Sunday, July 21, 2024

PhotonDelta extends from Netherlands to Silicon Valley

PhotonDelta, a photonic chip accelerator based in Eindhoven, Netherlands, has announced the opening of a new office in Silicon Valley. This move is part of PhotonDelta’s strategy to foster collaboration between European and North American organizations, both of which are leaders in the emerging field of photonic chip technology. The expansion aims to boost the photonic chip industry by leveraging the strengths of both regions to overcome the limitations of traditional semiconductor technology, thereby accelerating innovation in AI and other advanced applications.

Photonic chips are crucial for developing smaller, faster, and more energy-efficient devices, which are essential for sustainable advancements in AI. These chips not only enhance data center performance and reduce energy consumption but also hold significant potential for quantum computing and sensing solutions in various sectors such as healthcare, agriculture, and automotive. To support these innovations, PhotonDelta has secured $1.2 billion in funding to run numerous R&D programs, lead international roadmapping activities, and invest in pioneering startups that utilize photonic integrated circuit (PIC) technology.

PhotonDelta’s new North American hub will bring the Netherlands’ world-class photonic chip capabilities to North American organizations. The PhotonDelta ecosystem includes over 70 organizations, forming a complete value chain from design services to multiple foundries for photonic chip fabrication, packaging, assembly, and testing. This ecosystem also comprises an increasing number of fabless companies that use PIC technology for innovative solutions. Jorn Smeets, Managing Director North America at PhotonDelta, emphasized the importance of this expansion in connecting know-how, expertise, networks, and funding between North America and the Netherlands.

Key Points about PhotonDelta:

• Founded: Based in the Netherlands

• Funding: $1.2 billion to support R&D programs and invest in startups

• Platforms: Indium Phosphide (InP), Silicon Nitride (SiN), and a pilot line for Silicon Photonics (SiPh)

• InP PICs: Ideal for communication and sensing applications

• SiN PICs: Suited for detectors, spectrometers, biosensors, and quantum computers

• SiPh PICs: Used in photonic circuits compatible with CMOS fabrication

• Packaging Partner: PHIX

Keysight automates PCIe and UCIe chiplet design

Keysight Technologies introduced PCIe Designer, a new addition to its Advanced Design System (ADS) suite, designed to support simulation workflows for high-speed, high-frequency digital designs. This intelligent design environment is tailored for modeling and simulating the latest Peripheral Component Interconnect Express (PCIe) Gen5 and Gen6 systems. Additionally, Keysight has enhanced its electronic design automation (EDA) platform by upgrading the Chiplet PHY Designer tool to estimate chiplet die-to-die link margin performance and Voltage Transfer Function (VTF) compliance.

PCIe is a critical interface standard in the electronics industry, known for its high-speed data transfer, scalability, and adaptability. Its applications range from consumer electronics to high-performance computing and critical infrastructure systems. Keysight’s new PCIe Designer and enhanced Chiplet PHY Designer aim to simplify complex design processes and ensure compliance, thereby improving productivity and reducing time-to-market.

Key Features and Enhancements:

  • PCIe Designer:
  • Automates setup for multi-link, multi-lane, and multi-level (PAM4) PCIe systems.
  • Simplifies simulation setup, reducing time-to-first-insight.
  • Facilitates quick AMI model generation for system analysis.
  • Supports NRZ and PAM4 modulations with wizard-driven AMI model generation for transmitters (Tx) and receivers (Rx).
  • Streamlined, simulation-driven virtual compliance testing to ensure design quality and reduce design costs.
  • Chiplet PHY Designer Enhancements:
  • First simulation solution for Universal Chiplet Interconnect Express (UCIe) standards.
  • Predicts die-to-die link margin, VTF for channel compliance, and forwarded clock capability.
  • New design exploration and report generation features for accelerated signal integrity analysis and compliance verification.

Global IT Outage: Crowdstrike Root Cause Analysis still Pending

A faulty update from Crowdstrike on Friday morning impacted IT systems worldwide dependent on Microsoft Windows machines. The outage, which has been described at the largest global IT outage to worldwide, led to the severe disruption of businesses, government functions,  and health services.

By the weekend, most systems appeared to have been restored, however a technical root cause analysis as to how the faulty release made it past QA points, had yet to be published by the company.

Statement from George Kurtz, CEO of CrowdStrike

“CrowdStrike is actively assisting customers affected by a defect identified in a recent content update for Windows hosts. This issue does not impact Mac or Linux hosts and is not related to a security incident or cyberattack. We have identified and isolated the problem, and a fix has been deployed. We advise customers to check the support portal for the latest updates and to continue monitoring our website for comprehensive and ongoing information. We also recommend that organizations communicate with CrowdStrike representatives through official channels to ensure they receive accurate information. Our team is fully mobilized to guarantee the security and stability of our customers’ systems.”

