Motorola Inc. last week released its third quarter financial results, which detailed the lower-than-expected performance of the company that was forecast in December. Earnings per share, previously expected to be 60 cents, instead totaled 44 cents per share, or $266 million.The figure, while above...
NEW YORK-Gemplus Corp., Montgomeryville, Pa., gambled early and big on the nascent U.S. Global System for Mobile Communications personal communications services business. Today, it has won close to a 50-percent share of the subscriber identity module market.Gemplus and Schlumberger Smart Cards & Systems, Telecom...
Rank Company Name 1996 Revenues (000)1 Matsushita Electric Inds. Co. Ltd. $63,192,0002 NEC Corp. $41,174,0003 Motorola Inc. $27,973,0004 Lucent Technologies Inc. $23,286,0005 Ericsson...
Rank Company Name 1996 Net Income (000)1 Motorola Inc. $1,154,0002 Lucent Technologies Inc. $1,054,0003 Ericsson (L.M.) Telephone $1,034,1524 NEC Corp. $718,0005 Nokia...
Berkeley Varitronics Systems Inc. won a contract to provide propagation analysis equipment to Qualcomm Inc. for international distribution of personal communications services and cellular systems. Berkeley values the arrangement at $750,000. The company also won a contract to design a 2.3 GHz wireless local...
RANK/COMPANY NAME TOTAL RETURN1 Brightpoint Inc. 259.88%2 Tellabs Inc. 169.96%3 Specialty Teleconstructors 150.00%4 ADC Telecommunications Inc. 149.00%5 WinStar Communications, Inc. 132.53%6 ...
SINGAPORE-Qualcomm Inc. has signed an agreement with Rostov Electrosviaz of Rostov, Russia, to supply $5.8 million in 800 MHz Code Division Multiple Access fixed wireless loop infrastructure equipment and services. Qualcomm's CDMA system will be deployed in the Russian region of Rostov-on-Don and surrounding...
SAN DIEGO-Qualcomm Inc. and Ericsson Inc. settled one of several lawsuits pending between the two companies.The agreement, filed June 6 in federal court, resolves the patent infringement lawsuit Qualcomm filed against Ericsson in March.For the seven-month term of the agreement, Ericsson and its affiliates...
Telecommunications Techniques Corp. and Clear Communications Corp. formed an alliance to jointly market customer network management, intelligent surveillance and testing solutions for competitive access providers and wireless communications providers. TTC's test and measurement capabilities will be combined with Clear's expertise in customer network management...
Southern California's emergence as a burgeoning wireless hub was reinforced when yet another new telecom company, Kokusai Communications Systems Inc., opened its world headquarters last month in San Diego.Kokusai Communications is the newest subsidiary of Kokusai Electric Co. Ltd., a Tokyo-based manufacturer of wireless...
SINGAPORE-An air of triumph permeated last week's second annual CDMA World Congress as the supporters of Code Division Multiple Access celebrated the past year's network launches, announced a unified branding plan and prepared to enter the next millennium with a platform for advanced wireless...
TORONTO-Qualcomm Inc. said it signed an 18-month contract to supply Code Division Multiple Access digital handsets to Bell Mobility, a Canadian wireless services provider. Qualcomm values the agreement at $70 million.The agreement includes Qualcomm's QCP-2700, a digital dual-band, dual-mode phone. Bell Mobility will use...
NEW YORK-Competition from personal communications services companies in the United States is proving to be good news for wireless carriers and their stocks, David A. Freedman, managing director of Bear Stearns & Co. Inc., New York, said June 4."If you look at a graph...
New lawsuit filed on Motorola patentsMotorola Inc. last week filed a new patent infringement lawsuit against Qualcomm Inc. in San Diego federal court, claiming all of Qualcomm's wireless phones violate Motorola patents.The infringement claims are against Qualcomm's Code Division Multiple Access Q phone, five...
Qualcomm Personal Electronics, a division of Qualcomm Inc. and Sony Electronics Inc., reduced its temporary work force in response to a planned transition to new product lines, automated production methods and lowered seasonal demand.About 600 temporary workers are affected by the downsizing. The workers...
Globalstar L.P. announced at a signing ceremony it has placed purchase orders by the partners that comprise Globalstar's limited partnership for 35 Globalstar gateways to be installed around the world. The contracts, totaling approximately $275 million, represent a further commitment by the Globalstar partners...
SAN DIEGO-The OmniTracs division of Qualcomm Inc. announced the sale of its Decision Support Software, Trucking Operation System Local Area Network and TL2000 software products to Sabre Decision Technologies, ITS and TMW Systems, respectively.Terms of the contracts were not disclosed."The purchase of the these...
A new company has been formed to specialize in applying Code Division Multiple Access digital technology to product innovations. Digital Line Inc., headquartered in Santa Clara, Calif., will focus on developing wireless equipment and accessories for manufacturers and wireless carriers, the company said. Digital...
NEWBURY, U.K.-Vodafone Group plc and Qualcomm Inc. said they will conduct a field trial in the United Kingdom starting the fourth quarter to demonstrate how Code Division Multiple Access wireless access technology can be integrated into a Global System for Mobile communications network.The companies...
SAN DIEGO-Qualcomm Inc. last week dedicated Qualcomm Stadium, which is home to the San Diego Chargers, San Diego Padres and San Diego State University Aztecs.Qualcomm paid the city of San Diego $18 million to complete the second phase of the stadium expansion in exchange...
SAN DIEGO-Qualcomm Inc. filed a complaint in the U.S. District Court in San Diego seeking a judicial determination that Qualcomm does not infringe on three patents held by U.S. Philips Corp.The complaint says a dispute arose from Philips' contention that the three patents cover...
WASHINGTON-The telecommunications industry is preparing to mount a fierce lobbying campaign to support renewing most-favored-nation trade status for China.The debate on China MFN, which has become a ritual this time every year, takes on added significance in light of allegations being probed by the...
