Chipmakers continue to stake claims in anticipation of an assured industry upswing.Bellwethers Intel Corp. and Texas Instruments Inc. offered optimistic second-quarter projections, reinforcing a view that the sector has seen its worst days. In separate filings with the Securities and Exchange Commission, both companies...
MUNICH, Germany-Infineon Technologies North America Corp. has acquired the assets of MorphICs Technology Inc. to strengthen its Internet Protocol portfolio for multistandard next-generation wireless solutions.The deal takes effect March 31."The acquisition is an example of the Infineon strategy to expand our portfolio in key...
CANNES, France-L.M. Ericsson flexed its muscles within and outside the 3GSM Congress with a series of announcements from interoperability testing to deals with carriers and content providers as well as a former semiconductor partner.The Swedish vendor signed a contract to supply UMTS gear to...
OXFORD, United Kingdom-Ericsson has warned the financial market that it may need to invest another 530 million euros (US$520 million) into its cell-phone joint venture with Sony. The company also reported that the venture, after a small profit in the first quarter of the...
NEW YORK-Shares of LM Ericsson dropped as much as 17 percent on Wall Street on the first day of trading of the company's $3.14 billion rights offering, indicating many shareholders were selling their rights to buy the new shares.Ericsson has said it will use...
MUNICH, Germany—Swedish vendor Ericsson announced the sale of its microelectronic unit to Infineon Technologies for US$379 million in stock, ending industry speculation."This transaction makes Infineon a strategic supplier of important components for Ericsson in the wireless infrastructure and mobile phones," said Infineon in a...
MUNICH, Germany—Swedish vendor Ericsson AB announced the sale of its microelectronic unit to Infineon Technologies for $379 million in stock, ending industry speculation."This transaction makes Infineon a strategic supplier of important components for Ericsson in the wireless infrastructure and mobile phones," said Infineon in...
NEW YORK-Siemens AG's U.S. business units recorded increases in both sales and orders for the first quarter of fiscal 2000, ended Dec. 31, 1999, compared with the previous year.Sales for the first quarter rose 19 percent from $3.1 billion in 1999 to $3.7 billion...