Tech Update page from CrowdStrike:

About CrowdStrike

CrowdStrike was founded in 2011 by George Kurtz, Dimitri Aliev, and Glenn Gerber, with headquarters in Austin, Texas and major office in Sunnyvale, California.

Major Revenue-Producing Services

CrowdStrike's major revenue-producing services include:

1. Falcon endpoint protection: A cloud-native endpoint security solution that provides real-time threat detection and response.

2. Falcon Intelligence: A threat intelligence platform that provides customers with insights into emerging threats and attack trends.

3. CrowdStrike Services: A team of security experts who provide incident response, threat hunting, and security consulting services to customers.

4. Cloud Security: A cloud-based security solution that provides customers with secure access to cloud-based applications and data.

CEO and Background

George Kurtz is the CEO of CrowdStrike. He has over 30 years of experience in the technology industry, with a focus on cybersecurity. Prior to founding CrowdStrike, Kurtz was the CEO of Foundstone, a leading provider of security services, which was acquired by McAfee in 2006.

Financial Performance

CrowdStrike has experienced rapid growth in recent years, driven by the increasing demand for advanced cybersecurity solutions. Here are some highlights from their financial performance:

  • In 2023, Crowdstrike's revenue was $3.1B.
  • In 2022, Crowdstrike's revenue was $2.2B.

Major Clients and Partners:

  • CrowdStrike has a diverse customer base across various industries, including:
  • Government agencies: The US Department of Defense, the National Security Agency (NSA), and the Federal Bureau of Investigation (FBI).
  • Fortune 500 companies such as Microsoft, Uber, and Netflix.
  • Healthcare providers: Organizations such as the Stanford Health Care System and the University of California, San Francisco (UCSF) Medical Center.

Some of CrowdStrike's notable partnerships include:

  • Microsoft: A strategic partnership to integrate CrowdStrike's Falcon endpoint protection with Microsoft's Azure Active Directory.
  • IBM: A partnership to integrate CrowdStrike's Falcon endpoint protection with IBM's Watson for Cybersecurity platform.
  • NVIDIA: A partnership to combine CrowdStrike's threat intelligence with NVIDIA's graphics processing unit (GPU) technology for AI-powered threat detection.

Aire Networks picks Nokia Mobile Core in Spain

Aire Networks has partnered with Nokia to modernize its network in Spain, aiming to improve customer experience through expanded coverage, faster data speeds, and enhanced reliability. The deal includes Nokia’s voice core, packet core, subscriber data management, policy control, and signaling solutions, which will increase network capacity and support Aire’s network evolution to unlock new services and business models.

Key Points:

  • Network Enhancement: Expanded coverage, faster data speeds, and improved reliability.
  • Comprehensive Solutions: Includes Nokia’s voice core, packet core, subscriber data management, policy control, and signaling.
  • Increased Capacity: Solutions designed to boost network capacity.
  • New Services: Enables faster time to value and new revenue streams.
  • Network Management: Aire Networks will use Nokia’s MantaRay NM for optimized network monitoring and management.
  • Existing Infrastructure: Integration with current Nokia products like Switching Fabric.

Brightspeed picks Ribbon for Network Upgrade

Brightspeed, one of the nation’s largest fiber builders, selected Ribbon Communications' network infrastructure while ensuring uninterrupted services for existing customers. The deployment includes Ribbon’s C20 Call Controller, Application Server, SBC, PSX centralized policy and routing server, and Ribbon Application Management Platform (RAMP).

  •  Infrastructure Upgrade: Replacement of power-hungry legacy equipment with efficient, next-generation technology.
  •   Operational Efficiency: The new infrastructure will use less power, HVAC, and real estate while offering enhanced capabilities.
  •   Long-term Reliability: Ensures Brightspeed’s network remains reliable without impacting operational or billing systems.
  •   Professional Services: Ribbon’s top-tier services make the deployment seamless for customers and regulatory bodies.

Saturday, July 20, 2024

Ericsson and OPPO sign multi-year global patent agreement

 Ericsson and OPPO have inked a multi-year global patent cross-license agreement, covering essential patents for cellular technologies, including 5G. This deal involves OPPO, a leading smartphone vendor, making royalty payments to Ericsson, with additional cooperation on 5G projects such as device testing, customer engagements, and marketing activities.

This agreement, which aligns with global practices for licensing cellular 3GPP standards, reflects in Ericsson's Q2 2024 financial results. Ericsson, a major contributor to global mobile standards and a leader in 5G technology, has a patent portfolio of over 60,000 granted patents and invests more than SEK 45 billion annually in R&D.

