CANNES, France-L.M. Ericsson flexed its muscles within and outside the 3GSM Congress with a series of announcements from interoperability testing to deals with carriers and content providers as well as a former semiconductor partner. The Swedish vendor signed a contract …
Infineon Technologies
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OXFORD, United Kingdom-Ericsson has warned the financial market that it may need to invest another 530 million euros (US$520 million) into its cell-phone joint venture with Sony. The company also reported that the venture, after a small profit in the …
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NEW YORK-Shares of LM Ericsson dropped as much as 17 percent on Wall Street on the first day of trading of the company’s $3.14 billion rights offering, indicating many shareholders were selling their rights to buy the new shares. Ericsson …
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MUNICH, Germany—Swedish vendor Ericsson announced the sale of its microelectronic unit to Infineon Technologies for US$379 million in stock, ending industry speculation. “This transaction makes Infineon a strategic supplier of important components for Ericsson in the wireless infrastructure and mobile …
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MUNICH, Germany—Swedish vendor Ericsson AB announced the sale of its microelectronic unit to Infineon Technologies for $379 million in stock, ending industry speculation. “This transaction makes Infineon a strategic supplier of important components for Ericsson in the wireless infrastructure and …
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NEW YORK-Siemens AG’s U.S. business units recorded increases in both sales and orders for the first quarter of fiscal 2000, ended Dec. 31, 1999, compared with the previous year. Sales for the first quarter rose 19 percent from $3.1 billion …