Cavendish Kinetics of San Jose CA, USA, which provides RF MEMS tuning solutions for mobile and wearable wireless devices, has closed a $7m funding round, co-led by Tallwood Venture Capital and Wellington Partners, with participation from ...
Tags: MEMS, LTE Smartphones, Electronics
Samsung plans to begin selling a Samsung Galaxy S4 smartphone capable of supporting LTE-Advanced 4G networks -- which offer download speeds that are twice as fast as LTE -- in South Korea this month. No U.S. wireless carrier is ...
Semiconductor giant Intel is the mystery buyer that has emerged for ST-Ericsson's global navigation satellite system (GNSS) business. Intel had been fingered as a possible buyer of the unit, put up for sale when joint owners Ericsson and ...
Tags: Semiconductor, Computer Products
Intel has confirmed that it has signed a definitive agreement to acquire certain assets of the Global Navigation Satellite System business of ST-Ericsson, extending its investments in positioning technology. The financial terms of the ...
Ericsson has announced it plans to close its copper telecoms cable manufacturing facility in Sweden, at the cost of 354 jobs. "The decision is based on the fact that Ericsson's production of telecom cables is small from a global ...
Tags: Ericsson, Consumer Electronics
Europe's Digital Agenda Commissioner on Thursday set out plans for the E.U. to produce more micro- and nano-chips than the U.S. in the next seven years. "I want to double our chip production to around 20 percent of global production. I ...
Tags: EU, US, Race, Computer Products
Jolla, the smartphone start-up established by "refugees" from Nokia, has demonstrated its first reference design, with new devices being released to the public by the end of the year. Although the company is focused on developing the ...
Tags: Smartphone, Apple, Android, Computer Products
Chip maker ST-Ericsson will be wound down as parent companies STMicroelectronics and Ericsson have decided to take over some parts of the company, including LTE modems and application processors, and close or sell the rest. The news comes ...
Tags: Ericsson, ST-Ericsson, Chip maker
The move may lead to 1,600 job cuts. STMicroelectronics and Ericsson have agreed to split their struggling mobile chip joint venture, which was formed in 2008. Both firms failed to seek a buyer for JV, dubbed ST-Ericsson, and decided to ...
Tags: STMicro, Ericsson, mobile chip
"We feel that the slim modem business is not a long-term fit for Ericsson', says Strategy Analytics. Yesterday Ericsson said it would take over the slim modem business of ST-Ericsson and run it as a separate unit. Ericsson said the ...
Tags: Ericsson, Consumer Electronics
Carlo Ferro, formerly COO of ST-Ericsson, is to become CEO of ST-E following the resignation of CEO Didier Lamouche. Before joining ST-E, Ferro was CFO of STMicroelectronics.
Tags: Ericsson, Electrical, Electronics
Today, ST-Ericsson confers with union representatives about the effects of upcoming job cuts as required by French and Italian law. Legally the company is obliged to consult with unions before it takes steps which will involve job cuts. ...
Tags: Ericsson, Consumer Electronics
Renesas will decide whether to sell its mobile chip division during the course of this year, says the company. Selling a mobile chip division is easier said than done. First of all no sane person wants to get into a market where ...
Tags: Renesas, mobile chip division, company news
Reports that STMicroelectronics have failed to find a buyer for ST--Ericsson mean that only one option remains for ST-E and that is closure unless the French government bails it out. Last December ST committed to exiting from the jv by ...
ST-Ericsson's CEO Didier Lamouche has decided to resign from his post as owner Ericsson looks for a way to ensure its future. The news comes following STMicroelectronics' decision in December to exit the joint-venture which was started in ...
Tags: ST-Ericsson, CEO, Didier Lamouche