- Multi-year global patent cross-license agreement

- Covers essential patents for cellular technologies, including 5G

- OPPO to make royalty payments to Ericsson

- Cooperation on 5G projects: device testing, customer engagements, and marketing

- Agreement aligns with global 3GPP standards practices

- Financial impact reflected in Ericsson's Q2 2024 results

- Ericsson holds over 60,000 granted patents and invests SEK 45 billion annually in R&D

Thursday, July 18, 2024

Amphenol to acquire CommScope’s Mobile Business for $2.1B

Amphenol agreed to acquire CommScope’s mobile networks businesses for $2.1 billion in cash, subject to customary post-closing adjustments. The acquisition includes CommScope’s Outdoor Wireless Networks (OWN) segment and the Distributed Antenna Systems (DAS) business from CommScope’s Networking, Intelligent Cellular, and Security Solutions (NICS) segment. These businesses are projected to generate full-year 2024 sales of approximately $1.2 billion with EBITDA margins around 25%.

CommScope's Mobile Business offers a wide range of products and solutions, including:

  • Antennas and active antennas: Designed for Base Stations (BS), Remote Radio Units (RRUs), and Massive MIMO applications.
  • Active and passive DAS (Distributed Antenna System) components: For indoor and outdoor distributed antenna systems.
  • Fiber and coaxial cables: For backhaul and fronthaul networks.
  • Networking and switching products: For LTE and 5G networks, including baseband units, router switches, and network management systems.
  • Small Cells: For indoor and outdoor small cell deployments.
  • IoT solutions: For IoT connectivity and management.

In addition, CommScope's Mobile Business provides a range of services, including network planning, installation, commissioning, and maintenance/support. It's customers include:

  • Mobile Network Operators (MNOs): such as Verizon, AT&T, T-Mobile, and Vodafone.
  • Mobile Network Equipment Manufacturers (OEMs): such as Ericsson, Huawei, and Nokia.
  • Tower Cos.: such as American Tower, Crown Castle, and SBA Communications.

Amphenol plans to finance the acquisition using a combination of cash on hand and debt. The deal is expected to be accretive to Amphenol’s Diluted Earnings Per Share in the first full year after closing, excluding acquisition-related costs. The transaction is anticipated to close in the first half of 2025, pending customary regulatory approvals and closing conditions.

Key Points:

  • Acquisition Cost: $2.1 billion in cash.
  • Business Segments: Outdoor Wireless Networks (OWN) and Distributed Antenna Systems (DAS).
  • Financial Impact: Expected 2024 sales of $1.2 billion and EBITDA margins of 25%.
  • Financing: Combination of cash on hand and debt.
  • Closing Timeline: Expected in the first half of 2025.
  • Earnings Impact: Accretive to Amphenol’s Diluted EPS in the first full year post-closing.

“We are excited by the prospect of adding CommScope’s mobile networks businesses and their approximately 4,000 talented employees to the Amphenol family,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt. “CommScope provides mobile networks solutions, with advanced technologies in the areas of base station antennas and related interconnect solutions, as well as distributed antenna systems. In particular, we are encouraged that the businesses we are acquiring make up the former Andrew Corporation portfolio of products, a company with a rich history of innovation and technology leadership in the wireless industry. We look forward to supporting customers who are developing next-generation wireless networks around the world with these advanced solutions as well as our own existing complementary products. Finally, this acquisition further supports Amphenol’s long-term growth and balanced end market exposure across all areas of the electronics market.”

Over the years, CommScope's mobile business has grown through a series of strategic acquisitions over the yearss:

  • Andrew Corporation (2011): CommScope acquired Andrew Corporation, a leading provider of wireless network infrastructure solutions, for $2.6 billion. This acquisition expanded CommScope's portfolio of products and solutions for wireless network operators.
  • IBA GmbH (2013): CommScope acquired IBA GmbH, a German-based provider of passive wireless network infrastructure products, for an undisclosed amount. This acquisition strengthened CommScope's presence in the European market.
  • RFMD (2015): CommScope acquired RFMD, a leading provider of radio frequency (RF) and microwave components, for $2.7 billion. This acquisition expanded CommScope's portfolio of RF and microwave products, which are used in wireless network infrastructure.
  • Telxon Corporation (2015): CommScope acquired Telxon Corporation, a leading provider of wireless network infrastructure solutions, for an undisclosed amount. This acquisition expanded CommScope's portfolio of wireless network infrastructure products and solutions.

