SEOUL-Samsung Electronics Co. Ltd. posted increasing revenues, but the company's profit line took a hit due to a $300 million fine the U.S. Department of Justice levied against the company for international price fixing. The Justice Department said the fine is the second-largest antitrust...
SEOUL-Samsung Electronics Co. Ltd. posted increasing revenues, but the company's profit line took a hit due to a $300 million fine the U.S. Department of Justice levied against the company for international price fixing.The Justice Department said the fine is the second largest antitrust...
MUNICH, Germany-Infineon Technologies AG announced sample availability of its first reference design for low-cost handsets.The company said costs for GSM handsets with short message service functionality could be cut in half, to below $20, using its new ULC reference platform that is based on...
LONG BEACH, Calif.-Infineon Technologies AG announced sample availability of its CMOS single-chip radio-frequency transceiver for UMTS applications. The SMARTi 3G supports six frequency bands designated for UMTS worldwide. In addition, SMARTi 3G complies with category 8 of the HSDPA specification with up to 7.2...
Following is a list of debt and credit upgrades and downgrades for wireless companies by financial and investment firms this week.Merrill Lynch upgraded its rating on Freescale Semiconductor from neutral to buy, saying the company is improving its margins even though revenue growth is...
Following is a roundup of wireless industry companies that were either upgraded or downgraded this week by financial investment and analyst firms.UBS upgraded Qualcomm Inc. to buy from neutral on solid growth estimates for W-CDMA technology based on favorable handset pricing and form factor,...
Two chipmakers are either selling or mulling selling part of their wireless businesses, while another company is selling its shares in a semiconductor firm. RF Micro Devices Inc. said it is doing away with its wireless local area network chip business in a move...
Two chipmakers are either selling or mulling selling part of their wireless businesses, while another company is selling its shares in a semiconductor firm.RF Micro Devices Inc. said it is doing away with its wireless local area network chip business in a move that...
NEW YORK-Deutsche Bank raised its rating on Infineon from "sell" to "buy" Thursday following news that the company plans to restructure its chip manufacturing organization, including phasing out manufacturing at its Munich Perlach plant in Germany.
SEOUL, South Korea-Four companies have announced what they describe as the world's first UMTS/EDGE smart-phone reference design based on the Linux operating system. The companies include Infineon Technologies Inc., Samsung Electronics Co. Ltd., Trolltech and Emuzed."The reference platform showcases many advanced 3G and multimedia...
WASHINGTON-On Wednesday, the Government Printing Office awarded contracts to four additional companies for testing electronic passports that use radio-frequency identification technology.On Track Innovations Ltd. said its U.S. subsidiary won one of the contracts. OTI is based in Israel."We are very pleased that the GPO...
MUNICH, Germany-Infineon Technologies AG and the Volkswagen Group announced they have developed a platform concept for wireless location-based information services for vehicles.The platform, dubbed the "Basic Telematics Unit," uses Bluetooth technology to route information from the subscriber identity module card in a driver's mobile...
FRANKFURT, Germany-German chipmaker Infineon AG had a loss of $69 million, or 8 cents per share, owing to the high cost of dealing with price-fixing investigations.The money set aside for the probe has risen to $262 million."In accordance with U.S. GAAP, Infineon records liabilities,...
While waiting to pry loose of Motorola Inc. later this year, Freescale Semiconductor Inc. will be walking the path of other companies like Agere Systems Inc. and Infineon Technologies Inc., which were previously parts of bigger behemoths.These three companies want to exercise the same...
BERLIN-Technology giant Siemens AG reported net income increasing to $1.4 billion in its second quarter, up from the $673 million it reported in the same quarter last year. The firm said the increase was largely due to the sale of its stake in chipmaker...
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...
DALLAS-The Mobile Industry Processor Interface Alliance said two major vendors, Intel Corp. and Motorola Inc., are among its 35 new members.The organization defines and promotes open standards for interfaces to mobile application processors."Our growing membership base sends a clear signal that the mobile industry...
DALLAS-The Mobile Industry Processor Interface Alliance said two major vendors, Intel Corp. and Motorola Inc., are among its 35 new members.The organization defines and promotes open standards for interfaces to mobile application processors."Our growing membership base sends a clear signal that the mobile industry...
Siemens AG has reduced its stake in chipmaker Infineon Technologies Inc. by selling 150 million shares, leaving Siemens with about a 20-percent stake in the semiconductor firm. Siemens had a 40-percent stake in the company. The decision comes as Infineon's shares have been on...
FRANKFURT, Germany-Siemens AG has reduced its stake in chipmaker Infineon Technologies Inc. by selling 150 million shares, leaving Siemens with about a 20-percent stake in the semiconductor firm.Siemens had a 40-percent stake in the company. The decision comes as Infineon's shares have been on...
SAN DIEGO-Zyray Wireless said it has extended its partnership with Infineon Technologies to jointly sell and market dual-mode GSM/GPRS and W-CDMA handset solutions.The product will be commercially available next year, according to the companies." . Both companies are also working closely to complete additional...
NEW YORK-Chipmaker Infineon Technologies AG said it has added 145 software engineers from former parent company Siemens AG.The newly redeployed engineers will be posted to its software development firm Comneon GmbH & Co."This transaction takes us another huge step forward in our ambition to...
Primus Telecommunications Group Inc. announced an innovative plan to sell low-end mobile phones in Europe, a move that further expands the mobile-phone market to include telecommunications providers. Further, the company said it plans to introduce a tri-band phone that will work in the United...
Communications company Primus Telecommunications Group Inc. announced an innovative plan to sell low-end mobile phones in Europe, a move that further expands the mobile-phone market to include telecommunications providers.Primus is a global telecommunications company offering bundled voice, data, Internet, digital subscriber line, Web hosting,...
