Freescale Revenues Rise in Q4 to $951 Million

Freescale Semiconductor reported Q4 2009 revenue of $951 million, compared to $893 million in the third quarter of 2009 and $940 million in the fourth quarter last year. The reported loss from operations for the three months ended Dec. 31, 2009, inclusive of $148 million of reorganization costs, was $261 million, compared to a loss of $261 million in the third quarter of 2009 and a loss of $4.17 billion in the fourth quarter of 2008. "Freescale executed well during the fourth quarter and 2009, delivering improving revenue and earnings performance...

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PMC-Sierra's Q4 Revenues Increase 15.4% Year over Year

PMC-Sierra reported Q4 net revenues of$139.5 million, up 15.4% compared with $120.8 million in the fourth quarter of 2008 and up 6.6% compared with $130.9 million reported in the third quarter of 2009. Net income (GAAP) was $15.1 million (GAAP diluted net income per share of $0.06). This compares with GAAP net income of $8.8 million (GAAP diluted net income per share of $0.04) in the fourth quarter of 2008 and GAAP net income of $27.8 million (GAAP diluted net income per share of $0.12) in the third quarter of 2009."In the fourth quarter of 2009,...

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Broadcom Names Ramaswami to Head Enterprise Networking Group

Broadcom has named Rajiv Ramaswami as Executive Vice President & General Manager, Enterprise Networking Group. Mr. Ramaswami was previously at Cisco Systems, Inc. where he most recently served as Vice President and General Manager of Cloud Services and Switching Technology Group. He joined Cisco in 2002 and served as Vice President and General Manager for a variety of Business Units in Optical, Switching, and Storage Networking. Nariman Yousefi, who previously led the Enterprise Networking Group, has transitioned to a new role as Senior Vice...

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Motorola Reports Q4 Sales of $5.7 billion

Motorola reported Q4 sales of $5.7 billion and GAAP earnings in the fourth quarter of 2009 were $142 million, or $0.06 per share. For the full year of 2009, sales were $22.0 billion. The full-year GAAP loss from continuing operations was $0.05 per shareMobile Devices segment sales were $1.8 billion, down 22 percent compared with the year-ago quarter. The GAAP operating loss was $132 million, including $18 million of highlighted items, compared to...

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NSN Posts Q4 Sales of EUR 3.6 billion, up 31% QoQ

Nokia Siemens Networks reported net sales of EUR 3.6 billion, up 31% sequentially and down 16% compared to the same period last year. Non-IFRS gross margin was 30.6%, up 180 bps quarter over quarter. The performance enabled NSN to turn in a full year profit on an operative basis. Fourth quarter 2009 net sales decreased At constant currency, Nokia Siemens Networks net sales would have decreased 17%. Of total Nokia Siemens Networks net sales, services...

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Nokia Sees Growth in Smartphones

Driven by a 17% sequentially jump in mobile device sales, Nokia reported Q4 2009 net sales of EUR 12.0 billion -- up 22% sequentially but still down 5% compared with a year earlier. Nokia's mobile device market share increased, as the industry as a whole shipped an estimated 329 million units during the fourth quarter, up 8%year on year and up 14% sequentially. "We grew our market share in smartphones in the fourth quarter, driven by the successful...

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Harris Stratex Changes Company Name to Aviat Networks

Harris Stratex Networks changed its name to Aviat Networks. The company's ticker symbol will change to AVNW and its common stock will continue to trade on NASDAQ.Since the merger between the Microwave Communications Division of Harris Corporation and Stratex Networks three years ago, the company has transformed itself from a specialized microwave backhaul equipment supplier into a provider of IP wireless network solutions, with a comprehensive of...

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AT&T U-verse Voice Service Reaches 1 Million Lines

AT&T crossed the one million subscriber line milestone for its U-verse digital voice service. The milestone comes two years after AT&T introduced the VoIP service. More than 67 percent of new U-verse TV customers bundle U-verse Voice service. AT&T now has 2.1 million U-verse TV subscribers nationwide.http://www.att....

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AT&T Adds 2.7 million Wireless Subscribers in Q4 2009

In the fourth quarter, AT&T posted a net gain in total wireless subscribers of 2.7 million, the second highest quarterly net add total in the company's history, reflecting rapid adoption of smartphones and emerging devices such as eReaders, netbooks and navigation devices.AT&T's consolidated revenues totaled $30.9 billion in Q4 2009, compared with $31.1 billion in the year-earlier quarter and up slightly from the third quarter of 2009. Net...

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Criminal Charges Dismissed for Broadcom's Founder

A U.S. District court judge dismissed all criminal charges against Henry T. Nicholas III, the co-founder of Broadcom. The judge accused prosecutors of intimidating witnesses.Late last year, the same judge dismissed a case of stock option backdating against Nicholas and former Broadcom Chief Financial Officer William Ruehle.http://cIn June 2008, Henry T. Nicholas III , the co-founder of Broadcom, was indicted on federal narcotics charges that he regularly maintained a supply of ecstasy, cocaine, methamphetamine and other controlled substances for...

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BT Offers Flat Rate Global Video Exchange Pricing

BT Conferencing will offer flat-rate video bridging pricing. This gives customers a more predictable pricing structure when using BT's public video bridging service for their conferencing needs. Customers can choose from two options, the assisted option provides unlimited assisted and self-service video conferences and the self-service option includes unlimited video conferences when customers use BT's Engage web interface for scheduling and launching...

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