In addition to these acquisitions, CommScope has also invested in developing its own products and solutions for the mobile market, including:

  • Small cells and femtocells: CommScope offers a range of small cell and femtocell products that enable wireless network operators to deploy dense networks and improve indoor coverage.
  • Active antennas: CommScope's active antennas are used to amplify and direct wireless signals, improving network performance and efficiency.
  • Microwave backhaul: CommScope's microwave backhaul solutions enable wireless network operators to transmit large amounts of data between cell sites, reducing latency and improving network performance.

Here are some key metrics from CommScope's recent annual reports:


2020: $1.35 billion ( Mobile segment revenue accounted for approximately 33% of the company's total revenue)

2019: $1.33 billion (Mobile segment revenue accounted for approximately 35% of the company's total revenue)

2018: $1.23 billion (Mobile segment revenue accounted for approximately 38% of the company's total revenue)

Operating Profit

2020: $274 million (Mobile segment operating profit accounted for approximately 20% of the company's total operating profit)

2019: $284 million (Mobile segment operating profit accounted for approximately 21% of the company's total operating profit)

2018: $275 million (Mobile segment operating profit accounted for approximately 22% of the company's total operating profit)

Taiwan's GlobalWafer lands $400M in CHIPs Act funding for Texas fab

The U.S. Department of Commerce has announced a proposed investment of up to $400 million in direct funding under the CHIPS and Science Act to support GlobalWafers in constructing new wafer manufacturing facilities. This investment is expected to create 1,700 construction jobs and 880 manufacturing jobs, with total capital expenditures projected to be around $4 billion across Texas and Missouri.

Key Points

  • Sherman, Texas: GlobalWafers will establish the first 300mm silicon wafer manufacturing facility in the U.S. for advanced chips, crucial for leading-edge, mature-node, and memory chips production.
  • St. Peters, Missouri: A new facility will produce 300mm silicon-on-insulator (SOI) wafers, enhancing performance in harsh environments and serving the defense and aerospace sectors.
  • Sherman, Texas Expansion: Conversion of part of the existing silicon epitaxy wafer manufacturing facility to produce 150mm and 200mm silicon carbide (SiC) epitaxy wafers, essential for high-voltage applications like electric vehicles and clean energy infrastructure.

The funding will also support the following workforce development initiatives:

  • Texas: GlobalWafers is involved with the Southern Methodist University-led Texoma Tech Hub and the North Texas Semiconductor Workforce Development Consortium. They are also partnering with local schools to establish an electronics lab for targeted training.
  • Missouri: MEMC is developing an apprenticeship program with the National Institute for Industry and Career Advancement (NIICA) and collaborating with St. Charles Community College on the MegaTech program for dual-enrolled high school students.

Overview of GlobalWafers

GlobalWafers is a Taiwan-based company that specializes in the production of silicon wafers, a critical component in the manufacturing of semiconductors and solar panels. Headquartered in Tainan, Taiwan, the company was founded in 1991 and has since grown to become one of the largest silicon wafer manufacturers in the world. GlobalWafers' major products include high-purity silicon wafers, epitaxial wafers, and solar wafers, which are used in a wide range of applications, including electronics, automotive, and renewable energy. The company operates a global network of manufacturing facilities, including those in Taiwan, Japan, South Korea, and the United States. In terms of financial performance, GlobalWafers has reported consistent growth in revenue and profitability in recent years, with revenue reaching NT$44.3 billion (approximately USD $1.5 billion) in 2020 and net income reaching NT$10.3 billion (approximately USD $350 million).

Update on CHIPs for America

With this funding, CHIPS for America has announced up to $30.1 billion in proposed funding across thirteen preliminary memoranda of terms aimed at revitalizing the U.S. semiconductor industry. These investments are expected to unlock more than $300 billion in public and private investment by the end of the decade, marking the largest investment in new production in the history of the U.S. semiconductor sector.

Earlier this year, Secretary Raimondo projected that the U.S. will produce 20% of the world’s leading-edge chips by the end of the decade, reducing vulnerability to supply chain disruptions. The Semiconductor Industry Association reported that America is on track to triple its domestic semiconductor manufacturing capacity from 2022 to 2032, reflecting the impact of the CHIPS and Science Act.

Key milestones:

  • Four of the world’s five leading-edge semiconductor companies are expanding in the U.S., a unique position globally.
  • The Department of Commerce has received over 670 statements of interest and more than 230 pre-applications and full applications for NOFO 1, along with 160 small supplier concept plans for NOFO Ongoing rigorous evaluation of applications aims to advance U.S. national and economic security, attract private capital, and deliver economic benefits.
  • The recent announcement with GlobalWafers marks the thirteenth PMT announcement under the CHIPS and Science Act, with more expected throughout 2024.

