SEOUL, South Korea-Samsung Electronics Co. Ltd.'s profit jumped almost 40 percent in the fourth quarter, but the gains were largely driven by the company's semiconductor and TV businesses. Samsung's wireless business saw a slight rise in sales quarter over quarter but a drop in...
Qualcomm Inc. announced it has acquired Berkana Wireless Inc., a wireless chip designer, for $56 million in cash. Silicon Valley-based Berkana provides metal oxide semiconductor radio frequency integrated circuits, or RF CMOS chips, to the wireless industry, and Qualcomm said it expects Berkana's technology...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersFitch Ratings affirmed its A+ issuer default rating on Verizon Communications Inc. and removed it from Rating Watch Negative, where it was placed nearly a...
SAN DIEGO-Qualcomm Inc. announced it has acquired Berkana Wireless Inc., a wireless chip designer, for $56 million in cash. Silicon Valley-based Berkana provides metal oxide semiconductor radio frequency integrated circuits, or RF CMOS chips, to the wireless industry, and Qualcomm said it expects Berkana's...
Japanese vendor NEC Corp. may become the latest casualty in the hotly contested mobile-phone market. According to a Reuters report, the company is looking for some kind of partnership with another mobile-phone vendor in order to bolster its sluggish handset business. An agreement could...
GREENSBORO, N.C.-RF Micro Devices Inc. said it plans to expand its Chinese assembly operations to increase internal assembly capacity by about 50 percent. The company said by increasing its internal assembly capacity it will strengthen its supply chain and reduce manufacturing costs. The expansion...
AMSTERDAM, The Netherlands-Royal Philips Electronics, Europe's largest consumer-electronics producer and its third-largest chipmaker, said it plans to sell or spin off its semiconductor unit into a separate company.The company explained that early this year, it introduced plans to improve the semiconductor division's four core...
SAN DIEGO-Chipmakers Qualcomm Inc. and Texas Instruments Inc. both raised revenue forecasts based on improving sales, news that could translate into an improved market for the worldwide mobile-phone industry. First up, Qualcomm raised its revenue expectations and earnings per share forecasts for its first...
SAN DIEGO-Chipmakers Qualcomm Inc. and Texas Instruments Inc. both raised revenue forecasts based on improving sales, news that could translate into an improved market for the worldwide mobile phone industry.First up, Qualcomm raised its revenue expectations and earnings per share forecasts for its first...
SAN JOSE, Calif.-Worldwide sales of semiconductors surged past $20 billion in October, driven by strong customer demand for consumer electronics such as cellular phones. Sales increased by 6.75 percent compared with the same time last year, according to the Semiconductor Industry Association. Sales were...
SAN JOSE, Calif.-Worldwide sales of semiconductors surged past $20 billion in October, driven by strong customer demand for consumer electronics such as cellular phones.Sales increased by 6.75 percent compared with the same time last year, according to the Semiconductor Industry Association. Sales were up...
AUSTIN, Texas-Freescale Semiconductor Inc. announced it has manufactured 24-megabit silicon nanocrystal memory technology, bringing next-generation non-volatile embedded memories closer to production.The company explained that non-volatile memory technology is denser, faster and more cost-effective than conventional floating gate-based flash memory technology. In addition, Freescale noted...
Qualcomm Inc. and Samsung Electronics Co. Ltd. tightened their ties with a new deal that calls for Samsung to build Qualcomm's chips for CDMA and W-CDMA phones. The agreement further solidifies the partnership between one of the world's largest mobile-phone makers and one of...
SAN DIEGO-Qualcomm Inc. and Samsung Electronics Co. Ltd. tightened their ties with a new deal that calls for Samsung to build Qualcomm's chips for CDMA and W-CDMA phones. The agreement further solidifies the partnership between one of the world's largest mobile-phone makers and one...
Product announcements streamed out of Boston during WiMAX World 2005, a show where the attendance increased from the hundreds in 2004 to the thousands in 2005. As the industry moves closer to developing a standard, traditional and upstart wireless equipment providers detailed their plans...
KING OF PRUSSIA, Pa.-Wireless technology company InterDigital Communications Corp. posted increasing revenues and a net income of $6.5 million, news that comes on the company's announcement that it reached an "amicable resolution" in its patent dispute with Lucent Technologies Inc.Under the terms of the...
WASHINGTON-Top Bush administration trade negotiator Rob Portman said the United States negotiated an agreement with the European Union, Japan, Korea and Taiwan in applying zero tariffs on multi-chip integrated circuits, evolutionary new semiconductors used in cell phones and other miniaturized consumer electronic products."Multi-chip packages...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersRobert W. Baird adjusted estimates on Alltel Corp. following the company's third-quarter report. Baird raised its estimates on Alltel to EPS of $3.45 from $3.38...
BOSTON-Product announcements are streaming out of Boston as the WiMAX World 2005 show gets underway. First up, Motorola Inc. is set to demonstrate the capabilities of its MOTOwi4 Canopy solutions. The product is based on Internet Protocol Multimedia Subsystem architecture and delivers Voice over...
AUSTIN, Texas-Alereon snagged $20 million in a Series B round of financing, the fabless semiconductor provider said Tuesday. Longtime investors Austin Ventures, Centennial Ventures and Pharos Capital Group participated in the funding. Alereon, which designs but doesn't manufacture UWB chipsets, said it will use...
CHINAAlcatel Corp. deployed its Mobile Next Generation Network in China for Zhejiang Mobile, a subsidiary of China Mobile. Alcatel said its Mobile NGN was implemented by its Chinese company, Alcatel Shanghai Bell, and will help Zhejiang Mobile improve quality of service and reduce network...
BRACKNELL, United Kingdom-Macromedia Inc. said it completed its acquisition of Mobile Innovation, a user interface designer for mobile devices. The value of the deal was not disclosed. Macromedia sells a scaled-down version of its Flash player for mobile phones, technology that can display simple...
The W-CDMA race has just started, but chipset vendors from all corners of the industry are driving to play in the nascent but growing market. Already, industry heavyweights Texas Instruments Inc., Freescale Semiconductor Inc., Qualcomm Inc. and others have vaulted into the space. Although...
BRACKNELL, United Kingdom-Macromedia Inc. said it completed its acquisition of Mobile Innovation, a user interface designer for mobile devices. The value of the deal was not disclosed.Macromedia sells a scaled-down version of its Flash player for mobile phones, technology that can display simple graphics...