Chipset giant Intel reported just $1 million in revenue in its mobile and wireless business in the third quarter, thanks in large part to the subsidies it is paying tablet makers to include its silicon in their products. However, Intel executives indicated better days are ahead for the mobile business as the company works to move into lower-cost smartphones starting later this year. Meanwhile, Intel announced a deal with AT&T Mobility and Asustek for AT&T to launch an Intel-powered smartphone.
Qualcomm said it agreed to buy British Bluetooth chipset specialist CSR for £1.56 billion ($2.49 billion), giving it a leg up in the connect car and Internet of Things markets, which are set to grow substantially.
Samsung Electronics forecasted that its operating profit in the third quarter fell by as much as 60 percent year-over-year amid stagnating smartphone sales. However, the company is hopeful that sales will pick up in the fourth quarter and said it is readying new phones in the low-to-midrange market to help it recover ground.
Samsung Electronics paid Microsoft $1 billion last year to use Microsoft's technology in its mobile devices as part of a patent-licensing agreement, according to court documents filed by Microsoft. As part of a lawsuit Microsoft initiated against Samsung, Microsoft is claiming Samsung owes it $6.9 million in unpaid interest from last year.
Even though Broadcom is exiting the cellular baseband market, CEO Scott McGregor thinks the company will have a secure place in high-end smartphones thanks to its Wi-Fi chipsets.
The smartphone revolution has greatly expanded the size of the handset market with global revenues doubling in the last six years, as consumers substitute more expensive smartphones for their feature phones and basic phones. Yet changes have devastated most of the leading incumbent handset vendors.
Qualcomm unveiled a software-development toolkit (SDK) during its annual Uplinq developers conference that enables developers to take advantage of LTE Multicast technology. The SDK for LTE Multicast, also called LTE Broadcast, will provide developers with a common API that can be used in all regions around the world that are trialing, testing or deploying the technology.
Qualcomm unveiled a software toolkit at its annual Uplinq developers conference that enables developers take advantage of LTE Broadcast technology, and it got a vote of confidence on the technology from Facebook. However, the company stayed mum on its troubles in China, where it is still the focus of an antitrust probe.
Ericsson is exiting the wireless-modem business and will most likely slash about 1,000 jobs as a result. The decision comes as pricing pressure builds in the stand-alone-modem business and more device makers choose to buy system-on-a-chip solutions with modems married to application processors, which Ericsson does not offer.
Chinese regulators said that Qualcomm is willing to make changes to improve its pricing practices in the country, which could lead to the end of an anti-trust probe against the chipset giant.