Rising sales of smartphones and tablets boosted profit at touchscreen chipmakers Cypress Semiconductor and Synaptics Inc even as their traditionally strong PC market continued to slow down.
Cypress Semiconductor gave a blowout forecast for the current quarter as it expects its touchscreen business to double in 2011.
Technology firms such as LG Electronics are moving toward adopting the Linux-based MeeGo operating system after Nokia abandoned it, one of the project's leaders said.
Open-source MeeGo was created last year by the merger of Nokia and Intel's Linux-based platforms, but Nokia pulled back from the project in February when the Finnish firm said it would focus on Microsoft software instead.
Multi-service Carrier Ethernet access and demarcation solutions provider Telco Systems announced Wednesday that it has acquired the major assets and intellectual property of ANDA Networks in an all-cash transaction. The acquisition allows the company to offer a complete range of Carrier Ethernet access, edge, aggregation and mobile backhaul solutions.
ANDA is a provider of Carrier Class Ethernet and wireless backhaul platforms that deliver cost-effective MEF-certified Metro Ethernet services over fiber, copper and wireless backhaul networks.
AT&T Inc survived the loss of its exclusive U.S. rights to sell the Apple Inc iPhone.
The No. 2 U.S. mobile service provider, which is planning to buy T-Mobile USA, eked out a slight increase in subscribers in the first quarter, surprising Wall Street, though some analysts said the growth came at too high a cost.
Its net addition of 62,000 contract customers in the quarter was much weaker than its fourth-quarter growth of 400,000 but better than the loss of 83,000 customers expected, on average, by seven analysts polled by Reuters.
Bright House Networks, the sixth largest owner and operator of cable systems in the U.S., announced today that it has deployed the Cisco ASR 9000 Series Aggregation Services Routers as its Carrier Ethernet platform to deliver enhanced video, data, voice and mobile backhaul services throughout its converged network.
MegaFon is building a country-wide IP mobile backhaul network to reduce costs, increase network capacity and ensure smooth migration from legacy technology to an all-IP transport platform. The operator has signed up Nokia Siemens Networks in one of Russia’s most significant systems integrator deals.
Cellphone maker Sony Ericsson is suffering component shortages following the Japanese earthquake and has roped in its bigger parents to give it more muscle in the fight for supplies with bigger rivals.
Chief Executive Bert Nordberg said there were shortages of displays, batteries, camera modules and some printed circuit boards due to the March 11 quake, adding the problem was stabilizing but would definitely have a bigger impact in the second quarter.
Ericsson today entered an agreement to acquire Telenor Connexion's M2M (machine-to-machine) technology platform. The acquisition follows Ericsson's ambition to drive the market for M2M communication, adding valuable technology and know-how from eleven employees that will be transferred as part of the deal.
Telenor Connexion is wholly owned by Telenor Group, one of the world's major mobile operators with 203 million mobile subscribers.
Sprint today unveiled several progressive initiatives building on Sprint’s environmental work in the wireless industry, including upcoming availability of the Samsung Replenish from Samsung Telecommunications America (Samsung Mobile). Samsung Replenish, an Android touch QWERTY smartphone enabled with Sprint ID, will be available on May 8 for $49.99 with a two-year service agreement and new-line activation or eligible upgrade.
Mobile operators AT&T and Sprint have recently struck deals with cellular embedded module vendors to provide modules for M2M (machine-to-machine) application developer partners at discounted rates. Their goal is to encourage app developers to embrace 3G -- and now 4G -- M2M modules.