Chips are falling through the cracks of the slowing economy.Just like phone makers, solutions providers and operators, chip makers are buckling in what analysts describe as their worst time ever.Big names like Texas Instruments, Intel Inc. and Conexant Systems Inc. have reflected the sour...
NEW YORK-The U.S. Patent and Trademark office has granted a patent to Tropian Inc., a fabless semiconductor maker based in Cupertino, Calif., for its method of addressing issues related to radio-frequency switch mode power amplifier designs."Although information is readily available on the design of...
Agere Systems Inc., Allentown, Pa., the communications semiconductor unit of Lucent Technologies Inc., made it to market with an initial public offering priced at $6 that began trading on the New York Stock Exchange March 28.Agere had amended its IPO registration March 21 by...
GroupServeGroupServe announced Tom Stroup, president, will also take on the role of chief executive officer. Stroup's first task as CEO will be to oversee the commercial product launch of GroupPort. Stroup will also oversee the company's business development, strategic alliance and product development efforts....
Adicom WirelessAdicom Wireless announced Asymmetric Wireless Data Link, a new broadband wireless access product. AWDL, targeted at both U.S. and European markets, is designed to resolve major challenges wireless service providers face, including universal coverage in a cell and high cost of subscriber unit...
Motorola Inc.'s miserable journey into the realm of mobile satellite communications with Iridium L.L.C. worsened last week when a U.S. Bankruptcy Court judge in New York ruled that creditors of Iridium could proceed with plans to sue Motorola for $2 billion in damages.Creditors contend...
InfowaveThomas U. Koll was appointed Infowave Software Inc.'s new chief executive officer. He previously was vice president of Microsoft's Network Solutions Group and was responsible for the company's worldwide business with telecommunications companies in wireline and wireless markets. Koll also served as general manager...
Of the 387 people who work for Parthus Technologies plc, more than 300 are engineers. This, company executives say, is one of the main reasons Parthus is able to offer such a diverse range of products and technologies, and eventually will position the company...
Schlumberger Ltd. spent close to $6 billion across three technology acquisitions last week, proof the oil services giant is serious about moving into the technology sector, with special emphasis on wireless services and smart cards.But while some in the wireless and smart-card industry see...
Telcom GlobalChris Carter was appointed Telcom Global Solutions Inc.'s senior director for engineering services. In his new position, Carter will be responsible for planning and managing the company's global resource pool. Carter has more than seven years of experience in wireless network design and...
AUSTIN, Texas-Motorola Inc.'s semiconductor products sector said it would reduce its workforce by 4000 jobs in the course of this year as part of its "steps to boost efficiency and profitability."The layoffs will involve ending the assignments of contract and temporary employees, attrition and...
SANTA CLARA, Calif.-National Semiconductor Corp. reported it was buying networking chipset developer InnoComm wireless for about $130 million in a move to expand its wireless networking business.San Diego-based InnoComm produces chipsets for Bluetooth, HomeRF and 802.11 wireless networking standards.
SANTA CLARA, Calif.-PicoTurbo Inc., NewLogic Technologies and Chip Express Corp. announced a partnership integrating the NewLogic Boost IP core with the picoTurbo pT-100 microprocessor IP core creating a Bluetooth baseband processor solution including the hardware and software required for Bluetooth wireless products.The solution is...
Qualcomm Inc. said it is reviewing the need for and timing of its proposed initial public offering of Qualcomm Spinco Inc., the company's semiconductor business, which it plans to spin off.Regardless of the decision on the IPO, Qualcomm said it still expects the spinoff...
The ominous shadow of an economic slowdown is creeping into the wireless industry as vendors reel under unfulfilled earnings forecast, poor sales performance, downgrades and investor anxiety, capping off the gold-rush mentality of the past half-decade which took shareholders, analysts and Wall Street executives...
In tune with lowered expectations, Motorola Inc.'s fourth-quarter earnings dropped, confirming fears of an industrywide slowdown.Including special items, its net income dropped 58 percent to $135 million, or six cents per share, from $323 million a year ago. Excluding special items, its profits declined...
SAN DIEGO-Amid signs of a slowing market and weary investors, Peregrine Semiconductor Corp. managed to raise $37.5 million in its Series G Preferred financing, which was led by Morgenthaler Ventures.Other investors included CDIB Ventures, Global Alliance Venture Capital and Intel Capital.
SAN DIEGO-Zucotto Wireless Inc. received $35 million in its second round of financing, which was led by Shelter Capital Partners L.L.C. and Baker Capital Corp."We are extremely excited about Zucotto's prospects as the industry leader in semiconductor Java and Bluetooth solutions for the wireless...
SUNNYVALE, Calif.-Spectrian Corp. completed the sale of its UltraRF semiconductors division to Cree Inc. for about $30 million and 1.8 million shares of Cree stock.The transaction calls for Cree to supply radio-frequency power semiconductors to Spectrian for two years. In addition, the companies entered...
Worldwide silicon chip sales for 2000 likely will top $200 billion for the first time, the Semiconductor Industry Association, San Jose, Calif., projected last week."The chip industry remains on track to achieve sales of $205 billion in 2000," said George Scalise, president of the...
While the number of products incorporating Bluetooth technology was slim this past holiday season, the number of companies interested in producing Bluetooth chipsets is bountiful. Of the 82 exhibitors at the recent Bluetooth Developers Conference in San Jose, Calif., a majority were showing off...
Multiplier IndustriesMultiplier Industries Corp. released its new line of rechargeable replacement batteries for Motorola radios. The line, which features polycarbonate plastic material with greater impact strength, includes the 1,400 mAh capacity M9012; the 1,700 mAh capacity M9012C; the 1,600 mAh capacity M9009; the 2,100...
LIBERTYVILLE, Ill.-Just a week after rival L.M. Ericsson introduced its first i-mode phone for the Japanese market, Motorola Inc. laid out plans to get in to the i-mode game as well by licensing compact HTML browsing technology from Access Co. Ltd. of Tokyo.The agreement...
The year is ending on a bleak note for Motorola Inc. after it cut its fourth-quarter sales and earnings expectations, causing its stock to hit a new 52-week low and sending a tremor throughout the market to other telecom and technology companies.The No. 2...
