BROWSING: RF Micro Devices
Consolidation hits wireless chip makers
The quest for scale and intellectual property appear to be motivating chip companies to consolidate, with three transactions announced this week.
Qualcomm buys RF specialist
Qualcomm has purchased Austin's Black Sand, which makes power amplifiers for mobile devices. The purchase price was not disclosed. In the...
Triquint, RFMD to merge: exclusive interview
Two leading makers of radio frequency solutions announced plans to merge operations in a deal expected to create a $2 billion powerhouse in the device RF space. RF Micro Devices (RFMD) and Triquint (TQNT) announced their merger yesterday at the Mobile World Congress 2014...
Financial ratings wrap-up: Sprint Nextel, TDS, Syniverse and more
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers lowered its EPS estimates on Sprint Nextel to break even from 42 cents for 2008 and to 18 cents from 37 cents for...
Qualcomm snares RF Micro’s Bluetooth assets
SAN DIEGO-Qualcomm Inc. reported plans to acquire RF Micro Devices Inc.'s Bluetooth-related assets for $39 million in cash. Qualcomm said that the acquisition, which focuses on Greensboro, N.C.-based RF Micro Device's Bluetooth-related intellectual property and team in San Diego, would enhance its ability to...
Sizing up the semiconductor beast
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...
RF Micro to divest Jazz Semiconductor stake
GREENSBORO, N.C.-RF Micro Devices Inc. said it plans to sell its equity interest in Jazz Semiconductor for between $24 million and $27 million in cash. The company is divesting its interest in Jazz due to the pending merger of Jazz with a subsidiary of...
RF Micro to divest Jazz Semiconductor stake
GREENSBORO, N.C.—RF Micro Devices Inc. said it plans to sell its equity interest in Jazz Semiconductor for between $24 million and $27 million in cash. The company is divesting its interest in Jazz due to the pending merger of Jazz with a subsidiary of...
Report: RF Micro Devices hit by cancellations from Nokia, Motorola
GREENSBORO, N.C.—Those pesky, detail-oriented analysts and emotional stock traders sent ripples through the market yesterday and today as news circulated that RF Micro Devices Inc.’s two largest customers—Nokia Corp. and Motorola Inc., which happen to be the two largest handset vendors in the world—may...
Industry cheers increases in Nokia’s sales forecasts
HELSINKI, Finland-Nokia Corp. sent ripples through the mobile-device industry by raising its 2006 growth estimate for global handset sales from 10 percent to 15 percent "or more" over last year. The statement was delivered by Jorma Olilla, Nokia's outgoing chairman and chief executive officer,...
Industry cheers increase in Nokia’s sales forecasts
HELSINKI, Finland—Nokia Corp. sent ripples through the mobile device industry by raising its estimate of global handset sales for this year from 10 percent to 15 percent "or more" over last year. The statement was delivered by Jorma Olilla, Nokia’s outgoing chairman and chief...
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...
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...
RFMD expands in China
GREENSBORO, N.C.-RF Micro Devices Inc. said it plans to expand its Chinese assembly operations to increase internal assembly capacity by about 50 percent. The company said by increasing its internal assembly capacity it will strengthen its supply chain and reduce manufacturing costs. The expansion...
Skyworks expects revenues at low end of guidance
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...
Industry enjoys upbeat long-term outlook
According to most industry observers, all systems are go in the worldwide wireless industry. Predictions show significant sales opportunities in emerging markets like India, where handset costs are plummeting below $50, and some carriers have figured out how to make money from $5-per-month service...
Nokia raises revenue, EPS expectations on strong phone sales
ESPOO, Finland-Nokia Corp. raised its revenue expectations due to what the company said were stronger-than-expected sales of mobile phones. Nokia's stock jumped almost 4 percent on the announcement to $16.71 per share. Nokia increased its revenue expectations by about $350 million to around $10.4...
Nokia raises revenue, EPS expectations on strong phone sales
ESPOO, Finland-Nokia Corp. raised its revenue expectations due to what the company said were stronger-than-expected sales of mobile phones. Nokia's stock jumped almost 4 percent on the announcement to $16.71 per share.Nokia increased its revenue expectations by about $350 million to around $10.4 billion....
Motorola could cut EDGE from initial shipments of new phones
Motorola Inc. may cut EDGE technology from the initial shipments of its forthcoming handsets-including the highly anticipated Pebl and Slvr models-due to problems with chips from supplier RF Micro Devices Inc. Motorola earlier this year promised that its forthcoming Pebl and Slvr devices would...
Weekly wireless ratings wrap-up
Following is a list of public wireless companies that have had ratings changes and investment notes from investment-banking and financial firms this week.
RF Micro Devices set to exceed expectations, says Lehman
Investors cheered a report that predicted chipmaker RF Micro Devices Inc. is scoring additional business with the likes of Motorola Inc. and Nokia Corp. and that the company likely would exceed its expectations for the coming quarter.RF Micro Devices' stock was up almost 8...
Anadigics, RFMD supply power amps to handset makers
WARREN, N.J.-Anadigics Inc. said it is shipping production volumes of GSM/GPRS and W-CDMA power amplifiers to UTStarcom Inc. for its GW200 handset. UTStarcom unveiled its GW200 dual-mode handset at Supercomm this year. The handset provides support for W-CDMA, GSM and GPRS and features MP3...
RF Micro Devices raises quarterly guidance
GREENSBORO, N.C.-RF Micro Devices Inc., which provides proprietary radio frequency integrated circuits for wireless applications, increased its guidance for its fiscal 2006 first quarter ended June 30. RF Micro Devices said it had stronger than expected order activity for its power amplifiers, transceiver chipsets...
RFMD reiterates guidance, expects cellular biz growth
GREENSBORO, N.C.-RF Micro Devices Inc. reiterated the financial guidance it provided earlier this year for the first quarter ending June 30 as well as for the full year.The company said it expects first-quarter revenue in the mid-$150 million range, as well as a pro...
Motorola likely to rely more on RF Micro Devices chips
NEW YORK-No. 2 mobile-phone maker Motorola may rely more heavily on RF Micro Devices Inc. for its mobile phone chips as the company works to trim its supply chain. Investment banking firm Piper Jaffray pointed to RF Micro Devices' increased operating expenses in the...