAN DIEGO-Samsung Electronics said it will work with chip maker Staccato Communications to develop ultra-wideband products, a short-range technology with a data-transfer rate of up to 480 megabits per second.The standards for this broadband technology have yet to be approved, but companies have started...
Instilling further proof of their strong partnership Verizon Wireless and minority interest parent company Vodafone Group plc reported plans to develop a dual-branded "Verizon Vodafone" laptop data card service designed for business customers who travel between the United States and Europe.The companies said the...
SAN JOSE, Calif.-A class-action lawsuit filed against chip maker Intel Corp. has been dismissed on grounds of insufficient proof.U.S. District Judge Jeremy Fogel said the plaintiffs could not demonstrate that the company misled investors about Intel products or revenues in the third quarter of...
SCHAUMBURG, Ill-For the first time since 1959 when it built its first chip plant, Motorola Inc. has lost its place among the elite chip makers, dropping out of the top 10, according to an IC Insights report on the space."Motorola has been a fixture...
DALLAS-An upswing in the wireless semiconductor sector has helped Texas Instruments beat expectations in its second-quarter results with earnings of $121 million, or 7 cents per share.The earnings amount to an increase from $95 million, or 5 cents a share, a year earlier."We did...
AMSTERDAM, The Netherlands-Philips Electronics beat market expectations in its second-quarter results by posting a net profit of $47.5 million, in spite of the ravages of the SARS epidemic and a weak consumer market.The market anticipated a net loss of $75.7 million."Focus on costs and...
TOKYO AND DALLAS-Underlining industry optimism about a rebound in the chip sector, companies are staking out their product positions with a view to differentiating themselves.Intersil Corp. introduced three 1.4 GHz current feedback amplifiers for high-speed video, test and instrumentation and other high-frequency applications."When combined...
WASHINGTON-It is back to square one in the search for the next president of the Cellular Telecommunications & Internet Association. Rep. Chip Pickering (R-Miss.) turned down the job last week."It was the hardest professional decision that I have ever had to make," Pickering told...
WASHINGTON-Rep. Chip Pickering (R-Miss.) has dropped out of the running to head the Cellular Telecommunications & Internet Association. "This past week, my family and I did feel an obligation to have a serious discussion about my having the opportunity to lead the Cellular Telecommunications...
DALLAS-Texas Instruments Inc. said it plans to build a $3 billion semiconductor plant in Richardson, Texas, that promises to be the largest private-sector development in Texas history and an indication of the emerging recovery in the chip sector. "We stand to gain from the...
Catfish are jumpin'! Seems that Korn Ferry-a high falutin' company that puts folks in high-paying jobs in big cities-has Rep. Chip Pickering (R-Miss.) on the line for the top spot at the Cellular Telecommunications & Internet Association. How ya' like that.On paper, Pickering, who...
WASHINGTON-Rep. Chip Pickering (R-Miss.) confirmed to RCR Wireless News he is being considered for the top job at the Cellular Telecommunications & Internet Association, but it is unclear whether the 39-year-old Mississippi lawmaker is the trade group's first choice to lead the $80...
The quest for wireless open standards will advance to the home networking arena as 17 major companies, both wired and wireless, have formed an alliance to simplify sharing of digital content among cell phones, personal digital assistants, consumer electronics and other devices. The group...
WASHINGTON-Rep. Chip Pickering (R-Miss.) confirmed to RCR Wireless News Wednesday that he is under consideration for the top job at the Cellular Telecommunications & Internet Association, and his statement leaves one to wonder whether he is the first choice for the job."I am under...
REDWOOD SHORES, Calif.-The wireless messaging and e-mail market continues its race toward consolidation with news of two new funding and acquisition deals, including a massive $50 million investment in wireless e-mail company Visto Corp.Visto said it extended its recent round of private equity financing...
AMSTERDAM-In Europe, Bluetooth technology will outpace wireless local area network hot spots by 2008, according to a new report from Forrester Research."We believe that much of the money being poured into public WLAN today to enable access-from places as diverse as bars, marinas, hotels...
Motorola Inc. and Nokia Corp. revealed early last week that their second-quarter report cards would be less than stellar. Add Texas Instruments to the list.All three companies offered common excuses-a soft economy and the SARS epidemic. Their lowered forecasts underlined the importance of China...
The Bluetooth industry is set to welcome the latest standard for the short-range wireless networking technology as the Bluetooth Special Interest Group is expected to introduce the 1.2 specification this week at the third annual Bluetooth World Congress in the Netherlands. Unlike the...
SAN FRANCISCO-Semiconductor giant Texas Instruments Inc. has reduced its second-quarter sales forecast to a 5-percent rise instead of 7 percent, with a total restructuring charge of $55 million instead of $40 million.The chip maker now projects sales of $2.19 million in the quarter with...
Sun Microsystems Inc. today announced a new partnership with chip maker Intel Corp. as well as new plans to sell wireless application services to businesses, all parts of an effort to continue the expansion of the company's Java 2 Micro Edition technology in wireless.The...
SAN JOSE, Calif.-Intel Corp.'s stock jumped on the company's announcement that it narrowed its sales estimates for the second quarter owing to improved demand.The company, which serves as the bellwether of semiconductor companies, said it expects revenues to stand between $6.6 billion and $6.8...
ALLENTOWN, Pa.-Agere Systems Inc. unveiled a custom chip that combines eight ARM966E processor cores, making it four times more powerful than typical chips, as well as reducing cost and improving time to market. The company credited its system-level expertise, broad IP and leading design...
The evolution of the wireless local area network industry has been so dramatic that it seems almost a certainty that mobile-phone makers will include WLAN technology in future wireless devices.Indeed, all the major mobile-phone chip makers have announced plans to include 802.11 technology in...
