ZTE Reports 26.5% Revenue Rise in 2011

ZTE Corporation reported operating revenue rose to RMB58.29 billion for the nine months ended September 30, 2011, an increase of 26.5 per cent year-on-year. Net profit attributable to parent company shareholders for the same period was RMB1.07 billion, a year-on-year decline of 21.5 per cent. The decrease is mainly attributable to increased financial expenses. Basic earnings per share for the period were RMB0.31. Revenue from terminal sales increased 53.4 per cent year-on-year, driven mainly by growth in sales of 3G and CDMA terminals, and GSM...

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ARM Discloses First Details of ARMv8 Architecture

ARM unveiled its next generation chip architecture embracing 64-bit processing and extended virtual addressing. The ARMv8 architecture consists of two main execution states, AArch64 and AArch32. The AArch64 execution state introduces a new instruction set, A64 for 64-bit processing. The AArch32 state supports the existing ARM instruction set. The key features of the current ARMv7 architecture, including TrustZone, virtualization and NEON advanced SIMD, are maintained or extended in the ARMv8 architecture. http://www.arm.c...

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NETGEAR Continues Fast Growth - Up 28% YoY

NETGEAR reported net revenue for the third quarter ended October 2, 2011 of$301.8 million, as compared to $236.0 million for the third quarter ended October 3, 2010, and as compared to $291.2 million in the second quarter ended July 3, 2011. Net income, computed in accordance with GAAP, for the third quarter of 2011 was $26.7 million, or $0.70 per diluted share. Patrick Lo, Chairman and Chief Executive Officer of NETGEAR commented, "We are extremely...

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Motorola Mobility Posts Q3 Financials, Xoom Tablet Sales Fall Flat

Motorola Mobility reported net revenues of $3.3 billion in the third quarter of 2011, up 11 percent from the third quarter of 2010. The GAAP net loss in the third quarter of 2011 was $32 million, or $0.11 per share, compared to a net loss of $34 million, or $0.12 per share, in the third quarter of 2010.Mobile Devices net revenues in the third quarter were $2.4 billion, up 20 percent compared with the year-ago quarter. The GAAP operating loss was $41 million compared to an operating loss of $43 million in the year-ago quarter. The company confirmed...

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PMC-Sierra Posts Q3 Revenue of $173 Million, up 7% YoY

PMC-Sierra reported Q3 revenue of $173.3 million, a sequential increase of 1% compared with $171.0 million in the second quarter of 2011, and 7% higher than net revenues of $162.3 million in the third quarter of 2010. GAAP net income was $47.3 million, or $0.20 per diluted share, compared with GAAP net income in the second quarter of 2011 of $16.7 million, or $0.07 per diluted share.“Our third quarter results were solid given the difficult economic environment,�? said Greg Lang, president and chief executive officer of PMC. “While macro concerns...

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AppliedMicro Positions 64-bit ARM "X-Gene" for Next Gen Infrastructure

AppliedMicro introduced its "X-Gene" 64-bit, multi-core ARM architecture for next-generation infrastructure, including cloud computing, wireless infrastructure, enterprise networking, storage and security applications. The new X-Gene multi-core processors leverage high-performance ARMv8 compliant cores operating at up to 3.0 GHz and are designed for full CPU and I/O virtualization in next generation of cloud computing.AppliedMicro said its server-on-a-chip...

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Cool Demo: Cavium's Small Cell Base Station

Cavium's recently introduced small cell “Base Station on a chip�? is being used to deliver eight simultaneous connections, including streaming of five HD videos, at the maximum possible data throughput. This demonstration platform, which was shown at the 4G World show last week in Chicago, consists of a commercially available 4G/LTE client, an OCTEON Fusion Technology based eNodeB base station, Cavium's FusionStack eNodeB software, and a commercial...

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Motorola Solutions Reports Strong Q3, Raises Outlook

Motorola Solutions reported Q3 sales of $2.1 billion, up 10 percent from the third quarter of 2010 and driven by solid demand in all regions across both its Government and Enterprise segments. GAAP operating earnings in the third quarter of 2011 were $253 million or 12 percent of sales, compared to $211 million or 11 percent of sales in the third quarter of 2010. GAAP earnings per share from continuing operations were $0.45, compared to a GAAP loss of $0.04 in the third quarter of 2010.“Our customers continue to invest in solutions that increase...

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FCC Transforms USF/ICC Into "Connect America Fund"

The FCC voted unanimously to approve significant reforms to the Universal Service fund and Inter Carrier Compensation (ICC), while creating a new "Connect America Fund" aimed at extending broadband to rural areas of the country.FCC Chairman Julius Genachowski described the vote as " a once-in-a-generation overhaul of universal service, keeping faith with the nation's long commitment to connecting all Americans to communications services."The FCC...

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Sony to Buyout Ericsson's Share in Sony Ericsson

Sony will pay EUR 1.05 billion in cash to acquire Ericsson's 50 percent stake in Sony Ericsson Mobile Communications AB. The mobile handset vendor will become a wholly-owned subsidiary of Sony when the deal closes in January 2012.Sony said it plans to rapidly integrate smartphones into its broad array of network-connected consumer electronics devices - including tablets, televisions and personal computers. http://www.sonyericsson.comIn 2001, Ericsson...

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PCTEL Works with LightSquared on GPS Interference Solution

LightSquared is working with PCTEL, a developer of antennas, to resolve concerns over high precision GPS receivers. Specifically, PCTEL has developed an antenna that will allow existing high precision users to retrofit their GPS devices to make them compatible with LightSquared's network. This antenna provides high precision GPS users with another in a series of solutions to make their equipment LightSquared-compatible. The design will be tested by Alcatel-Lucent's Bell Labs.LightSquared noted that PCTEL is the third company to collaborate with...

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