NEW YORK-Intel Corp and five other wireless chip makers suffered downgrades from Merrill Lynch to sell from neutral.The other companies include Analog Devices Inc., Applied Micro Circuits Corp., Conexant Systems Inc., PMC-Sierra Inc. and Vitesse Semiconductor Corp.The investment bank wrote that the chipmakers' stocks...
SAN JOSE, Calif.-Intel corp. said it has opened a $2 billion expanded chip plant, called Fab 11X, in New Mexico to build microprocessors on 12-inch silicon wafers."As computing and communications devices converge, the need for increasingly complex components with more capabilities will grow," Intel...
PARIS, France-STMicroelectronics has denied press reports that his company is in possible merger talks with Motorola Inc. or any other major corporation. "We keep our eyes and ears open but we have a strong internal growth strategy, so we are not obliged to do...
TOKYO, Japan-Intel Corp. said it expects its Manitoba microchip to usher in an era of one-chip processor when the product launches in 2004.The company has been one of the top chip makers working on creating integrated products.
WHITE PLAINS, N.Y.-Sandbridge Technologies has made commercially available its new Sandblaster Baseband Processor, which uses software defined radio to enable multimode, multiplatform and multifunction wireless terminals.The company said its ultra-low power, re-configurable chip technology enables a single wireless communications device to support multiple wireless...
ARLINGTON, Ill.-Neither Motorola nor STMicroelectronics has confirmed press reports that both companies are in talks that could lead to Motorola's semiconductor division being sold to STMicroelectronics. Such a merger will make STMicroelectronics the second-largest chip company in the world."We don't comment on rumors," said...
Hitachi Ltd. and Mitsubishi Electric Corp. said they have decided to bring their semiconductor units together to form a new company called Renesas Technology Corp. The new company, which should begin operations in April, is intended to combine the system Large Scale Integration (LSI)...
CAMBRIDGE, United Kingdom-ARM Ltd. said it will collaborate with China-based Semiconductor Manufacturing International Corp. to develop an ARM7TDMI microprocessor core-based test chip for the Chinese company's 0.18 CMOS process."The ARM7TDMI test chip will enable local semiconductor houses to develop and validate products around ARM's...
SAN FRANCISCO, Calif.-Visa International has developed a chip-based card that will enable users to make payments without inserting or swiping their cards."Based on an international standard, ISO 14443, the new specification uses a chip embedded in a plastic card or an electronic device, such...
NEW YORK-The quarterly estimates of Texas Instruments Inc. and Micron Technology dropped in the eyes of two brokerage firms, Salomon Smith Barney and Bear Stearns respectively. Qualcomm Inc., however, enjoyed an AG Edwards upgrade to overweight from equal weight. Its shares bounced after it...
NEW YORK, N.Y.-Spirent Plc said it has acquired Ubinetics" CS100 product line and rights to associated intellectual property for $6.5 million in cash."The CS100 3G base station emulator product is used by leading mobile phone manufacturers and chip set developers for the test and...
GENEVA, Switzerland-STMicroelectronics said it will present at the Diskcon Exhibition in San Jose next week a new read/write chip called Leonardo that cuts consumption power on mobile phones."Building on the experience of previous generation read channels, Leonardo includes an interpolated timing recovery loop that...
IRVINE, Calif.-Broadcom Corp. said it has introduced its AirForce BCM4702 network processor chip and the WiFi-compliant BCM94702AP reference design platform to support next-generation wireless local area network technologies."Broadcom complete reference design package enables manufacturers to build high-performance wireless local area network access points and...
DALLAS-Texas Instruments Inc. says it has rolled out a chip known as TNET1100B, which uses less power in cellular phones and personal digital assistants.The chip focuses on Wi-Fi-based devices for home networking and other in-building activities, including hotels, campuses, cafes and airports. Shipping will...
NEW YORK-Canesta Inc recently made commercially available its Projection Keyboard original equipment manufacturer development toolkit to permit mobile device manufacturers to customize projection keyboard layout using the San Jose, Calif. company's chips."This will permit such products as smart phones, PDAs, tablet PCs or cell...
BERLIN, Germany-Siemens AG said its voting rights in chip maker Infineon have dropped to 25 percent, following the sale of 4.3 million shares of its pension fund on the stock market. Siemens decided to shed its stake in the semiconductor firm last year.
SANTA CLARA, Calif.-Personal digital assistant giant Palm Inc. reported solid earnings in line with investor expectations and company projections, evidence the company has reined in its costs and cash management.Palm reported revenue for the fourth quarter, ended May 31, of $233 million and a...
SANTA CLARA, Calif.-Personal digital assistant giant Palm Inc. reported solid earnings in line with investor expectations and company projections, evidence the company has reined in its costs and cash management.The company's stock dropped slightly at the start of trading after the news, but rose...
SAN DIEGO-CDMA proprietor Qualcomm Inc. said it expects to meet the high end of its third-quarter estimates both in earnings per share and phone chip shipments.The company had anticipated pro forma EPS of between 21 cents and 23 cents, while it forecast between 15...
OXFORD, United Kingdom—While the cost of integrating a camera into a cell phone is only US$10, silicon chip developer STMicroelectronics has complained that European terminal makers are resisting the move to multimedia messaging service (MMS). The company, which recently acquired the camera-on-a-chip pioneer Vision...
SAN DIEGO—Qualcomm Inc. said its second-quarter profits stood at $43.9 million, or 5 cents a share, amounting to a 60-percent drop. A year earlier, the company reported net income of $109.7 million, or 15 cents a share.The company attributed the fall to reduced patent...
SEOUL, Korea—Samsung Electronics Co. Ltd. reported $7.6 billion in total sales for the first quarter and $1.46 billion in profits, which marked a record 764-percent increase from the fourth quarter.Samsung reported $948.4 million in profits for first-quarter 2001.The company attributed the strong results to...
SAN BRUNO, Calif.—Broadband wireless company IPWireless Inc. announced it will partner with Flextronics Semiconductor to develop and manufacture the IPWireless System on a Chip (SoC)."The SoC design will open the door for mobile hardware manufacturers to integrate our technology into existing and future mobile...
FORT LAUDERDALE, Fla.—Sprint PCS signed an agreement with SportsLine.com Inc. to offer its Wireless Web subscribers up-to-the-minutes sports news and information."Sprint is clearly providing the type of valuable information our customers want," said Chip Novick, Sprint's vice president of consumer marketing.
