WITH A LARGELY CONFIDENTIAL SETTLEMENT signed, sealed and delivered by Nokia Corp. and Qualcomm Inc. last week, arguably the most significant stand-off in the wireless industry has been resolved. But when two of the most influential competitors in the business snuggle up for a...
Handset vendors' second-quarter earnings are expected to be ho-hum, based on a global lull in new product launches during the quarter. As usual, however, analysts will carefully parse the language used by leading vendors - most prominently, Nokia Corp. - to describe their outlook...
Huawei Technologies Co. has five interested suitors seeking a stake in the Chinese telecom company's handset division, according to today's Wall Street Journal. The nearly instant ardor for Huawei leaves investor-hungry Motorola Inc. looking like a wallflower at a school dance.The bids, made last...
Nokia Corp. posted strong results for the typically tepid first quarter, but its stock dipped 14% in midday trading after the company said that the handset market's overall value, in Euro terms, would decline from last year.Nokia reported revenue of $20.2 billion in the...
Don't get too excited. That's the basic message from Nokia Corp. and Qualcomm Inc. - yes, one thing they can agree on - which have famously been jousting to defend the honor of their business models, patent portfolios and the damsel in distress, the...
Mobile phone design efforts over the past two years appear to have taken the handset as far as it will go, for now, if the handsets coming out of the Mobile World Congress in Barcelona, Spain, are any indication.The forefront of innovation today is...
The Mobile World Congress in Barcelona is home turf to Nokia Corp. and it used the platform today to reiterate its pursuit of the converged space by unveiling the N96, a 16 gigabyte refresh to its popular N95. Despite its 40% global market share...
Change is coming swiftly at Motorola Inc., fueling further speculation on the company's direction. CEO Greg Brown apparently told employees Friday in an internal memo that he personally will take charge of the company's ailing handset business. Brown's internal memo, reported first by...
Motorola Inc. remains in the doldrums as its handset division -- formerly the engine of the company's revenue and earnings -- posted a huge loss in the fourth quarter of 2007. The company forecast more pain for the ongoing first quarter.Motorola's recovery in the...
Both Nokia Corp.'s and Qualcomm Inc.'s stocks were down a few percent each on news that the United States International Trade Commission had rebuffed Qualcomm on its complaint that Nokia infringed on three Qualcomm patents regarding GSM technology.The two parties are in arbitration, under...
It appears Nokia Corp. has learned a few lessons from its doomed Club Nokia mobile content business. But that doesn't mean the direct-to-consumer waters are getting any easier to navigate.The world's No. 1 handset manufacturer last week scored a huge win, inking a deal...
As the pace of convergence quickens, Nokia Corp. cut a deal with wireless telecom giant Vodafone Group plc to integrate mutual service offerings designed to grab eyes, ears and wallets-as competitors from within and without the wireless industry rapidly move in with similar treats.Vodafone-one...
YOU CAN'T HAVE A HOLIDAY PARTY without a potent punch bowl for all comers.The news from last week: Some of the latest models of 3G handsets will indeed appear in the United States in time for the retail party just getting under way.Specifically, the...
Qualcomm Inc. can exhale now, and so can a number of its key customers. Holiday sales of imported 3G phones that had been banned by a federal agency can proceed. A ban on the importation of new 3G handsets containing Qualcomm chips will be...
WHEN A BEHEMOTH SHAKES ITS TAIL, some rise, some fall. The behemoth benefits.That appears to be the upshot of Nokia Corp.'s announcement last week that it had selected four main chipset suppliers for future business. The move boosted some fortunes and cast off others,...
Motorola Inc. said it would cut 4,000 more jobs in the coming year, on top of 3,500 job cuts to be completed by next month. The reduced headcount at the world's No. 2 handset vendor is part of a $1 billion restructuring the...
Longtime VeriSign Inc. chief Stratton Sclavos stepped down as the company's internal investigation into stock-options grants is nearing its end. The Mountain View, Calif., company declined to offer reasons for the departure of Sclavos, who joined VeriSign 12 years ago. But the firm said...
Motorola Inc. said yesterday that it would cut 4,000 more jobs in the coming year, on top of 3,500 job cuts to be completed by next month. The reduced headcount at the world's No. 2 handset vendor is part of an overall $1 billion...
The global trend toward 3G technologies will lift Qualcomm Inc.'s earnings and stock value over the coming years-despite the company's ongoing dispute with Nokia Corp., according to American Technology Research. Over the next three years, W-CDMA will replace GSM in two-thirds of wireless networks...
In Hollywood, sequels sometimes do well at the box office. But the record is mixed, leading one to conclude that sequels are typically perceived as safer bets than utterly new, original material-whether or not that's true.This observation can be applied to the realm of...
In the year-and-a-half since Sprint Corp. closed on its acquisition of Nextel Communications Inc., a company that once looked like a valuable asset has proved difficult to integrate. The loyal, high-average revenue per user Nextel customers that the company once generated like clockwork have...
Carl Icahn wants a seat on the board of directors at Motorola Inc., the company acknowledged in a statement.Icahn and business interests he controls own more than 33 million shares of Motorola stock, about 1.4 percent of the company's outstanding shares, according to media...
The late chess grandmaster Edward Schuyler Jackson used to regale anyone who would listen with stories, stories with a point. One featured a Wall Street tycoon berating a young business school graduate trying to make an impression. Impatient with the neophyte's earnest display of...
Texas Instruments Inc. reported modest gains in the fourth quarter-revenue up 4 percent, profit up 2 percent over the year-ago quarter-but it will cut 500 jobs as it prepares to hunker down for a period of weak chip demand by the mobile phone industry....
