NEW YORK-Harris Corp. announced it is repositioning itself to become a pure communications equipment company and will spin off its Lanier Worldwide subsidiary to its stockholders, creating two separate companies-communications and office equipment.Harris' near-term actions to reposition itself as an exclusive communications equipment company...
SUNNYVALE, Calif.-Oki Semiconductor said it is taking steps to expand and strengthen its organization in Sunnyvale, Calif.As part of the expansion, Oki Semiconductor's former general manager of the LSI Business Division, Yasuaki Ozawa, was appointed chairman and chief executive officer of the company. The...
CAMBRIDGE, Mass.-Motorola Inc.'s Semiconductor Products Sector announced a $5 million grant to establish the Motorola DigitalDNA Laboratory at the MIT Media Lab in Cambridge, Mass.The DigitalDNA Laboratory will focus on linking smart products, such as set-top TV boxes, automobiles, household appliances, personal digital assistants...
AdiCom Wireless Inc. signed an agreement with Marconi Communications giving the company distribution rights to market and sell AdiCom's wireless local loop products worldwide. Marconi will offer AdiCom's WLL products and services under its brand name of MAARS 100 and MAARS 200, and they...
SCHAUMBURG, Ill.-Motorola Inc. said it changed the operating segments it uses to report financial figures to coincide with organizational changes in its communications equipment business.Research and development expenditures now will be included as a separate line item on the company's consolidated operations statements. The...
VLSI Technology Inc. announced its board of directors adopted a new shareholder rights agreement and bylaw amendments to fend off a hostile bid from Royal Philips Electronics.Philips launched the bid for all of the outstanding common shares of VLSI after the semiconductor company declined...
Like their counterparts in the wireless service and infrastructure arenas, telecom equipment vendors are consolidating and reorganizing at an increasing pace.Most segments seem to be affected, from tower companies to semiconductor manufacturers. One segment that has been particularly active during the last several months...
EAST FISHKILL, N.Y.-A new chip technology developed by IBM Corp. could lead to smaller electronic devices, including cellular phones and personal computers, said the company.The semiconductor technology IBM developed will allow complete electronic systems to be built on a single silicon chip by combining...
LOWELL, Mass.-M/A-COM announced the launch of its online fab tour, a computer animated tour created by Show & Tell Inc. that illustrates and explains the processing, assembly, packaging and testing of M/A COM's semiconductors.The tour is split into three sections. The first, Semiconductor Fab,...
PALO ALTO, Calif.-Watkins-Johnson Co.'s unaudited results for 1998 showed revenue of $212.2 million, down from $291.3 million reported in revenue for 1997. The company experienced a net loss for the year of $49.2 million, or $6.36 per share, compared with a net gain of...
NEW YORK-Wave Systems Corp., San Jose, Calif., may possess some important answers to questions wireless carriers have about reducing customer-service costs, promoting prepaid calling and data communications and capitalizing on electronic commerce, while also preventing fraud.The company, founded in 1988 by Peter J. Sprague,...
NEW YORK-Beware would-be smart card hackers, Schlumberger Test and Transactions, San Jose, Calif., has developed 'SiShell', a process that renders the chip likely to self-destruct if someone tampers with it.Now commercially available, SiShell allows wafer makers to place over the active surface of each...
NEW YORK-Perception equals reality for those who believe federal class-action securities fraud cases are filed almost daily against publicly traded companies.Last year's tally of 235 companies named as defendants in this kind of lawsuit broke the prior record of 227 set in 1994, according...
BellSouth Cellular Corp. announced it will invest in designing software-defined radio technology, a move that could give momentum to the rest of the wireless industry to change the way handsets are produced.The idea of developing a wireless handset that can operate on any air...
SAN JOSE, Calif.-VLSI Technology Inc. reported fourth-quarter revenues of $137.9 million, an increase of 5.4 percent from third-quarter 1998, revenues of $130.8 million and a decrease of 28.5 percent from the $193 million reported for the same quarter a year before.Net income for the...
ZetronZetron Inc. launched the Model Z907 PCS Fault Finder, which provides fast notification of power amplifier and antenna problems at personal communications services sites. The PCS Fault Finder monitors forward radio-frequency power and antenna return loss in the 1.8 GHz to 2.0 GHz frequency...
Motorola Inc. said it expects to meet Wall Street's earnings expectations for the first quarter, though it remains cautious in light of last week's currency devaluation in Brazil and the semiconductor industry's recovery.Analysts say Motorola is cutting operating costs more than expected, while its...
NEW YORK-Moody's Investors Service Inc. is reviewing $400 million in Hyundai Semiconductor America debt for possible downgrade because merger talks between HSA and LG Semicon Co. Ltd. hit an impasse and failed to conclude before the Dec. 25 deadline imposed by the South Korean...
M/A-ComM/A-COM, a division of AMP Inc., announced a new family of DC-2 GHz GaAs Field Effect Transistor Microwave Monolithic Integrated Circuit digital attenuators with integral Application Specific Integrated Circuit drivers. The attenuators in this family are multichip modules containing GaAs FET MMIC Radio Frequency...
At the end of each year, the RCR editorial staff looks back on the news events that made RCR headlines and decides which were the most significant, industry-impacting stories of the past 12 months. Here are our picks for 1998.1. March 16IPR issues spark...
PALO ALTO, Calif.-Watkins-Johnson Company announced it completed the repurchase of 3,500,000 shares authorized by its board of directors.The repurchased shares are also retired, leaving 6,547,687 current outstanding shares.Watkins-Johnson specializes in radio frequency and semiconductor equipment.
The semiconductor industry is showing signs it could be emerging from a slump that has plagued it this year.The Asian economic crisis, coupled with a glut of semiconductor products in the market, has led the industry into one of its most sluggish years ever....
PREFERRED NETWORKSPreferred Networks Inc. announced its founder, president and director, Michael Saner, will retire Dec. 31. Saner previously held upper-management positions at several paging companies, such as Paging Services Inc., a paging repair, maintenance, installation and sales company he founded, which was acquired by...
Horizon Personal Communications Inc. launched its personal communications services network in seven basic trading areas in Ohio and West Virginia, under an affiliate agreement with Sprint Spectrum L.P. Horizon, which is an affiliate of The Chilicothe Telephone Co., has a management agreement with Sprint...
