Motorola Inc. said its ailing mobile-phone business is faring worse than the company had expected, and as a result the world's No. 2 handset vendor will post a loss for the first quarter. In order to reverse the situation, Motorola's Ed Zander announced an...
Nokia Corp. is asking European courts to declare Qualcomm Inc.'s patents in Europe "exhausted," freeing the Finnish mobile phone maker to sell handsets in Europe containing chips by Texas Instruments Inc. on which Nokia otherwise would owe royalties to Qualcomm.Nokia cited a patent portfolio...
Qualcomm Inc.'s prospects for quarterly revenue and earnings due in April have brightened, while Texas Instruments Inc.'s forecast lacked luster. Although both companies' forecasts pertain to the current quarter only, analysts said the outlook for the rest of the year may look somewhat similar...
Qualcomm Inc. remains positive about its business prospects this quarter, even as it girds for an unprecedented procession of litigation. The chip maker is scheduled to appear in court in late March and regularly through the fall, reflecting battles with rivals and customers over...
In a routine update of its business outlook for the first quarter, Texas Instruments Inc. narrowed its expected revenue and earnings per share ranges. Investors may have expected a more bullish forecast due to improved outlooks by TI's competitors, however; TI's stock fell 49...
Want to invest like Verizon? Like any smart investor, Verizon Communications Inc. has its pension fund invested in a diverse array of stocks, from the Cheesecake Factory to Northrop Grumman Corp. The company's $40-plus billion pension portfolio includes hundreds of companies. The Verizon Investment...
The ripples are still making their way across the lake in the wake of Cingular Wireless L.L.C.'s surprise announcement that it will offer mobile broadcast TV through Qualcomm Inc.'s MediaFLO USA Inc. network. The nation's largest wireless carrier somewhat stole the thunder from its...
At the 3GSM World Congress, as at other major industry confabs, there are gadgets galore. And then there are the market-based strategies and financial plans behind them. Attempting to translate one into the other-reading the gadgets' features for clues to a vendor's strategies or...
Having doubled the money it sets aside for legal issues-from $100 million last year to $200 million for the year ahead-Qualcomm Inc. announced that it will hire Carol Lam, the former U.S. Attorney for the Southern District of California.Lam will serve as a senior...
Texas Instruments Inc., established in 1930 to develop oil exploration technology, has grown into a predominantly wireless-based powerhouse with $14.3 billion in annual revenue last year. Its main customer for its digital signal processors is Nokia Corp., the world's largest cellphone vendor. By revenue,...
After declaring a strategy of diversity in semiconductor suppliers and signing deals with Texas Instruments Inc. and Qualcomm Inc. for W-CDMA and other chips, Motorola Inc. declared yesterday that it still cherishes its relationship with its spinoff, Freescale Semiconductor.If in fact the two companies,...
German chip maker Infineon Technologies AG crowed yesterday that it will supply Nokia Corp. with baseband and RF chips for the handset vendor's entry-level phones in GSM markets.Details of the deal were not disclosed, so the relative impact of the move to Texas Instruments...
Hello! And welcome to our Thursday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCR Wireless News the chance to rant and rave about whatever rubs...
Beceem Communications, a WiMAX chipset vendor, announced it raised more than $40 million in its latest round of venture financing to expand on its position in the mobile WiMAX market.The WiMAX chip manufacturer said the investment will largely be used to develop and launch...
Motorola Inc.'s recent, sobering earnings report came with a number of explanations of how the American vendor would turn things around. Motorola executives mentioned, among several factors, their portfolio mix-and the role of 3G in a higher-average selling price, higher-margin mix of handsets. Ed...
A U.S. District Court jury on Friday found that Broadcom Corp. did not infringe on two Qualcomm Inc. patents for digital video compression used in high-definition set-top cable and satellite television boxes, as the latter had claimed. The jury also cited Qualcomm, in an...
The art of the "announcement" appears to couple specific news with vague hints at future products. Announcements can reassure investors and analysts and seek to intimidate competitors while keeping one's own product plans under wraps.Thus Motorola Inc. and Texas Instruments Inc. said they would...
Competitive intelligence in the handset business is, in a sense, an open secret. Everyone is engaged in it to some degree, yet it is rarely discussed publicly. Industry players not only keep their own work secret, they don't want to tip their hand on...
Texas Instruments Inc. last week reported modest gains in the fourth quarter-revenue up 4 percent, profit up 2 percent from the year-ago quarter-but said it will cut 500 jobs to reduce costs as it hunkers down for a period of weak demand by the...
Qualcomm Inc.'s shares jumped briefly after the company reported increases in both its net income and revenues during its first fiscal quarter of 2007, but its stock price quickly dropped down to a steady $38.46 per share after the news.Analysts largely hailed the company's...
Texas Instruments Inc. reported modest gains in the fourth quarter-revenue up 4 percent, profit up 2 percent over the year-ago quarter-but it will cut 500 jobs as it prepares to hunker down for a period of weak chip demand by the mobile phone industry....
Sprint Nextel Corp. has chosen the Chicago and Washington, D.C., metro areas for the first deployment of its WiMAX network, with a rollout that it expected to cover at least 100 million people by the end of 2008. The initial WiMAX markets are supposed...
Thinner, more power, less drain on a handset-no, it's not a supermodel whose New Year' resolution is giving up mobile communications. It's a new mobile memory chip produced by Samsung Electronics Co. Ltd.The South Korean conglomerate announced today that its new, 1 gigabyte, mobile...
News junkies can now use their cell phones to access the latest video reports from Reuters following the company's launch of a free, ad-supported video service. The service is available at mobile.reuters.com and works on smart phones from Nokia Corp., Palm Inc., Research In...
