Qualcomm reported quarterly earnings that beat analysts' expectations, even as its sales and profit fell sharply from a year ago. However, Qualcomm's expectations for its current quarter fell below analysts' forecasts, as the chipset giant is facing headwinds in negotiating new patent licensing deals with Chinese smartphone makers.
Ericsson posted weaker-than-expected sales in the third quarter and its gross margin was lower than analysts' forecast, as the company saw a drop in network sales and was hit by a slowdown in LTE deployments in China. However, the company's North American business was largely stable and Ericsson CEO Hans Vestberg said that the company is optimistic about the long-term prospects for growth in China.
Nokia received antitrust approval from the Chinese Ministry of Commerce for its proposed $17.6 billion (€15.6 billion) purchase of Alcatel-Lucent, clearing one of the last major hurdles to the deal. The two vendors agreed to several conditions to win approval from Chinese regulators.
Although the economy has rebounded somewhat since the depths of the Great Recession and companies in the wireless industry are no longer shedding jobs on a seemingly weekly basis as firms were in late 2008 and early 2009, not everything is rosy. FierceWireless has compiled a list of the five largest job cutting programs in wireless in 2015 thus far.
Vendors like Huawei and ZTE have been effectively banned from U.S. wireless network contracts after some lawmakers raised concerns about national security a few years ago. But now that it's 2015, isn't it time to revisit those policies?
Here in California, the term "squirrelly" means that your surfboard is unstable and makes quick and unpredictable turns at any time. We're seeing this in the Chinese mobile market now.
The European Union (EU) signed what it described as a "milestone agreement" with China that lays the foundation for a future collaboration between the two regions on the development of 5G technologies and services.
Service providers' ongoing FTTH deployments that incorporate passive optical networking (PON) have driven the worldwide broadband access market to $3.2 billion in the second quarter of 2015, says Dell'Oro Group in a new report.
Less than a month after Netflix split its red-hot shares and set a new subscriber record, and just a few days past its closely-watched Japan launch, Netflix has announced that it has set its sights on several other Asian countries. The company will launch in South Korea, Singapore, Hong Kong and Taiwan in early 2016, Netflix said.
According to a new report in The Information, Google is poised to return to China with a new version of its Android smartphone app store as well as Android Wear software for wearable devices there. The move would represent a major step for Google, which has been absent from the Chinese market-- the world's largest smartphone market-- since 2010.