A tremor of restructuring is rippling through the infrastructure players, signaling a new approach to the market. Such moves, some of them imposed and others induced, are spawning a new round of layoffs in some of the companies. Nortel Networks Ltd. and Motorola Inc....
CHICAGO-Chipmaker Agere Systems Inc. said it plans to lay off 500 workers, reflecting a slowdown in the semiconductor market that has hit companies such as Intel Corp. and Philips Semiconductors.The cut will include administrative functions, as well as sales, marketing and product development parts...
With a view to focusing on its wireless business, Motorola Inc. said it plans to slash 1,000 jobs, or 1 percent of its staff, and absorb charges of about $50 million. Most of the job losses will affect the vendor's government, industrial, broadband and...
A number of semiconductor companies have come together to define the standard interface for storage in wireless handhelds and other portable devices. The companies hope this will make handhelds like cell phones and personal digital assistants more efficient storage devices.The companies include Intel Corp.,...
Nokia Corp. today launched two new phones and acquired technology from a former Motorola Inc. subsidiary.Nokia announced the Nokia 9300 smart phone.The slim device opens to reveal a full keyboard and color screen. Features include one-touch access to personal information and office applications via...
SANTA CLARA, Calif.-Sun Microsystems Inc. said it has entered into an agreement with ARM Ltd. to integrate and distribute optimized Java solutions for mobile devices. Both companies also agreed to establish a single distribution source through Sun.ARM's Jazelle hardware technology will be deployed into...
With each side of the ultra-wideband technology conflict ratcheting up rhetoric and maneuvers, the turf of war is sizzling with less love and more politics.With another voting session looming next week in Berlin, both the direct-sequence companies and their multi-band counterparts anticipate a deadlock,...
Intel Corp's shares fell on the news that its third-quarter revenue will come short of its forecast, casting a blight of doubt on the semiconductor space that witnessed a burst of growth and enthusiasm during the past year.The company said it anticipates third-quarter revenues...
No company is an island. With three major acquisitions last week, Cisco Systems Inc., ARM Ltd. and Eastman Kodak Co. have demonstrated that many firms are involved in the mobile world. The trend is not restricted to the smaller firms whose consolidation announcements flood...
AUSTIN, Texas-Freescale Semiconductor Inc. said it has signed deals to supply chips to Siemens AG and Ningbo Bird Co Ltd., showing it can fend for itself after cutting the cord from parent Motorola Inc.The company also announced its i.250 GSM/GPRS platform has been adopted...
ARM Holdings plc said it has agreed to acquire system-on-chip company Artisan Components Inc. for about $913 million based on Artisan's stock value of $33.89 as of Aug. 20.The transaction will be completed in the fourth quarter of 2004, subject to ARM and Artisan...
ROCHESTER, N.Y.-Eastman Kodak will acquire the imaging business of National Semiconductor Corp., which develops and manufactures metal oxide semiconductor image sensor devices.The acquisition aims to boost Kodak's development of sensors used in mobile-phone cameras, digital cameras and other gadgets.Kodak will acquire intellectual property and...
Fitch Ratings said it has upgraded Motorola from stable to positive, reflecting the company's improvement in credit protection measures, balance sheet and cash flow.The debt ratings agency also said the company's former company, Freescale Semiconductor Inc., will help strengthen Motorola's long-term credit.The vendor's debt...
A new battle of technologies may be in the offing in the 802.11n arena as 12 key companies have developed a key proposal to counter another one announced last week that is backed by a group of top wireless players.The TGn Sync is a...
PALO ALTO, Calif.-Agilent Technologies Inc. said five of its semiconductor components have been incorporated into Samsung's new VM-A680 mobile phone. The Samsung VM-A680 mobile phone operates in the PCS and 800 MHz frequency bands. It features a clamshell design and a large, full-color LCD...
SCHAUMBURG, Ill.-In what may be a foretaste of a possible reorganization of the company, Motorola Inc. announced a new chief strategy officer and plans to retire up to $1.7 billion of outstanding debt.Analysts expect the company to roll out a grand reorganization plan soon.Richard...
In what may be a foretaste of a possible reorganization of the company, Motorola Inc. announced a new chief strategy officer and plans to retire up to $1.7 billion of outstanding debt.Analysts expect the company to roll out a grand reorganization plan soon.Richard N....
Motorola Inc. had its share of ups and downs last week, when news of solid earnings and the launch of three new handsets collided with a software glitch in several of its Nextel Communications Inc. A-GPS-enabled phones. The company's second-quarter earnings reflected strong year-over-year...
DALLAS-Texas Instruments Inc. unveiled a second-quarter profit that tripled last year's figures, owing to strong demand for wireless handsets and its semiconductor products.TI roared to a $441 million, or 25 cents a share, profit as against $121 million, or 7 cents a share, last...
SCHAUMBURG, Ill.-Motorola Inc.'s second-quarter 2004 earnings reflected strong year-over-year growth with the exception of a hefty net loss due to the spin-off of its semiconductor business.The company reported sales of $8.7 billion for the second quarter of 2004, up 41 percent from $6.2 billion...
The standards deadlock over ultra-wideband technology between the Multiband OFDM Alliance and the Direct Sequence UWB Forum continued at the IEEE conference last week. This time, however, it had an unexpected twist. In a vote tally often won by MBOA, the DS-UWB Forum won...
The standards deadlock over ultra-wideband technology between the Multiband OFDM Alliance and the Direct Sequence UWB Forum continued at the IEEE conference this week. This time, however, it had an unexpected twist.In the vote tally often won by MBOA, the other side won what...
AUSTIN, TEXAS-Freescale Semiconductor Inc. and parent company Motorola Inc. Friday announced the initial public offering of 121,621,622 shares of Freescale Semiconductor Class A common stock at a price of $13 per share, for a total offering of $1.58 billion. Freescale Semiconductor's Class A common...
OTTAWA-Zarlink Semiconductor said it is researching an in-body antenna design for "Body Area Networks" as part of the Healthy Aims' European Union Framework VI project.Body Area Networks enable wireless communication from implanted medical devices to a base station up to 3 meters away, said...
