The world's largest chip maker, Intel Corp., said it plans to invest billions to help ease a global shortage of flash memory chips used in mobile phones.Intel said about 45 percent of its first billion flash memory chips were sold to cellular-device makers and...
Bad news hit the cdmaOne community last week as the South Korean government put a stop to cdmaOne handset subsidies and uncertainty lingered about China Unicom's plans to deploy the technology.Though technology stocks across the board took a hit last week, Qualcomm Inc.'s stock...
WASHINGTON-The House Judiciary Committee last week passed legislation to simplify taxation of mobile telephone calls by local and state authorities, setting the stage for the Republican House leadership to resolve a nasty jurisdictional dispute over the bill.The turf fight between the Judiciary Committee and...
WASHINGTON-Popular bipartisan legislation to simplify mobile-phone taxation by state and local authorities ran into trouble last week when a nasty turf fight erupted between the House Commerce Committee and the House Judiciary Committee.On a related front, the top ranking Democrat on the House Commerce...
WASHINGTON-The cellular industry and leaders of state and local government groups took to the road last week with their efforts to pass legislation to mandate that wireless subscribers be taxed based on a single address.This time, they took their message before the House Judiciary...
SAN DIEGO-Qualcomm Inc. reported company revenue fell slightly in the second quarter, to $727.7 million, compared with $932.4 million for the same period in 1999.Even with the loss of revenue, Qualcomm reported company net income increased from a loss of $42.6 million during the...
NEW YORK-Because of their relative scarcity, augmented by their growth history and potential, wireless carriers seeking financing enjoy elevated status in the eyes of investors, even in volatile capital markets.Good timing still matters, particularly since the trickle of initial public offerings in this sector...
WASHINGTON-Accenting its message with pastel-colored beanbag mobile phones, the Cellular Telecommunications Industry Association told Capitol Hill last week that competition is king.The trade association again delivered a set of nine stuffed phones-representing the number of potential wireless licensees in a market-to members of Congress,...
WASHINGTON-What to do with the often confusing tax structures of both mobile phones and the Internet collided in back-to-back hearings by the House telecom subcommittee on Thursday.The collision occurred because Internet taxation has been met with a divided commission report and mobile-phone taxation has...
SAN JOSE, Calif.-According to the Semiconductor Industry Association, worldwide sales of semiconductors totaled $14.5 billion in February, an increase from $10.9 billion during the same period last year.Asia Pacific and Japan led all regions with 45.4-percent and 42.5-percent growth respectively. The European market saw...
NEW YORK-New York City's Silicon Alley has spawned MobileSpring Inc., an incubator for developing companies that deploy Web-based services to mobile communications devices.Mark Caron, president and chief executive officer of MobileSpring, was a co-founder of Omnipoint Communications.i-Hatch Ventures, a New York City venture-capital firm...
That's why Bill Clinton is president. Last Tuesday, in harmony with Brit counterpart Tony Blair, Clinton accomplished something even the Great Greenspan couldn't pull off. The Big Guy managed to cool the red-hot U.S. economy by blowing up the tech-heavy Nasdaq. Now there's leadership...
WASHINGTON-House telecommunications subcommittee Chairman Billy Tauzin (R-La.), backed by several key Democrats, last week unveiled draft legislation to rein in merger review practices of the Federal Communications Commission.The draft bill, drawing on separate bills by Reps. Chip Pickering (R-Miss.) and Richard Burr (R-N.C.), comes...
The United States and European Union negotiated a compromise on data privacy that could pave the way for a final deal this summer. An agreement on data privacy is key to future transatlantic business, including that involving wireless telecom trade.Scott Cleland, a telecom analyst...
SigmaOneSigmaOne Communications Corp., a provider of location systems and services for wireless carriers and the wireless Internet, reported the development of the company's wireless location system for Global System for Mobile communications carriers in the United States and Europe. Designed to operate as either...
WASHINGTON-House telecommunications subcommittee Chairman Billy Tauzin (R-La.) intends to unveil legislation shortly that is expected to go far beyond last week's proposal by the Federal Communications Commission to streamline its merger-review process."Clearly, it's (the FCC proposal) a pre-emptive strike," said Ken Johnson, Tauzin's press...
IBM and AT&T announced an alliance to offer wireless data services to their business customers. Financial terms of the partnership were not disclosed. The companies said they expected significant opportunities for wireless services linking corporate information systems with a wide range of portable computer...
HANOVER, Germany-Alcatel announced its single-chip Bluetooth solution, which brings all functions, including radio-frequency, base-band, processor, memory, antenna and filtering devices into a single die package."We have taken a hard look at the Bluetooth spec and have chosen not only to implement the mandatory features,...
DALLAS-Specialty manufacturer Dallas Semiconductor Corp. announced its latest battery-management chip, which significantly reduces the size and cost of battery electronics.According to the company, the DS2438 Smart Battery Monitor makes battery-management features formerly relegated to high-end systems cost-effective for a variety of portable products. The...
SAN FRANCISCO-Nokia and Visa International signed a global agreement to cooperate on the development of payment solutions for mobile electronic commerce.The deal calls for the companies to develop ways in which financial institutions and mobile phone operators can offer secure payment services to their...
NEW YORK-Qualcomm's meteoric stock price appreciation in 1999 may well be a unique phenomenon that other companies are unlikely to replicate.Nonetheless, other established and new telecommunications players seem poised to offer substantial returns on investment, J. Michael Gallipo, portfolio manager of Monument Telecommunications Fund,...
SAN DIEGO-Qualcomm Inc. announced it shipped on time chip samples and system software for the MSM5000 Mobile Station Modem.The company said this product is the world's first third-generation 1x MultiCarrier solution for Code Division Multiple Access handsets that is compliant with the 3G standard...
Qualcomm Inc. shares dropped 16 percent last Wednesday after the cdmaOne innovator warned of slower chip sales this quarter.This warning eclipsed Qualcomm's higher-than-expected first fiscal quarter earnings. Merrill Lynch cut its near-term rating to "neutral" from "accumulate." Salomon Smith Barney lowered its rating from...
NEW YORK-Smart cards must overcome a chicken-and-egg problem before they can expand their use in wireless devices beyond their established role as subscriber identification modules in Global System for Mobile communications products.The vision for smart cards is that they will become the tiny pocket...