Thursday, March 7, 2024

Marvell pushes ahead to 2nm with TSMC

Marvell announced plans to produce 2nm semiconductors optimized for accelerated infrastructure in collaboration with TSMC.Marvell's 2nm platform will leverage the company's IP portfolio that covers the full spectrum of infrastructure requirements, including high-speed long-reach SerDes at speeds beyond 200 Gbps, processor subsystems, encryption engines, system-on-chip fabrics, chip-to-chip interconnects, and a variety of high-bandwidth physical layer...

Ciena's revenue in Q1 dips to $1.04 billion

Ciena reported revenue of $1.04 billion for its fiscal first quarter ended January 27, 2024, as compared to $1.06 billion for the fiscal first quarter 2023.Ciena's GAAP net income for the fiscal first quarter 2024 was $49.5 million, or $0.34 per diluted common share, which compares to a GAAP net income of $76.2 million, or $0.51 per diluted common share, for the fiscal first quarter 2023."We delivered solid fiscal first quarter results, including...

Satellites Will Soon Transform the Mobile Industry

How will next gen satellites transform the mobile industry? Vinay Ravuri, CEO from EdgeQ, discusses:- The satellite industry is showing a strong interest in adopting 3GPP standards, essentially 4G or 5G, for Low Earth Orbit (LEO) deployments. This shift allows for economies of scale and the use of regular off-the-shelf phones for direct communication with satellites.- EdgeQ's software-defined physical layer can uniquely implement the frequency interface...

CommScope to ramp up its U.S. based manufacturing

CommScope plans to expand U.S. based production of its fiber-optic connectivity products to address the projected increase in demand for Build America Buy America (BABA) compliant products manufactured and assembled in the U.S. The expansion will occur at CommScope’s existing facilities where it already produces an array of BABA compliant products.The increased production will focus on CommScope’s fiber-optic connectivity products and solutions that...

Singtel unloads more shares in Airtel

Singtel sold an 0.8% direct stake in regional associate Airtel to US-based investment firm GQG Partners for S$0.95 billion. The resultant gain from the sale is estimated to be S$0.7 billion.Singtel has been a strategic investor in Airtel, one of the world’s top three mobile operators with over 500 million customers in 17 countries, for more than 20 years. After the transaction, Singtel will hold an effective stake of 29.0% in Airtel, worth an estimated...

NPS raises $17.5M for Software-Defined Radar

Neural Propulsion Systems (NPS), a start-up based in Pleasanton, California, raised $17.5 million in Series B funding for its software-defined radar.The NPS Atomic Sensing Platform for automotive market is powered by the patented Atomic Norm Tensor Processing Software to achieve disruptively high resolution, precision and reliability. NPS ANTP radar SW performance is based on a new mathematical framework, the Atomic Norm, that transforms how sensor...

Padtec announces robust 2023 earnings amid global market challenges

 Padtec Holding S.A., a leading Brazilian telecommunications equipment company, has unveiled its earnings results for the fiscal year 2023, demonstrating resilience and strategic agility in a fluctuating market. Amidst a backdrop of macroeconomic and geopolitical tensions, Padtec reported a marginal growth in total net revenues of 0.8% over the previous year, with significant strides in its Services, Software, and Platforms unit.Despite a saturated...