DALLAS—Texas Instruments Inc. raised its business outlook for the second quarter during a scheduled update. The company said it now expects to earn revenues from continuing operations of between $3.63 billion and $3.78 billion, up from its prior estimate of between $3.46 billion and...
SAN JOSE, Calif.—A new report from the Semiconductor Industry Association predicts semiconductor sales worldwide will grow 9.8 percent to nearly $250 billion this year, driven largely by the cell-phone market. The new forecast is an increase from November forecasts that projected an increase of...
The upcoming AWS auction of 1700 MHz and 2100 MHz spectrum, now slated for August, raises the question of how many frequency bands might be jammed onto a handset and whether that poses technical challenges for component and handset vendors. The answer, at least...
Nothing kills a party like running out of food and booze. And, when guests show up in droves, beyond expectation, you check your supplies and commandeer friends for a mad dash to the store, right? Especially if each and every guest feels compelled to...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.CarrierStandard & Poor’s Ratings Services affirmed its B bank loan rating on Ntelos...
WHITE PLAINS, N.Y.—Fabless semiconductor company Sandbridge Technologies Inc. scooped up $15.4 million in a Series B round of financing. Samsung Ventures America led the round, the company announced. Sandbridge said it’s developing flexible "software-defined" baseband and multimedia chips for mobile handsets. The company is...
SAN DIEGO-Qualcomm Inc. raised its revenue estimates for its third quarter ending in June, indicating it expects revenue at or slightly above earlier forecasts of $1.77 billion to $1.87 billion based on strong demand for its chipsets destined for both low-end and 3G phones....
SAN DIEGO—Qualcomm Inc. raised its revenue estimates for its third quarter ending in June, indicating it expects revenue at or slightly above earlier forecasts of $1.77 billion to $1.87 billion based on strong demand for its chipsets destined for both low-end and 3G phones....
SAN JOSE, Calif.—Strong sales of wireless phones were a major contributor to increases in microchip sales during the first quarter, according to figures released by the Semiconductor Industry Association. Worldwide semiconductor sales reached $59.1 billion during the quarter, up 7.3 percent year-over-year, but down...
Qualcomm Inc. and Texas Instruments Inc., which dominate chip manufacturing for CDMA and GSM network and handset technologies, respectively, posted strong quarterly earnings for their latest fiscal quarters. For Qualcomm's second fiscal quarter, which ended March 26, the San Diego-based company reported net income...
SINGAPORE-Flextronics International Ltd. said it was selling off its software development and solutions business to Kohlberg Kravis Roberts & Co. for approximately $900 million. Flextronics said the sale continues its strategy to focus on boosting growth in its core electronic manufacturing services business, including...
AUSTIN, Texas—Freescale Semiconductor Inc. says strong sales of its wireless products as well as its networking and computing gear helped the company to more than double its first-quarter net income compared to the same period last year. Freescale reported first-quarter net income of $212...
DALLAS—Texas Instruments Inc. late yesterday reported first-quarter net income of $585 million, a 42-percent increase from the $411 million profit in the year-ago quarter, and it issued a bullish forecast for the current quarter, causing its stock price to rise in after-hours trading yesterday....
SINGAPORE—Flextronics International Ltd. said it was selling off its software development and solutions business to Kohlberg Kravis Roberts & Co. for approximately $900 million. Flextronics said the sale continues its strategy to focus on boosting growth in its core EMSS business, including design, vertically...
BELLEVUE, Wash.—The Bluetooth Special Interest Group picked the WiMedia Alliance multiband orthogonal frequency division multiplexing version of ultra-wideband for integration with Bluetooth technology, thus taking the next step in its plan to create a high-speed data rate version of version of Bluetooth capable of...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Click here for wireless ratings from past weeks from RCR Wireless News.CarrierMerrill Lynch lowered its price target on Telephone & Data Systems from $50 to...
DENVER-Although monitoring and control-enhancing technology hasn't garnered many headlines in the past, ZigBee-enabled products are likely to burst into prime-time later this year with both consumer and commercial applications, predicted Bob Heile, chairman of the ZigBee Alliance, during last week's IEEE standards meeting in...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. CarriersStandard & Poor’s Ratings Services assigned an A rating to Verizon Communications Inc.’s $4 billion aggregate offering of four series of notes. "Our ratings on...
Operating system vendor Symbian Ltd. announced it will cut its licensing fees in half in a bid to counter encroaching competition from Microsoft Corp.'s Windows Mobile OS and Linux OS. Symbian currently charges handset makers $5 per phone (for shipments of more than 2...
LAKE FOREST, Calif.-Mobile TV chipmaker Newport Media Inc. said it added $25 million to its funding coffers during a second round of fundraising. The round, led by Oak Investment Partners, brings the company's total funding to more than $36 million. The company said it...
The IEEE'S recent decision to allow competing ultra-wideband standards in the marketplace has not deterred investors, but could spell trouble for the Bluetooth industry, which last year hooked its future to the UWB standard. The IEEE group voted unanimously at a meeting in Waikoloa,...
WAIKOLOA, Hawaii-The IEEE ultrawideband task group ended three years of animosity with a nearly unanimous vote to kill the 802.15.3a proposed standard. The association, which was established to develop a standard for short-range wireless communications at up to 480 megabits per second, disbanded after...
WAIKOLOA, Hawaii-The IEEE ultrawideband (UWB) task group ended three years of acrimony with a nearly unanimous vote to kill the 802.15.3a proposed standard. The association, which was established to develop a standard for short-range wireless communications at up to 480 megabits per second, disbanded...
The blazing-hot mobile-phone market is finally due for a cool down, and the only companies able to weather the difficulties will be those that have substantial businesses already. As the world's phone makers coast into the first quarter, many will have to take stock...