These efforts underscore America’s commitment to bolstering its semiconductor industry and securing its innovation capacity against future disruptions. 

Intel licenses 800G transceiver designs to Source Photonics

Source Photonics has entered into a licensing agreement with Intel to utilize Intel’s 800G transceiver designs, including its silicon photonics chipset. This collaboration will enable Source Photonics to deliver 800G OSFP transceivers, catering to large-scale data center and AI infrastructure deployments. By integrating Intel’s silicon photonics-based solutions with Source Photonics’ in-house EML-based 800G transceiver modules, customers will have access to two distinct 800G designs and manufacturing lines within one company. This partnership aims to enhance supply chain security and increase volume capacity.

“We are excited about this collaboration with Intel,” said John Wang, CEO of Source Photonics. “Our proven transceiver manufacturing expertise, combined with the highvolume, highly reliable silicon photonics technology from Intel, will create enormous value for our customers.”

“This collaboration between Intel and Source Photonics to leverage our transceiver design IP and bring to market products using Intel’s silicon photonics chipset is a validation of our new strategy,” said Amit Nagra, VP/GM, Integrated Photonics Solutions at Intel. “As we build upon our strong track record of silicon photonics shipments of over 8 million units to date and continue to develop new silicon photonics technology and products for the data center market, collaborations such as this become increasingly relevant.”

Video: $30 Million Boost for AI Networking Software

Arrcus just closed a significant new investment of $30 million from Prosperity7 Ventures, NVIDIA, Lightspeed, Hitachi Ventures, Liberty Global, Clear Ventures, and General Catalyst.  Why the interest in a networking software start-up in Silicon Valley?

Shekar Ayyar, CEO from Arrcus explains:

- Arrcus networking through ArcOS enables efficient distributed compute infrastructure for AI processing

- ArcOS combined with Nvidia's Bluefield DPUs offloads networking functions, freeing up cycles for more efficient AI

- Arrcus extends AI architecture from clustered GPUs to racks, data centers, edge, telco infrastructure, and cloud through a flexible distributed networking fabric

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Netskope Integrates with OpenAI’s ChatGPT for Security

 Netskope, a leader in Secure Access Service Edge (SASE), has announced its integration with OpenAI’s ChatGPT Enterprise Compliance API. This collaboration aims to enhance security and compliance for enterprise organizations using generative AI (genAI) applications. Through this integration, the Netskope One platform provides advanced security features, including application visibility, robust policy enforcement, data security, and comprehensive security posture management.

Netskope raises $300 million for SASE

Netskope said it has observed a significant increase in genAI application usage, tripling since last year, prompting organizations to reassess their data protection strategies. The integration with ChatGPT Enterprise aims to ensure compliance, mitigate data policy violations, and support secure usage of genAI applications.

Netskope’s API protection leverages major vendors’ APIs to provide visibility into cloud services, enforcing policies to control access and protect data. The integration is designed to help enterprise data within ChatGPT Enterprise remain compliant and secure.

“By integrating the Netskope One platform into OpenAI’s advanced capabilities in ChatGPT Enterprise, Netskope continues to lead in providing comprehensive security solutions for enterprises adopting genAI tools,” said Andy Horwitz, SVP, Global Partner Ecosystem, Netskope.

Key Features of the Integration:

Compliance Standards: Enforces data loss prevention (DLP) and compliance policies with over 50 templates and 3,000+ data identifiers, supporting regulations like GDPR, HIPAA, and GLBA.

Data Protection: Out-of-band visibility and control to protect sensitive information, using ML and OCR techniques for real-time data leakage prevention.

Threat Protection: Advanced ML models for malware detection, complementing traditional security methods to identify threats in near real-time.

Cornelis Networks Appoints Lisa Spelman as New CEO

Cornelis Networks has announced the appointment of Lisa Spelman as its new chief executive officer (CEO), succeeding Philip Murphy, who will now serve as president and chief operating officer (COO). This leadership transition marks a significant step for Cornelis Networks, a company based in Santa Clara, California, founded in 2015.

Cornelis Networks specializes in developing high-performance, low-power network processing solutions. Their products are designed to facilitate high-speed, secure, and programmable networking across various industries, including data centers, cloud, enterprise, and service provider markets.

Key Points:

  • Leadership Transition: Lisa Spelman appointed as CEO; Philip Murphy to serve as president and COO.
  • Company Focus: Specializes in high-performance, low-power network processing solutions.
  • Strategic Partnership: Acquired Intel’s Omni-Path business in 2020, integrating FlexRAN software with Cornelis’ networking hardware.
  • Market Impact: Enhances capabilities for data centers, cloud, enterprise, and service provider markets.

