Qualcomm

Rank Company Name % Change 1996 1995 Net Income(000) Net Income (000) 1 Datamarine International Inc. 136.91% $751 $317 2 Specialty Teleconstructors 136.47% $804 $340 3 Brite Voice Systems Inc. 116.58% $8,555 $3,950 4 IFR Systems Inc. 111.51% $4,761 $2,251 …

RANK/COMPANY NAME TOTAL RETURN 1 Brightpoint Inc. 259.88% 2 Tellabs Inc. 169.96% 3 Specialty Teleconstructors 150.00% 4 ADC Telecommunications Inc. 149.00% 5 WinStar Communications, Inc. 132.53% 6 Andrew Corp. 128.50% 7 Tessco Technologies Inc. 124.43% 8 Ericsson (L.M.) Telephone 123.00% …

SINGAPORE-Qualcomm Inc. has signed an agreement with Rostov Electrosviaz of Rostov, Russia, to supply $5.8 million in 800 MHz Code Division Multiple Access fixed wireless loop infrastructure equipment and services. Qualcomm’s CDMA system will be deployed in the Russian region …

SAN DIEGO-Qualcomm Inc. and Ericsson Inc. settled one of several lawsuits pending between the two companies. The agreement, filed June 6 in federal court, resolves the patent infringement lawsuit Qualcomm filed against Ericsson in March. For the seven-month term of …

Telecommunications Techniques Corp. and Clear Communications Corp. formed an alliance to jointly market customer network management, intelligent surveillance and testing solutions for competitive access providers and wireless communications providers. TTC’s test and measurement capabilities will be combined with Clear’s expertise …

Southern California’s emergence as a burgeoning wireless hub was reinforced when yet another new telecom company, Kokusai Communications Systems Inc., opened its world headquarters last month in San Diego. Kokusai Communications is the newest subsidiary of Kokusai Electric Co. Ltd., …

SINGAPORE-An air of triumph permeated last week’s second annual CDMA World Congress as the supporters of Code Division Multiple Access celebrated the past year’s network launches, announced a unified branding plan and prepared to enter the next millennium with a …

TORONTO-Qualcomm Inc. said it signed an 18-month contract to supply Code Division Multiple Access digital handsets to Bell Mobility, a Canadian wireless services provider. Qualcomm values the agreement at $70 million. The agreement includes Qualcomm’s QCP-2700, a digital dual-band, dual-mode …

NEW YORK-Competition from personal communications services companies in the United States is proving to be good news for wireless carriers and their stocks, David A. Freedman, managing director of Bear Stearns & Co. Inc., New York, said June 4. “If …

New lawsuit filed on Motorola patents Motorola Inc. last week filed a new patent infringement lawsuit against Qualcomm Inc. in San Diego federal court, claiming all of Qualcomm’s wireless phones violate Motorola patents. The infringement claims are against Qualcomm’s Code …

Qualcomm Personal Electronics, a division of Qualcomm Inc. and Sony Electronics Inc., reduced its temporary work force in response to a planned transition to new product lines, automated production methods and lowered seasonal demand. About 600 temporary workers are affected …

Globalstar L.P. announced at a signing ceremony it has placed purchase orders by the partners that comprise Globalstar’s limited partnership for 35 Globalstar gateways to be installed around the world. The contracts, totaling approximately $275 million, represent a further commitment …

SAN DIEGO-The OmniTracs division of Qualcomm Inc. announced the sale of its Decision Support Software, Trucking Operation System Local Area Network and TL2000 software products to Sabre Decision Technologies, ITS and TMW Systems, respectively. Terms of the contracts were not …

A new company has been formed to specialize in applying Code Division Multiple Access digital technology to product innovations. Digital Line Inc., headquartered in Santa Clara, Calif., will focus on developing wireless equipment and accessories for manufacturers and wireless carriers, …

NEWBURY, U.K.-Vodafone Group plc and Qualcomm Inc. said they will conduct a field trial in the United Kingdom starting the fourth quarter to demonstrate how Code Division Multiple Access wireless access technology can be integrated into a Global System for …

SAN DIEGO-Qualcomm Inc. last week dedicated Qualcomm Stadium, which is home to the San Diego Chargers, San Diego Padres and San Diego State University Aztecs. Qualcomm paid the city of San Diego $18 million to complete the second phase of …

SAN DIEGO-Qualcomm Inc. filed a complaint in the U.S. District Court in San Diego seeking a judicial determination that Qualcomm does not infringe on three patents held by U.S. Philips Corp. The complaint says a dispute arose from Philips’ contention …

WASHINGTON-The telecommunications industry is preparing to mount a fierce lobbying campaign to support renewing most-favored-nation trade status for China. The debate on China MFN, which has become a ritual this time every year, takes on added significance in light of …

KING OF PRUSSIA, Pa.-InterDigital Communications Corp. has dismissed its chief executive officer, Gregory Webb, after only seven months in the position. Prior to joining InterDigital, Webb was corporate vice president of Qualcomm Inc., where he was responsible for marketing, sales …

Metawave Communications Corp. named Tom Crawford director of product marketing and business development. He will be responsible for maintaining strategic partnerships that provide new sales and marketing opportunities for Metawave’s multibeam antenna systems. Prior to joining the company, Crawford was …

Swedish telecommunications giant L.M. Ericsson is promoting the application of wideband Code Division Multiple Access technology, and recently announced a partnership with Nippon Telephone and Telegraph Corp. of Japan to develop commercial uses for W-CDMA. The announcement has raised a …

DALLAS-Northern Telecom Inc. said it placed more than 80 percent of its customer financing commitments to North American personal communications services operators with a group of more than 20 major financial institutions. The three transactions amounted to about $1.7 billion. …

NEW YORK-With production of handsets now hitting the current 300,000 capacity mark during some weeks, Qualcomm Inc. announced second-quarter earnings and revenues April 21 that showed dramatic growth, while gross profit margins declined. Qualcomm, headquartered in San Diego, reported revenues …

SAN DIEGO-Qualcomm Inc. acquired a 49 percent equity interest in Corporacion Nacional de Radiodeterminacion, a Mexican company that has been the exclusive operator and distributor of Qualcomm’s OmniTracs two-way mobile satellite communications and tracking system in Mexico since 1992. “Consistent …

Qualcomm Inc. announced the U.S. District Court for the Southern District of California has lifted a temporary restraining order that barred the company from commercially producing and selling its Q phone. The court also denied a preliminary injunction requested by …