Semiconductor firm Skyworks Solutions claims to have produced the world’s smallest dual-mode cellular IoT system-in-package (SiP) solution. The US outfit partnered with IoT chip and module maker Sequans Communications on the product, numbered SKY66431, to combine the France-based firm’s Monarch 2 modem with its...
1. Nokia appears to have cleared the last major hurdle in its $17.6 billion purchase of Alcatel-Lucent. Today, China's Ministry of Commerce gave conditional approval to the merger, which has already been approved in the U.S. and Europe. China gave Nokia a to-do list...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--JP Morgan resumed coverage on Clearwire following the close of its deal with Sprint Nextel to combine WiMAX assets. The firm rates Clearwire at neutral.Handset...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston lowered its price target on Leap Wireless to $55 from $70 despite solid third-quarter results and positive fourth-quarter trends. CSFB said...
As analysts and pundits scoured the tea leaves in the wake of Apple Inc.'s 3G iPhone launch, a few issues emerged.Who, besides Apple, will get a boost from iPhone mania? Who gets hurt? Will a rising iPhone-tide lift all boats in the second half...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston reduced its estimates on AT&T, saying the risks that it predicted in its telecom sector downgrade in February are beginning to...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--RBC Capital Markets lowered its price target on AT&T to $46 from $47 and adjusted its estimates on the carrier to account for 3G iPhone...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston lowered its estimates on Leap Wireless to a loss of $1.03 from breakeven for 2008 due to a reduction in EBITDA...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--RBC Capital Markets initiated coverage on Leap Wireless with a sector perform rating and a $55 price target.--Lehman Brothers lowered its 2008 EPS estimate on...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Raymond James lowered its price target on Sprint to $14 after the company pre-released weak fourth-quarter earnings. Morgan Stanley lowered its price target on Sprint...
Inching closer to its long-sought goal of 40% of the global market, Nokia Corp. confirmed last week that its business is firing on nearly all cylinders.The Finnish vendor notched impressive, year-on-year, double-digit gains in handset volumes in every region but North America. The company's...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Standard & Poor's Ratings Services revised its outlook on AT&T Inc. to stable from negative and affirmed its ratings.--Standard & Poor's Ratings Services revised...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors CIBC World Markets lowered its estimates on Motorola Inc. after the company significantly lowered guidance for the first quarter. For...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier Standard & Poor's Ratings Services lowered its corporate credit rating on Sprint Nextel Corp. to BBB from BBB+ and removed the company from CreditWatch...
Trying to form a sense of the sprawling chip market for mobile phones is akin to getting a tape measure around an elephant's waist. With dozens of players and product types, the chip industry that enables the fantastic functions of today's mobile phones is...
NEW YORK—Samsung Electronics Co. Ltd. increased its shipment volume in the third quarter to 30.7 million, a 17-percent increase from the previous, disappointing quarter, according to CIBC World Markets. The South Korean vendor’s shipments beat its own guidance and CIBC’s earlier estimates of 28.8...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.CarrierRBC Capital Markets lowered its rating on Verizon Communications to sector perform from...
WOBURN, Mass.—Wireless semiconductor manufacturer Skyworks Solutions Inc. said it is ceasing its baseband operations and will lay off 425 employees. Skyworks’ baseband business developed reference designs, including digital signal processors and software functionality, for third-tier handset suppliers. The company said the addressable market for...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Click here for wireless ratings from past weeks from RCR Wireless News.CarrierRW Baird raised its rating on AT&T Inc. on strong earnings momentum. It also...
SEOUL, South Korea— LG Electronics Co. Ltd. reported a net loss of $10.1 million on static sales of $6.1 billion in the second quarter on lackluster handset shipments and poor performance in its liquid crystal display joint venture with Philips Electronics. The net loss...
The upcoming AWS auction of 1700 MHz and 2100 MHz spectrum, now slated for August, raises the question of how many frequency bands might be jammed onto a handset and whether that poses technical challenges for component and handset vendors. The answer, at least...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.CarrierStandard & Poor's Ratings Services said it took several rating actions on Rural...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersFitch Ratings affirmed its A+ issuer default rating on Verizon Communications Inc. and removed it from Rating Watch Negative, where it was placed nearly a...
Skyworks Solutions Inc., which provides semiconductors for mobile applications, said it expects to report fourth-quarter revenues below the low end of the company's previous guidance. Based on a preliminary review of unaudited results, the company said it expects to report revenue of $190 million...
