Qualcomm Inc., which is known more for cellphone chips than products sold to consumers, is betting that a new pocket-sized device will spur more interest in mobile TV.
The San Diego-based company late Tuesday announced that a subsidiary will begin offering what it calls FLO TV Personal Television. Qualcomm said U.S. retailers are expected to offer the device over this holiday season at a suggested price of $249.99.
Shares of chip maker Broadcom fell in after-hours trading last night and are down again today despite the fact that the company yesterday exceeded Street expectations for its Q2 and forecast above estimates for the current quarter.
There’s been buzz about Apple’s interest in microprocessor designers ever since the company bought the Silicon Valley startup P.A. Semi last year. But there’s ample evidence that the company’s hiring of chip-heads started much earlier, and is continuing. The question: what is Apple going to do with these guys?
Qualcomm announced that it will pay Broadcom $891 million over a four-year period to settle their long-standing patent dispute. The deal settles all existing litigation between the companies. Each receives certain rights to the patent portfolios of the other company.
Jokes dreamed up by tech companies for April Fool’s Day may not be spectacularly funny. But one can’t help but notice the level of effort put in, which sometimes seems to rival the intensity of their product-development efforts.
Tessera Technologies is disappointed tonight after the Administrative Law Judge overseeing its patent infringement case against Advanced Micro Devices, Fresscale Semiconductor, Motorola, Qualcomm, Spansion and STMicroelectronics judged for the semiconductor companies. The company was hoping for a judgment in its favor and an accompanying windfall–instead, its share price dropped 44 percent today.
Qualcomm (QCOM) CEO Paul Jacobs this morning said in an interview on CNBC that customers are keeping their cellphones for longer than they have in the past.
In landing a new chief executive for its troubled mobile device business, Motorola Inc. is clearly banking on the old adage that “you get what you pay for.” Sanjay Jha, the co-chief executive of Motorola, managed to seal a compensation deal that The Wall Street Journal estimated could be worth $94 million, including restricted stock, options, base pay and a special payment.
Qualcomm (QCOM) shares are lower this morning after a German patent court hearing an infringement case against Nokia (NOK) ruled that a Qualcomm GSM patent is invalid. As it happens, a key U.S. case between the two companies begins today in Delaware.
We often cover semiconductors that require less energy, but we rarely talk to the companies behind those chips to find out what else they might be doing to reduce their power consumption. However, Norm Fjeldheim, chief information officer for Qualcomm, recently shared a few tidbits about what the cellphone chip maker is doing to keep corporate consumption down–and it all starts with information technology (not everyone is jumping ship to build “cleantech” firms).
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