Semiconductor

NEW YORK-Lucent Technologies Inc. announced a 46-percent gain in net income, to $3.83 billion, for the fiscal year, and a 42-percent gain in net income per share, to $1.22, excluding one-time charges related to mergers and acquisitions. Net income for …

NEW YORK-Despite its investments in the troubled Iridium L.L.C. satellite carrier, Motorola Inc., Schaumburg, Ill., reported strong third-quarter results Oct. 12 that reflected growth in its wireless handset business. Including one-time charges, the company earned $91 million, or 14 cents …

The popularity of wireless may be contributing to an industrywide shortage of some components used in mobile devices, although device manufacturers may not be feeling the effects just yet. After suffering through a slump during the last several years that …

TOKYO-Motorola Inc. will purchase Toshiba’s interest in Tohoku Semiconductor Corp., Toshiba’s wafer manufacturing joint venture in Sendai, Japan, said the companies. “TSC will support our planned growth by providing important, state-of-the-art wafer manufacturing capacity for Motorola’s embedded DigitalDNA solutions,” said …

NEWPORT BEACH, Calif.-Conexant Systems said it opened a wireless communications research and development center in Shanghai, China, and a sales office in Beijing. The Wireless Communications Development Center will allow the company to transfer technology and provide technical support to …

PALM BAY, Fla.-Harris Corp.’s former semiconductor unit launched its new name and corporate identity. The company’s new name is Intersil Corp. The company appointed Gregory L. Williams president and chief executive officer. Williams said Intersil’s position as a stand-alone semiconductor …

NEW YORK-The Hewlett-Packard Co., Palo Alto, Calif., registered with the Securities and Exchange Commission Aug. 16 to spin off its test and measurement division by taking it public. The unit, given the name of Agilent Technologies Inc., plans to raise …

Lucent Lucent Technologies Inc. introduced software that will turn down transmitter power levels when the user is not speaking into the handset, effectively increasing talk time by extending battery life up to 30 percent. The discontinuous transmission feature will be …

Aeris Aeris Communications Inc. added to its senior management team, naming Peter F. Stone chief financial officer and Patricia E. Hart vice president and general counsel. Aeris also announced Douglas M. Pavicich is its new director of operations. Pavicich will …

SCHAUMBURG, Ill.-Motorola Inc. said it completed its transaction with Texas Pacific Group for the management buyout of a business unit of Motorola’s Semiconductor Products Sector-the Semiconductor Components Group. Under terms of the transaction, Motorola received $1.6 billion in cash, notes …

CUPERTINO, Calif.-Morphics Technology Inc., a privately held company that designs and sells software-programmable/hardware-configurable semiconductor products for the wireless industry, raised $13.5 million in its second round of equity financing. The funds raised through the latest round of financing will be …

AMSTERDAM-Philips Electronics NV released its second-quarter results, reporting a 28-percent drop in net earnings. The Dutch group posted net income of $288 million, down from $400 million in the same quarter last year. The fall in earnings can be attributed …

NEW YORK-Happy days are here again for Motorola Inc., Schaumburg, Ill., which announced second-quarter earnings late July 13 of $273 million, or 44 cents per share. The gains are three cents per share ahead of analysts’ consensus estimates of 41 …

ELite Logistic Services Elite Logistic Services Inc. introduced its PageTrack control module, a wireless automotive security, control and monitoring solution. The system uses SkyTel Communications Inc.’s two-way ReFLEX network, the ReFLEX CreataLink 2 XT two-way data transceiver from Motorola Inc. …

NEW YORK-Motorola Credit Corp. has sold $500 million of euro-denominated bonds paying 6.75 percent interest in order to raise capital for lending money to purchasers of wireless equipment from its parent, Motorola Inc. In its first assessment of Motorola Credit’s …

TOKYO-Hitachi Ltd., Intel Corp., Mitsubishi Electric Corp. and Sharp Corp. agreed to standardize specifications for stacked chip scale packages, a multiple memory module for mobile communications and handheld computing applications. Specifications of S-CSP with flash memory and SRAM chips include …

Nine global wireless companies formed a focus group, called 3G.IP, to promote an Internet Protocol-based wireless system for third-generation technology. The group comprises AT&T, British Telecom, Rogers Cantel, Ericsson, Lucent, Nokia, Nortel Networks, Telenor and Telecom Italia Mobile. Motorola signed …

HILLSBORO, Ore.-TriQuint Semiconductor Inc. filed with the Securities and Exchange Commission a registration statement relating to the proposed offering of approximately 3.8 million shares of its common stock. Three million shares are to be sold by the company and 863,314 …

MELBOURNE, Fla.-In keeping with its strategy to focus exclusively on the worldwide communications equipment market, Harris Corp. announced it is selling its semiconductor business to a subsidiary of Sterling Holding Co. L.L.C., a Citicorp Venture Capital Ltd. investment portfolio company. …

PHOENIX-Motorola Inc.’s Semiconductor Products Sector announced it signed a memorandum of understanding with the Institute for Semiconductor Physics of Frankfurt, Germany, to jointly develop a new wireless platform based on their respective technologies. Under the agreement, the two will combine …

The Semiconductor Industry Association said it is encouraged by President Clinton’s decision to extend Normal Trade Relations with China for another year, and it urged Congress to support the measure. “If Congress fails to support extension of NTR with China, …

NEW BRUNSWICK, N.J.-To move device interconnectivity from enticing theory to practical reality, the new Wireless Research Center of the University of California at Berkeley has formed a bi-coastal collaboration with the Wireless Information Network Laboratory at Rutgers University in New …

Xircom Xircom Inc. announced a new product line called CompactCard, which it said extends wireless connectivity for Windows CE handheld computers. CompactCard is a series of Type II CompactFlash cards that give Windows CE devices access to Ethernet, modem and …

SCHAUMBURG, Ill.-Motorola Inc. last week agreed to a management buyout of its Semiconductor Components Unit in a deal led by Texas Pacific Group, a private investment partnership that specializes in acquisitions. Terms of the proposed transaction call for Motorola to …

VLSI Technology Inc. said it received a major order from Mitsubishi Electric Corp. for its OneCT single-chip Global System for Mobile communications baseband solution. The order is valued at $19 million. Mitsubishi will use the OneCT product in its Trium …