In 2020, Cornelis Networks acquired Intel’s Omni-Path business, which included Intel’s Omni-Path and True Scale products. This acquisition was part of a strategic effort to leverage Intel’s high-performance networking technology and enhance Cornelis Networks’ capabilities in developing advanced network processing solutions for high-performance computing (HPC), artificial intelligence (AI), and other demanding applications. The collaboration has allowed Cornelis Networks to integrate Intel’s FlexRAN software with their hardware, facilitating more efficient and flexible network processing solutions for edge computing and 5G networks.

NTT DATA unveils Ultralight Edge AI platform

NTT DATA unveiled its new Edge AI platform to accelerate IT/OT convergence by bringing AI processing to the edge. 

NTT DATA’s Edge AI is an all-inclusive managed service platform that includes all the systems, tools and capabilities required for AI at the edge. It addresses data discovery, collection, integration, computation power, seamless connectivity and AI model management. It leverages lighter, cost-effective AI models, enabling it to run within a small compute box. Edge AI will perform specific tasks, such as supporting safety or operational efficiency, by collecting data from disparate devices across a network environment, enabling instantaneous and secure data processing and analytics.

The company says that while the spotlight has been on GenAI and Large Language Models (LLMs), these technologies are impractical for industries requiring real-time and local decision-making. NTT DATA’s Edge AI solution addresses this challenge by processing massive data sets on compact computing platforms, using smaller, more efficient machine learning models to deliver real-time AI insights.

The Edge AI platform, supported by NTT DATA’s consulting data scientists, managed services and global technical resources, addresses the shadow IoT challenge and AI infrastructure requirements. It does this by auto-discovering, unifying and processing data from IoT devices and IT assets across the organization, simplifying AI deployment and management.

“Our Edge AI platform represents a significant leap forward in driving AI at the edge securely and cost-effectively,” said Shahid Ahmed, Group Executive Vice President of Edge Services at NTT DATA. “By harmonizing data from disparate sensors and devices with lightweight AI models, powering all kinds of automation use-cases, NTT DATA’s Edge AI is pioneering industrial AI adoption as the first fully managed offering, helping organizations modernize with tailored, industry-specific solutions.”

Edge AI rounds out NTT DATA’s  Edge portfolio, which includes Enterprise IoT, Edge Compute, Private 5G and Device as a Service.

Wednesday, July 17, 2024

Nokia Reports Q2 and Half-Year 2024 Financial Results

Nokia  announced its financial results for Q2 and the first half of 2024, maintaining its full-year outlook despite challenging market conditions. The company reported an 18% year-on-year decline in net sales, primarily due to a strong prior year quarter in India. However, order intake trends improved, especially in Network Infrastructure, which is expected to drive sales growth in the second half of the year.

The company’s comparable gross margin in Q2 increased by 450 basis points to 44.7%, benefiting from a resolution of a significant contract negotiation within Mobile Networks. Despite this, the comparable operating margin decreased to 9.5%, mainly due to lower net sales coverage of operating expenses. Nokia’s Q2 free cash flow stood at EUR 0.4 billion, with a net cash balance of EUR 5.5 billion. The company also reported a non-cash impairment charge of EUR 514 million related to its Submarine Networks, treated as a discontinued operation.

CEO Pekka Lundmark highlighted the improved order intake momentum and significant strategic transactions in Network Infrastructure, including the sale of the Submarine Networks business and the planned acquisition of Infinera. These moves aim to strengthen Nokia’s focus on Fixed Networks, IP Networks, and Optical Networks, positioning the company for mid-single digit net sales growth and improved profitability over time.

Key Financial Metrics:

Net Sales: EUR 4,466 million (Q2’24), down 18% year-on-year

Gross Margin: 44.7% (comparable), up 450 basis points

Operating Profit: EUR 423 million (comparable), down 32% year-on-year

Operating Margin: 9.5% (comparable), down 190 basis points

Free Cash Flow: EUR 0.4 billion

Net Cash Balance: EUR 5.5 billion

EPS (Diluted): EUR 0.06 (comparable), down 14%

Research & Development Expenses: EUR 1,064 million, up 5%

Business Group Performance:

Network Infrastructure: Net sales EUR 1,522 million, down 11%

Mobile Networks: Net sales EUR 1,970 million, down 25%

Cloud and Network Services: Net sales EUR 615 million, down 17%

Nokia Technologies: Net sales EUR 356 million, up 7%

Outlook for Full Year 2024:

Comparable Operating Profit: EUR 2.3 billion to EUR 2.9 billion

Free Cash Flow Conversion: 30% to 60%

Nokia continues to make significant progress on its cost savings program, aiming to achieve EUR 800 million to EUR 1.2 billion in gross cost savings by 2026. The company also plans to accelerate its EUR 600 million share buyback program, with the intention of completing it by the end of this year.

