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TI, Qualcomm project healthy chip sales

DALLAS-Texas Instruments Inc. honed its financial estimates for the first quarter, projecting a narrower range of solid sales, from $3.22 billion to $3.35 billion, compared with its earlier projection of $3.11 billion to $3.38 billion. TI also estimated earnings per share from ongoing operations...

TI, Qualcomm project healthy chip sales

DALLAS—Texas Instruments Inc. honed its financial estimates for the first quarter, projecting a narrower range of solid sales, from $3.22 billion to $3.35 billion, compared with its earlier projection of $3.11 billion to $3.38 billion. TI also estimated earnings per share from ongoing operations...

DVB-H market gains chip support from Qualcomm, backing from Microsoft

Call it hedging your bets. Qualcomm Inc. said it is developing chipsets based on a rival mobile television standard-Digital Video Broadcasting-Handheld, or DVB-H-even while it works to complete its own MediaFlo network in the United States.Qualcomm is spending about $800 million to build its...

Nokia refocuses CDMA efforts, forms joint venture with Sanyo

Nokia Corp. and Sanyo Electric Co. Ltd. announced they plan to form a joint venture to build CDMA phones. The move likely will have major repercussions for the global wireless industry and stands as evidence that no one company-no matter how successful-can go it...

New year, new acronyms

With a new venue, La Fira Barcelona, and more than 50,000 attendees, this year's 3GSM World Congress combined old and new in a splendid way-and showed once again that the more things change, the more they stay the same.The industry picked up a few...

Nvidia launches mobile TV chip

BARCELONA, Spain-Nvidia Corp. said it plans to unveil a single chip solution that supports mobile TV, music and games. applications at the 3GSM show. The graphics processor technology company said the GoForce 3D 5500 is designed to capitalize on 3G networks and handsets. The...

Newport Media adds $25M to billfold

LAKE FOREST, Calif.-Mobile TV chipmaker Newport Media Inc. said it added $25 million to its funding coffers during a second round of fundraising. The round, led by Oak Investment Partners, brings the company's total funding to more than $36 million. The company said it...

Vendors post mixed 4Q growth, remain cautious on forecasts

Telecom equipment vendors posted fiscal first-quarter results and watched their stocks react accordingly. Thanks in part to a $278 million bankruptcy lawsuit ruling, Lucent Technologies Inc. posted a first-quarter net loss of $104 million, or 2 cents per share.The telecom equipment maker said the...

Sona Mobile gets $3 million boost

NEW YORK-Shuffle Master Inc. made a $3 million private equity investment in Sona Mobile Holdings Corp. via the purchase of 2.3 million shares of common stock, the companies announced. Sona provides secure mobile solutions to the financial, enterprise, entertainment and gaming sectors. Shuffle Master...

Qualcomm guidance raises concerns

SAN DIEGO-While wireless chip titan Qualcomm Inc. posted strong first quarter results, the company's stock slipped slightly downward due to warnings of slowing sales in its second quarter. Qualcomm posted $620 million in net income, or 36 cents per share, for its fiscal fourth...

TeleCIS, FyreStorm and Spotwave announce VC funds

SANTA CLARA, Calif.-Venture capital funds continue to roll over the wireless industry, with two chip companies and an antenna vendor announcing the latest in fundraising. First up, WiMAX chipmaker TeleCIS Wireless Inc. announced it raised $10 million in its third round of funding. The...

Financial Briefs

Qualcomm Inc. announced it has acquired Berkana Wireless Inc., a wireless chip designer, for $56 million in cash. Silicon Valley-based Berkana provides metal oxide semiconductor radio frequency integrated circuits, or RF CMOS chips, to the wireless industry, and Qualcomm said it expects Berkana's technology...

Crown Castle’s TV service gets new name, marketing campaign

Crown Castle International Corp.'s media subsidiary debuted a new name and marketing campaign amid details about its plans to use its tower network and unencumbered spectrum rights to launch live mobile TV in the nation's top 30 markets, including a launch in New York...

RFID chipmaker files for IPO

Human RFID chipmaker VeriChip Corp. said it filed for an initial public offering, but the company did not release information on the number of shares it expects to release or the share price or what it plans to do with the money it raises...

Qualcomm pays $56 million to acquire chip designer Berkana

SAN DIEGO-Qualcomm Inc. announced it has acquired Berkana Wireless Inc., a wireless chip designer, for $56 million in cash. Silicon Valley-based Berkana provides metal oxide semiconductor radio frequency integrated circuits, or RF CMOS chips, to the wireless industry, and Qualcomm said it expects Berkana's...

Crown Castle’s Modeo plans $500 million mobile TV network

HOUSTON-Crown Castle International Corp.'s subsidiary, Crown Castle Mobile Media L.L.C., said it plans to use its tower network and its unencumbered spectrum rights to launch live mobile TV to the nation's top 30 markets. The company also said it plans to deliver video and...

Texas Instruments to buy ZigBee chip firm for $200M

DALLAS-Texas Instruments Inc. plans to purchase ZigBee chip designer Chipcon, which creates chips used in short-range, low-power wireless radio frequency devices such as wireless keyboards. TI said it plans to pay $200 million for Chipcon, which is based in Oslo, Norway. The deal is...

Texas Instruments to buy ZigBee chip company for $200 million

DALLAS-Texas Instruments Inc. plans to purchase ZigBee chip designer Chipcon, which creates chips used in short-range, low-power wireless radio frequency devices such as wireless keyboards. TI said it plans to pay $200 million for Chipcon, which is based in Oslo, Norway. The deal is...

Sprint Nextel, Clearwire seek to swap 2.5 GHz assets

WASHINGTON-Sprint Nextel Corp. and Clearwire Corp. have sought Federal Communications Commission approval of a deal involving the swap of hundreds of broadband radio service channels in the 2.5 GHz band. In documents filed with the FCC and made public last week, the two companies...

Airgo charges EWC delaying .11n standard

The IEEE's November Wi-Fi standards-development meeting came and went without much fanfare, but debate over how to best reach a standard is causing some fireworks. Airgo Networks Inc. said it is disappointed that there was no proposal to vote on at the meeting, and...

NFC vendor Inside Contactless raises $10.6 million

AIX EN PROVENCE, France-Near Field Communications vendor Inside Contactless said it closed $10.6 million in financing.Sofinnova, Vertex Venture Capital and Visa International led the round, while GIMV, Vertex Singapore and Siparex also participated.Inside said it plans to use the funds to expand its business...

Qualcomm, TI see improving chip sales

SAN DIEGO-Chipmakers Qualcomm Inc. and Texas Instruments Inc. both raised revenue forecasts based on improving sales, news that could translate into an improved market for the worldwide mobile-phone industry. First up, Qualcomm raised its revenue expectations and earnings per share forecasts for its first...

Qualcomm, TI see improving chip sales

SAN DIEGO-Chipmakers Qualcomm Inc. and Texas Instruments Inc. both raised revenue forecasts based on improving sales, news that could translate into an improved market for the worldwide mobile phone industry.First up, Qualcomm raised its revenue expectations and earnings per share forecasts for its first...

Alvarion scores African contract

MOUNTAINVIEW, Calif.-Alvarion Ltd. is supplying its BreezeMAX 3500 system to France Telecom affiliate Ikatel, which offers broadband data service in Mali.The deployment includes hundreds of customer premise equipment based on Intel's WiMAX chip that will create a WiMAX network for residential and business users...