Semiconductor

Tessco Tessco Technologies Inc. appointed Kevin P. Demery vice president and unit director of product and brand development. He will be responsible for electronic commerce, product management, strategic planning and …

NEW YORK-Lucent Technologies Inc. announced a 46-percent gain in net income, to $3.83 billion, for the fiscal year, and a 42-percent gain in net income per share, to $1.22, excluding …

NEW YORK-Despite its investments in the troubled Iridium L.L.C. satellite carrier, Motorola Inc., Schaumburg, Ill., reported strong third-quarter results Oct. 12 that reflected growth in its wireless handset business. Including …

The popularity of wireless may be contributing to an industrywide shortage of some components used in mobile devices, although device manufacturers may not be feeling the effects just yet. After …

TOKYO-Motorola Inc. will purchase Toshiba’s interest in Tohoku Semiconductor Corp., Toshiba’s wafer manufacturing joint venture in Sendai, Japan, said the companies. “TSC will support our planned growth by providing important, …

NEWPORT BEACH, Calif.-Conexant Systems said it opened a wireless communications research and development center in Shanghai, China, and a sales office in Beijing. The Wireless Communications Development Center will allow …

PALM BAY, Fla.-Harris Corp.’s former semiconductor unit launched its new name and corporate identity. The company’s new name is Intersil Corp. The company appointed Gregory L. Williams president and chief …

NEW YORK-The Hewlett-Packard Co., Palo Alto, Calif., registered with the Securities and Exchange Commission Aug. 16 to spin off its test and measurement division by taking it public. The unit, …

Lucent Lucent Technologies Inc. introduced software that will turn down transmitter power levels when the user is not speaking into the handset, effectively increasing talk time by extending battery life …

Aeris Aeris Communications Inc. added to its senior management team, naming Peter F. Stone chief financial officer and Patricia E. Hart vice president and general counsel. Aeris also announced Douglas …

SCHAUMBURG, Ill.-Motorola Inc. said it completed its transaction with Texas Pacific Group for the management buyout of a business unit of Motorola’s Semiconductor Products Sector-the Semiconductor Components Group. Under terms …

CUPERTINO, Calif.-Morphics Technology Inc., a privately held company that designs and sells software-programmable/hardware-configurable semiconductor products for the wireless industry, raised $13.5 million in its second round of equity financing. The …

AMSTERDAM-Philips Electronics NV released its second-quarter results, reporting a 28-percent drop in net earnings. The Dutch group posted net income of $288 million, down from $400 million in the same …

NEW YORK-Happy days are here again for Motorola Inc., Schaumburg, Ill., which announced second-quarter earnings late July 13 of $273 million, or 44 cents per share. The gains are three …

ELite Logistic Services Elite Logistic Services Inc. introduced its PageTrack control module, a wireless automotive security, control and monitoring solution. The system uses SkyTel Communications Inc.’s two-way ReFLEX network, the …

NEW YORK-Motorola Credit Corp. has sold $500 million of euro-denominated bonds paying 6.75 percent interest in order to raise capital for lending money to purchasers of wireless equipment from its …

TOKYO-Hitachi Ltd., Intel Corp., Mitsubishi Electric Corp. and Sharp Corp. agreed to standardize specifications for stacked chip scale packages, a multiple memory module for mobile communications and handheld computing applications. …

Nine global wireless companies formed a focus group, called 3G.IP, to promote an Internet Protocol-based wireless system for third-generation technology. The group comprises AT&T, British Telecom, Rogers Cantel, Ericsson, Lucent, …

HILLSBORO, Ore.-TriQuint Semiconductor Inc. filed with the Securities and Exchange Commission a registration statement relating to the proposed offering of approximately 3.8 million shares of its common stock. Three million …

MELBOURNE, Fla.-In keeping with its strategy to focus exclusively on the worldwide communications equipment market, Harris Corp. announced it is selling its semiconductor business to a subsidiary of Sterling Holding …

PHOENIX-Motorola Inc.’s Semiconductor Products Sector announced it signed a memorandum of understanding with the Institute for Semiconductor Physics of Frankfurt, Germany, to jointly develop a new wireless platform based on …

The Semiconductor Industry Association said it is encouraged by President Clinton’s decision to extend Normal Trade Relations with China for another year, and it urged Congress to support the measure. …

NEW BRUNSWICK, N.J.-To move device interconnectivity from enticing theory to practical reality, the new Wireless Research Center of the University of California at Berkeley has formed a bi-coastal collaboration with …

Xircom Xircom Inc. announced a new product line called CompactCard, which it said extends wireless connectivity for Windows CE handheld computers. CompactCard is a series of Type II CompactFlash cards …

SCHAUMBURG, Ill.-Motorola Inc. last week agreed to a management buyout of its Semiconductor Components Unit in a deal led by Texas Pacific Group, a private investment partnership that specializes in …