5G Americas Discusses Dynamic Spectrum Sharing and Future Wireless Strategies

5G Americas, a leading voice for 5G and LTE in the Americas, has published its latest briefing paper titled “Spectrum Sharing: Challenges and Opportunities.” This comprehensive document delves into the various spectrum sharing models, exploring their technical, regulatory, and economic complexities, as well as the potential benefits they offer to the wireless industry.

The paper discusses standardized same and multi-technology spectrum sharing techniques, including evolved spectrum access systems and Dynamic Spectrum Sharing (DSS) technology. As demand for wireless services surges, the briefing paper highlights industry specifications and regulatory perceptions related to DSS, identifying the challenges and opportunities within spectrum sharing. Notably, it emphasizes the 3.1-3.45 GHz band for its potential in commercial services and the advancements required in sensing technologies for effective spectrum management.

Key Sections of the Briefing Paper:
  • Spectrum Management Models: Detailed examination of licensed, unlicensed, and shared spectrum mechanisms.
  • Dynamic Spectrum Sharing (DSS): Definitions, techniques, and interpretations by industry bodies like 3GPP and 5G Americas.
  • Commercial Experiences: Focus on the Citizens Broadband Radio Service (CBRS) and Automated Frequency Coordination (AFC) in the 6 GHz band in the United States.
  • 3.1-3.45 GHz Band: Exploration of potential spectrum sharing approaches and their implications.
  • Challenges and Opportunities: Analysis of the technical, regulatory, and economic complexities associated with spectrum sharing.
"The ability to share spectrum efficiently is not just a technical challenge but a strategic opportunity. We must develop policies that incentivize cooperation and ensure fair access to this critical resource," says work group co-leader Karri Kuoppamaki, SVP, Advanced and Emerging Technologies, T-Mobile US, Inc.

"Exclusive spectrum use is vital for societal, economic, and national security benefits, but when dedicated spectrum for commercial services isn't possible, spectrum sharing offers a possible solution," stated Brian Daly, AVP Wireless Technology Strategy & Standards, AT&T. "Spectrum sharing, using advanced radar sensing methods, could provide part of the solution to meet the additional spectrum needs of wireless services, if preferred commercially licensed spectrum is not available."

For a detailed exploration of these topics, download the full briefing paper from 5G Americas.

Silicon Valley Bets Big on Campus Network-as-a-Service

The enterprise networking landscape is undergoing a significant transformation with the emergence of campus network-as-a-service (NaaS). According to the newly released 2024 Campus NaaS Research Brief by AvidThink, Silicon Valley is betting big on this new segment, anticipating substantial growth by 2030.

Campus NaaS offers enterprises a simplified, subscription-based model for managing their local area networks, including both wired and wireless infrastructure. This model aligns with the broader trend of "as-a-service" offerings that have already revolutionized software, computing, and storage.

Several factors are driving the rapid growth of campus NaaS:

1. Enterprises are seeking to reduce complexity in network management and focus on core business activities.

2. The shift towards OpEx models and predictable spending is making NaaS an attractive option for CFOs.

3. Advancements in cloud management, AI/ML, and automation are enabling more efficient network operations.

4. The ongoing convergence of networking and security is creating opportunities for comprehensive NaaS solutions.


While established networking vendors like Cisco, HPE Aruba, and Juniper are adapting their offerings to the NaaS model, it's the startups that are truly driving innovation in this space. Companies like Nile, Meter, Join Digital, Ramen Networks, and Shasta Cloud are challenging incumbents with their "pure-play" NaaS offerings.

These startups are attracting significant attention and funding from Silicon Valley investors. For instance:

- Nile, founded by ex-Cisco executives, has raised $300 million and boasts John Chambers as a board member and investor.

- Meter has secured $85 million in funding from prominent investors including Sequoia Capital, Stripe founders, and Meraki co-founders.

Silicon Valley's enthusiasm for campus NaaS is reflected in the ambitious growth projections for the market. According to the research brief, analysts at Dell'Oro project the value of Campus NaaS and Public Cloud-Managed LAN to reach $12 billion by 2028, with NaaS driving a substantial portion of that growth.

Key findings from the research brief include:

• The total worldwide market value for enterprise wireless LAN and campus switching was estimated at $35 billion in 2023.

• AI-powered service automation and orchestration are expected to play a crucial role in reducing operational costs and improving user experience.

