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Financial ratings wrap-up: Motorola, Alcatel-Lucent, American Tower and more

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors--Credit Suisse First Boston lowered its estimates on Motorola after the company reported fourth-quarter results and weak guidance. New estimates are a...

Smartphones a bright spot for chips: GPS, Wi-Fi, Bluetooth, 3G help in down year

No one can miss the dark clouds streaming overhead, but analysts say that without the expected growth in smartphone sales, those clouds might blot out the sun altogether. Handset sales, of course, drive chip sales, and most analysts have been revising their forecasts downward...

More companies join Symbian Foundation: New members: Acrodea, Brycen, HI Corp., Ixonos, KTF, Opera Software, Sharp, TapRoot Systems and UIQ Technology

SAN FRANCISCO -- Nine more companies have joined the Symbian Foundation as its group members work toward developing an open and complete mobile software platform that will be free for its members.Acrodea, Brycen, HI Corp., Ixonos, KTF, Opera Software, Sharp, TapRoot Systems and UIQ...

Complementary customers, technologies fuse STMicro-Ericsson tie-up

The pressures of the mobile chip business, plus a fit in products and customers, has driven Ericsson Mobile Platforms and ST Microelectronics-NXP Wireless to join forces, the two companies said today.The joint venture, subject to regulatory approvals, combines ST-NXP's 2G/EDGE and 3G offerings with...

Qualcomm sees sunny skies; TI says partly cloudy

Pesky Wall Street.No matter how well you perform, the stock market - understandably, because it reflects investors' view of future prospects - is all about "what's next"?Qualcomm Inc., riding a wave of global demand for W-CDMA-enabled handsets - and strong performances by Samsung Electronics...

NXP and STMicroelectronics create wireless JV

NXP Semiconductors and STMicroelectronics will combine their wireless businesses to compete in a cutthroat environment for chip makers. The two companies said in a statement they would aim to complete the move by the third quarter, subject to regulatory review and "consultations" with labor...

Nokia’s new chip strategy realigns space: STMicroelectronics gets 3G win, EDGE gives Broadcom boost

WHEN A BEHEMOTH SHAKES ITS TAIL, some rise, some fall. The behemoth benefits.That appears to be the upshot of Nokia Corp.'s announcement last week that it had selected four main chipset suppliers for future business. The move boosted some fortunes and cast off others,...

The Week in Review

Welcome to our Friday feature, Week in Review. Every Friday, RCR Wireless News will run through the major events of the past week, outlining what happened and speculating on what to look for in the coming weeks. Check below for news about carriers, handset...

Nokia diversifies chip sources, sheds some R&D

Nokia Corp. is accelerating its research-and-development efforts in software to enable mobile Internet services while scaling back on research and development in chip-based radio technology. In tandem with this strategy, the Finnish company will pursue multiple sources for its chipsets, many bearing its royalty-producing,...

STM releases WiMAX chip, Wavesat aligns with SK Telecom

GENEVA-Chip supplier STMicroelectronics said it's jumping into the WiMAX market with a new offering for WiMAX base stations. The company said it plans to bundle its STW51000 base-station modem system-on-a-chip with a full set of in-house software libraries, including 802.16e software for frequency division...

Weekly wireless ratings wrap-up

The following information includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.

Weekly wireless ratings wrap-up

The following wireless companies received upgrades or downgrades from financial and investment firms this week.Moody's Investors Service assigned a B3 rating to the proposed senior secured credit facilities of Virgin Mobile USA with a positive outlook. The rating reflects the challenging operating environment the...

Weekly wireless company ratings update

The following wireless companies' ratings were changed by financial services companies this week.Standard & Poor's Ratings Service raised its corporate credit and senior unsecured debt ratings on Agilent Technologies Inc. from BB to BB+, citing sustained improvements in the company's profitability and cash-flow generation....

Nokia in CDMA EV-DO talks with SK Telecom subsidiary?

Nokia Corp. is in advanced discussions to purchase CDMA EV-DO phones from the phone-making subsidiary of Korean CDMA carrier SK Telecom, according to a report from Reuters. A Nokia spokesman said the company has made no such announcement and is "unable to comment on...

UWB groups merge

MANHASSET, N.Y.-The WiMedia Alliance said it has merged with the MultiBand OFDM Alliance Special Interest Group.The combined group will be known as the WiMedia Alliance Inc. Both groups plan to interface their complementary protocols for ultra-wideband technology.The combined group, which espouses a multi-band approach,...

Chipmakers slide on financial warnings

SUNNYVALE, Calif.-Chipmakers Advanced Micro Devices Inc. and STMicroelectronics suffered a beating on Wall Street following warnings of sluggish earnings and margins.AMD announced its revenues for the fourth quarter will be up slightly from the $1.2 billion it reported in the third quarter, but its...

Freescale becomes independent company

Freescale Semiconductor Inc., Motorola Inc.'s former semiconductor subsidiary, became a free, independent company following the completion of the spin-off. As a result, Motorola issued its shareholders 0.110415 of a share of Freescale Semiconductor Class B common stock for each outstanding share of Motorola common...

Carrier alliance updates work on mobile-phone interface

LONDON-A global alliance of wireless carriers that is working to define mobile-phone interface standards said it has added new members and outlined its work to date. The Open Mobile Terminal Platform Ltd. group, which includes heavyweights such as Vodafone Group plc, NTT DoCoMo Inc.,...

Carrier alliance updates work on mobile-phone interface

LONDON-A global alliance of wireless carriers that is working to define mobile-phone interface standards said it has added new members and outlined its work to date. The Open Mobile Terminal Platform Ltd. group, which includes heavyweights such as Vodafone Group plc, NTT DoCoMo Inc.,...

STMicroelectronics to bring multimedia processors to Nokia’s Series 60

ESPOO, Finland-STMicroelectronics said its line of multimedia application processors known as Nomadik for third-generation mobile devices will now support Nokia Series 60 Platform.Nomadik allows devices like mobile phones and personal digital assistants to play music, take pictures, record video and host two-way video communications...

Companies submit proposal for next-gen Wi-Fi protocol

A group of companies have come together to submit a proposal to the IEEE for a global 802.11n standard, a protocol described as a next-generation Wi-Fi technology.The proposal, which is based on a hybrid of the OFDM and multiple in, multiple out technologies, is...

STMicroelectronics, Nokia offer specs for camera-phones

HELSINKI, Finland-In an effort to standardize the increasingly popular camera component in mobile devices, Nokia and STMicroelectronics are releasing a new specification for camera modules.The new Standard Mobile Imaging Architecture (SMIA) specification enables mobile handset vendors to work with multiple suppliers to cost-efficiently source...

Nokia, STMicroelectronics offer camera-phone spec

HELSINKI, Finland-In an effort to standardize the increasingly popular camera component in mobile devices, Nokia and STMicroelectronics are releasing a new specification for camera modules.The new Standard Mobile Imaging Architecture (SMIA) specification enables mobile handset vendors to work with multiple suppliers to cost-efficiently source...

Chipmakers sample EV-DV product in Nokia collaboration

DALLAS-Two marquee chipmakers Texas Instruments and STMicroelectronics said they are sampling what they describe as the first standard CDMA2000 1x EV-DV solution.The chips will be embedded in cell phones, personal digital assistants and other mobile devices.EV-DV technology is the next migration step from EV-DO...