Thursday, February 3, 2022

AWS hits a $71 billion annual revenue run rate

AWS net revenue for Q4 2021 reached $17.780 billion, up from $12.742 billion a year earlier. Operating income for the quarter reached $5.293 billion. For full year 2021, AWS net revenue amounted to $62.202 billion, with operating income of $18.532 billion. The company said AWS is now on a $71 billion per year revenue run rate.During Q4, AWS continued to expand its infrastructure footprint, opening the AWS Asia Pacific (Jakarta) Region and announcing...

Next G Alliance outlines North America's roadmap for 6G

by Benedict Chua, Associate EditorATIS’ Next G Alliance published a Roadmap to 6G report that presents the first 6G vision for North America and describes major steps that industry, government and academia should take to ensure North American wireless leadership for the next decade.ATIS said more than 600 experts from 80 Next G Alliance members representing industry, government and academia came together to create the 43-page report.The following...

Keysight expands 800G test solutions with multimode interfaces

Keysight Technologies expanded its portfolio of 800G test solutions for the optical transceiver ecosystem. The latest addition to Keysight’s existing portfolio of 800G test solutions are new design and validation solutions that support multimode interfaces, which are critical for an energy efficient data center infrastructure. The 800G multimode test solutions uniquely support high-speed data interconnect speeds of up to 100 Gbps.In December 2020,...

Cisco unveils Wi-Fi 6E APs, Private 5G, Catalyst campus switches

by James E. CarrollCisco announced a set of new wireless networking and access innovations designed to power hybrid work, including the following:Wi-Fi 6E (Catalyst 9136 and Meraki MR57) products designed for hybrid business environments requiring capacity that exceeds gigabit performance. Cisco Private 5G: a managed service delivered with global service provider and technology partners, including NTT and Logicalis as the first two announced...

Nokia reports Q4, restores dividends, raises ambitions

Nokia reported Q4 2021 net sales of EUR 6.414 billion, a decline of 5% yoy in constant currency. The company sai strong growth in Network Infrastructure of +10% offset by Mobile Networks at -16%. Gross margin was 39.5%. Profit for the period was EUR 731 million, down 7% yoy. EPS (diluted) was EUR 0.13. The company plans to re-instate a dividend as well as a share buyback program.Pekka Lundmark, president and CEO of Nokia, states: "All our business...

Qualcomm hits record quarterly revenues/EPS

Qualcomm reported record fiscal first quarter revenues of $10.7 billion and record non-GAAP earnings per share of $3.23.  Qualcomm's chipset business had its second consecutive quarter of record performance with revenues of $8.8 billion, EBT of $3.1 billion and EBT margin of 35%. Handset revenues of $6 billion increased 42% year-over-year due to greater than 60% growth in revenues from Snapdragon chipsets for Android devices. Wi-Fi...

Lumentum cites strong demand and supply constraints

 Lumentum reported net revenue for its fiscal second quarter of 2022 of $446.7 million, with GAAP net income of $56.7 million, or $0.75 per diluted share. This compares with net revenue for the fiscal first quarter of 2022 was $448.4 million, with GAAP net income of $81.5 million, or $1.08 per diluted share. Net revenue for the fiscal second quarter of 2021 was $478.8 million, with GAAP net income of $83.2 million, or $1.06 per diluted share....

Nokia commits $400m to new venture growth fund

Nokia has committed $400 million to NGP Capital’s Fund V, which will invest in companies developing emerging 5G use cases for industrial and business transformation. Target investments will be evaluated on product market fit, unit economics and technology leadership. In addition, companies will be assessed on key ESG metrics, to support progress from an environmental, social and governance perspective.NGP Capital is a partner owned, independent venture...

Viavi cites strength in fiber and wireless products

VIAVI reported net revenue of $314.8 million for its second fiscal quarter ended January 1, 2022. GAAP net income was $34.6 million, or $0.14 per share. Non-GAAP net income was $59.3 million, or $0.24 per share."In fiscal Q2, VIAVI delivered its second highest revenue quarter with a record non-GAAP operating margin at 23.3%. Business strength was led by Fiber and Wireless products while 3D Sensing product demand improved during the quarter," said...

SpaceX launches 49 more Starlink satellites

SpaceX successfully launched 49 Starlink satellites to low Earth orbit on a Falcon 9 rocket from Launch Complex 39A (LC-39A) at Kennedy Space Center in Florida. The booster previously launched Crew-1, Crew-2, SXM-8, CRS-23, and IXPE.The Falcon 9’s first stage was recovered on the A Shortfall of Gravitas droneship in the Atlantic Ocean. One fairing half previously supported five Starlink missions, and the other half previously supported Transporter-1...