Broadcom expects slowdown due to geopolitical issues and export restrictions

Broadcom reported revenue of $5,517 million for its second quarter of fiscal year 2019, ended May 5, 2019, a decrease of 4.7 percent from $5,789 million in the previous quarter and an increase of 10.0 percent from $5,014 million in the same quarter last year. Gross margin was $3,089 million, or 56.0 percent of net revenue. Net income, which includes the impact of discontinued operations, was $691 million, or $1.64 per diluted share. This compares...

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VMware to acquire Avi Networks for cloud load balancing

VMware agreed to acquire Avi Networks, start-up offering multi-cloud application delivery services. Financial terms were not disclosed. Avi Networks, which is based in Santa Clara, California, delivers multi-cloud application services including a Software Load Balancer, Intelligent Web Application Firewall (iWAF) and Elastic Service Mesh. Avi’s central control plane and distributed data plane deliver application services as a dynamic, multi-cloud...

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Germany completes 5G spectrum auction, raising EUR 6.5 billion

After 52 days and 497 rounds of bidding, Germany completed its auction for 2 GHz and 3.6 GHz mobile spectrum. A total of 420 MHz was auctioned off for €6.5 billion. Deutsche Telekom was the largest spender and newcomer Drillisch was also successful in acquiring spectrum. "The end of the auction fires the starting gun for 5G in Germany. I'm pleased that four companies have acquired spectrum and will compete to expand the network for 5G. The spectrum...

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IDC: Worldwide Spending on IoT to hit $1.1 trillion in 2023

IDC is predicting booming worldwide spending on the Internet of Things (IoT) with spending exceeding $1.0 trillion mark in 2022 and reaching $1.1 trillion in 2023. A new update to the International Data Corporation (IDC) Worldwide Semiannual Internet of Things Spending Guide shows the compound annual growth rate (CAGR) for IoT spending over the 2019-2023 forecast period will be 12.6%. "Spending on IoT deployments continues with good momentum and...

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AddOn introduces Optical Time Domain Reflectometer tester

AddOn Networks introduced an Optical Time Domain Reflectometer (OTDR) testing solution that detects problems within optical fibers. AddOn’s EON-NSV-OTDR devices rapidly locate and report any faults in an optical fiber link. The solution can be configured to provide real-time monitoring of jitter and latency. AddOn’s new solution also tests the layer-2 and layer-3 services that may be running over it, and includes custom hardware for the generation...

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Renesas develops Processing-In-Memory Technology for AI chips

Renesas Electronics has developed an AI accelerator that performs CNN (convolutional neural network) processing at high speeds and low power to move towards the next generation of Renesas embedded AI (e-AI), which will accelerate increased intelligence of endpoint devices. The company says its first test chip featuring this accelerator has achieved the power efficiency of 8.8 TOPS/W. Renesas developed the following three technologies for the new...

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ADTRAN’s Eric Joyce Elected to FTTH Council Europe as Board Member

Eric Joyce, ADTRAN Business Development Manager for the EMEA Region, has been elected to the FTTH Council Europe as board member and working committee chair. Incoming FTTH Council Board President Kees de Waard said, “We are in a period of technology change and the way this process will be managed will be crucial in ensuring that no citizen is left behind. Eric’s leadership as a member of the board and as the Chair of the Market Intelligence Committee...

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SEOWON offers CBRS 4X4 MIMO Outdoor CPE

South Korea-based Seowon introduced a line of LTE CPEs for the 3.5 GHz, Citizens Broadcasting Radio service (CBRS) market. The company has received FCC Part 96 approval for the devices. Seowan anticipates wide deployments of wireless broadband in fixed wireless access, private LTE, etc.- including an approval of FCC Part 90. Currently, Seowon is performing tests with major telecoms and cooperating with SAS (-Spectrum Access System) suppliers. Seowon...

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