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Amazon's 'Fire' smartphone contains chips from Qualcomm, Samsung, NXP

2014-07-25 05:30:15| Electronics - Topix.net

Amazon.com Inc's new "Fire" smartphone contains chips from Qualcomm Inc, NXP Semiconductors NV, and Samsung Electronics Co Ltd, according to repair and teardown specialists iFixit, which pried one open on Thursday.

Tags: fire samsung chips smartphone

 

Qualcomm warns of licence revenue shortfall in China

2014-07-24 08:17:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported revenues for its fiscal third quarter to June of USD 6.81 billion, up 9 percent from a year earlier and 7 percent more than in the previous quarter. Operating profit rose 24 percent year-on-year to USD 2.08 billion, and net profit was up 42 percent to USD 2.24 billion or USD 1.31 per share. The results were better than the company's outlook, driven by demand for its chips in smartphones. The company however lowered its near-term outlook due to suspected under-reported revenues from licensees in China. Qualcomm estimates 287-296 million 3G/4G devices not reported or not licensed by manufacturers this year compared to its previous sales estimate, leading to a revenue shortfall. Some manufacturers may be delaying taking a licence pending the outcome of the investigation by the Chinese authorities into Qualcomm's business practices. Qualcomm said it's taking steps to address the issue, but it can't give a timetable for a resolution. As a result, the company narrowed its outlook for full-year results to 6-9 percent revenue growth and 1.04-1.13 billion devices shipped, versus a previous estimate of 5-11 percent revenue growth and 1.22-1.30 billion devices shipped. The EPS outlook was improved to 17-21 percent growth, helped by further share buybacks planned for the fourth quarter. 

Tags: china revenue licence warns

 
 

Qualcomm: Why Q3 Earnings Have The Potential To Surpass Expectations

2014-07-22 12:48:14| Semiconductors - Topix.net

Analysts expect QCOM to earn $1.22/share in terms of EPS when the company announces its FQ3 results on July 23. Recent trend behavior could continue well into the second half of the year, if QCOM can meet and/or exceed analysts' earnings expectations for the upcoming quarter.

Tags: to potential expectations earnings

 

I.D. Systems Appoints Former Qualcomm VP, Norman Ellis, as Chief Operating Officer

2014-07-22 06:00:00| Industrial Newsroom - All News for Today

Woodcliff Lake, NJ &ndash; I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless M2M asset management solutions, has appointed industry veteran Norman Ellis to the position of chief operating officer. Mr. Ellis will be responsible for I.D. Systems&rsquo; customer-facing operations, including sales, marketing, customer service, implementation and support.<br /> <br /> Prior to joining I.D. Systems, Mr. Ellis spent 16 years at Omnitracs, a leading provider of fleet management ...

Tags: systems operating chief officer

 

Taiwan's TSMC likely to lose Apple, Qualcomm orders to Samsung: reports

2014-07-17 06:19:21| Semiconductors - Topix.net

Taiwan Semiconductor Manufacturing Co Ltd is likely to lose orders for its next-generation chips from Apple Inc and Qualcomm Inc to rival Samsung Electronics Co Ltd, according to an analyst and Taiwanese media.

Tags: reports orders samsung apple

 

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