Just as a new Bush administration official was hailing a World Trade Organization decision in an anti-dumping case against Korean chipmaker Hynix Semiconductor Inc., a former White House aide was railing against U.S. anti-dumping policy.Last week, the WTO Appellate Body backed a U.S. decision...
Following is a roundup of ratings and financial information relating to wireless companies announced this week by banking and investment firms and financial analysts.Standard & Poor's Ratings Services withdrew its ratings on Crown Castle International Corp. including its B corporate credit rating after the...
BATH, U.K.-Intel Capital was among the investors fueling a $20.5 million round of funding for PicoChip, the wireless semiconductor vendor said Thursday. Scottish Equity Partners led the round, which brought PicoChip's total funding to $41.5 million. Other investors include newcomer Rothschild, as well as...
CHINAElectronics manufacturing services company Flextronics said it will score more than $550 million in upfront cash payments from the sale of its network and semiconductor businesses. AMIS Holdings Inc. will buy the company's semiconductor business, and as previously announced, Telavie AS will buy its...
Following are wireless company and industry ratings changes made by financial services and investment banking firms this week.In a telecom services report, Merrill Lynch said it expects Verizon Wireless will gain share during the second quarter, while Cingular's growth will remain solid but slower....
SINGAPORE—Electronics manufacturing services company Flextronics said it will score more than $550 million in upfront cash payments from the sale of its network and semiconductor businesses. AMIS Holdings Inc. will buy the company's semiconductor business, and as previously announced Telavie AS will buy its...
To the Editor: I just read the article "Connecting dots draw future of wireless" in the May 23 issue. In the article, the section on 802.15.3a states that "Both sides are backed by major vendors ..." This is misleading. The article implies that these...
SAN JOSE, Calif.-The Semiconductor Industry Association revised its worldwide semiconductor sales projections for 2005.The association previously had predicted flat sales compared with the $213 billion the industry reported in 2004. SIA now projects sales will grow 6 percent this year to $226 billion. The...
Red Bend SoftwareUdi Dagan joined Red Bend Software as chief financial officer. Dagan joined the company from IBM where he was business consulting services country manager in Israel. Before that he was CFO of IBM Israel, vice president of operations for IBM Global Services...
SAN JOSE, Calif.-Location specialist SiRF Technology Holdings Inc. will pay $20 million for global positioning system chipset product lines from Motorola Inc., the company announced Thursday.SiRF, which makes tracking and navigational equipment for semiconductor chips, said it plans to purchase Motorola products used in...
AUSTIN, Texas-A wireless handset with a $25 cost of production could come within the next two years, according to a recent survey conducted by Portelligent of its customers in the wireless and electronics industries. Eighty percent of survey respondents reported a belief that a...
The following wireless companies received upgrades or downgrades from financial and investment firms this week.Moody's Investors Service assigned a B3 rating to the proposed senior secured credit facilities of Virgin Mobile USA with a positive outlook. The rating reflects the challenging operating environment the...
SAN JOSE, Calif.-Alereon and Intel Corp. demonstrated an integrated prototype running at 480 megabits per second for the wireless USB market at the Wireless USB Developers Conference this week.The prototype included a WUSB Media Access Controller from Intel and a WUSB physical layer from...
FRAMINGHAM, Mass.-The worldwide wireless local area network semiconductor market is expected to grow to 487 million units by 2009, according to new studies from IDC.WLAN semiconductor revenues will reach $3 billion during the same timeframe, from $1.2 billion last year, said IDC.The growth will...
OTTAWA-Mosaid Technologies Inc. said it signed a nonbinding letter of intent to acquire the assets of TriCN Inc. for $3.1 million.San Francisco-based TriCN, which filed for bankruptcy protection late last year, develops semiconductor interface intellectual property products, including specialized libraries for high-performance memory and...
SINGAPORE-Electronics manufacturer Flextronics announced Chief Operating Officer Michael McNamara will helm the company following the retirement of its current chief executive officer next year. The news comes as Flextronics plans to merge its Network Services subsidiary with Telavie A/S, a company wholly owned by...
SINGAPORE-Electronics manufacturer Flextronics announced Chief Operating Officer Michael McNamara will helm the company following the retirement of its current chief executive officer next year. The news comes as Flextronics plans to merge its Network Services subsidiary with Telavie A/S, a company wholly owned by...
WASHINGTON-The Justice Department today said antitrust czar Hewitt Pate will resign next month, creating a vacancy amid a pending $35 billion merger between Sprint Corp. and Nextel Communications Inc. and other large telecom deals."It has been a great honor to serve under President Bush...
AMSTERDAM-Dutch electronics manufacturer Royal Philips Electronics has reorganized its semiconductor business into four units to cut costs and better address specific markets, the company said late Tuesday. Philips said it has created an Automotive & Identification unit to complement existing Mobile & Personal, Home,...
WASHINGTON-The Justice Department said Hynix Semiconductor Inc., a Korean manufacturer of dynamic random access memory, agreed to plead guilty and to pay a $185 million fine for participating in an international conspiracy to fix prices in the multi-billion-dollar DRAM market. The Hynix fine is...
AMSTERDAM-Dutch electronics manufacturer Royal Philips Electronics has reorganized its semiconductor business into four units to cut costs and better address specific markets, the company said late Tuesday.Philips said it has created an Automotive & Identification unit to complement existing Mobile & Personal, Home, and...
SAN JOSE, Calif.-Worldwide sales of semiconductors increased 13.2 percent to $55.3 billion during the first quarter compared with sales of $48.9 billion during the first quarter of last year, said the Semiconductor Industry Association. Sales were up 0.4 percent from revenues of $55.1 billion...
ALLENTOWN, Pa.-Chip vendor Agere Systems today released its new TrueAdvantage line of products, which the company said would save carriers millions of dollars by combining second- and third-generation network technology in one box. The company-which sells its semiconductor offerings to the likes of L.M....
TAIPEI, Taiwan-EDOM Technology and Magnolia Broadband Inc. signed a distribution agreement that allows EDOM to sell, distribute and support Magnolia's DiversityPlus handset chipsets to original equipment manufacturers in Taiwan and China. Magnolia is a fabless semiconductor company and EDOM is a Taiwan-based semiconductor distributor....