• Integration of advanced security features, including zero-trust architectures, is becoming a key differentiator for NaaS offerings.

• The rollout of Wi-Fi 7 is anticipated to drive an upgrade cycle for NaaS vendors and their customers.

As the campus NaaS market continues to evolve, it presents both opportunities and challenges for enterprises. While the promise of simplified network management and reduced costs is appealing, concerns about vendor lock-in, security, and integration with existing systems remain.

For a comprehensive analysis of the campus NaaS landscape, including detailed profiles of key players and recommendations for enterprise IT teams, readers are encouraged to download the full research brief from AvidThink.

The rapid growth and innovation in the campus NaaS market underscore Silicon Valley's belief that this new segment will play a crucial role in shaping enterprise networking by 2030. As startups continue to push the boundaries of what's possible with NaaS, established vendors will need to adapt quickly to maintain their market positions in this fast-evolving landscape.

For a detailed analysis and insights into the future of Campus NaaS, download the full 2024 Campus NaaS Research Brief from AvidThink.

Starlink Boosts Uplink Capacity of Community Gateways to Multiple Gigabits

Starlink is enhancing the uplink capacity of its Community Gateways to the multiple gigabit range. The first Starlink Community Gateway was launched on the remote island of Unalaska, Alaska, late last year.

Starlink reports that its Community Gateways can deliver fiber-like speeds, with local providers distributing connectivity to homes, businesses, and governments using last-mile fiber, fixed wireless, and mobile wireless solutions. The Community Gateway traffic transits through Starlink’s global laser mesh network and utilizes high-bandwidth Gateways operating in a dedicated Ka spectrum band.

Starlink currently offers Community Gateways with up to 10Gbps symmetrical bandwidth, starting at $75,000 per Gbps per month, with a one-time upfront cost of $1,250,000.

On X, Elon Musk posted the following:

CoreWeave Selects Bloom Energy's Fuel Cells for AI Data Center Power

Bloom Energy will deploy its proprietary fuel cells to generate on-site power for CoreWeave at a high-performance data center in Volo, Illinois, owned by Chirisa Technology Parks. The state-of-the-art data center, designed for high-density deployments with advanced cooling systems, will enable CoreWeave to offer efficient cloud solutions for AI applications. The installation of Bloom’s fuel cells is scheduled for commissioning in Q3 2025.

Bloom Energy’s solid oxide fuel cells are known for their high efficiency and reliability. These fuel cells generate electricity through an electrochemical process using natural gas or biogas, which results in lower greenhouse gas emissions compared to traditional combustion-based power generation. The technology provides consistent and uninterrupted power, making it suitable for high-demand environments such as data centers. 

“Bloom Energy is thrilled to have been selected by CoreWeave,” said Aman Joshi, Bloom Energy’s Chief Commercial Officer. “This validation from CoreWeave, a leader in AI, is a testament to our leading-edge technology and its importance to AI.”

“We’re proud to partner with Bloom Energy and utilize their industry-leading solid oxide fuel cell technology,” added Brian Venturo, CoreWeave’s Chief Strategy Officer. “This partnership will allow us to deliver unmatched performance and reliability to our customers while advancing our sustainability objectives.”

NETSCOUT Launches Business Edge Observability Suite for Remote Locations

NETSCOUT SYSTEMS introduced its new suite of Business Edge Observability products. The suite includes the nGenius Edge Sensor and Remote InfiniStreamNG solutions, designed to enhance IT observability at remote locations, such as retail stores, manufacturing facilities, banks, utility companies, hospitals, and government offices. 

“With the rise of edge computing, IoT solutions, front-line interactions, perimeter threats, and hybrid workers, detailed visibility into remote resources, exchanges, and application experiences is more critical than ever,” said Mark Leary, research director, network analytics and automation, IDC. NETSCOUT’s new products address the challenges posed by the increased complexity of SASE, SD-WAN, SaaS, and UCaaS services, which traditional methods often fail to manage effectively. The combination of synthetic transaction capabilities and deep packet inspection (DPI) in NETSCOUT’s offerings helps IT teams quickly identify and resolve issues, ensuring high-quality digital experiences at remote sites.

Key Points:

Business Edge Observability Suite: Includes nGenius Edge Sensor and Remote InfiniStreamNG.

Enhanced IT Observability: Focus on remote locations to manage mission-critical applications and services.

Rising Need: Increased edge computing, IoT solutions, and hybrid work demand detailed visibility.

Research Findings: Uptime Institute reports significant costs of outages, reinforcing the need for automated IT operations.

Technological Integration: Combines Adaptive Services Intelligence® (ASI) with synthetic testing and automatic decryption for comprehensive visibility.