Global semiconductor sales in 2009 reached $226.3 billion (€162.4 billion), down 9% on 2008’s sales of $248.6 billion, according to the Semiconductor Industry Association. But the group was expecting 2009 sales to reach just $219.7 billion.
Satellite operator Intelsat says its IS-4 Indian Ocean satellite has failed and the carrier is working with affected customers to identify restoration capacity.
ZTE has won a contract to supply a UMTS/HSPA+ network for Cosmote Romania.
American depository receipts (ADRs) of Ericsson shares rose 5.3% yesterday, due to indications that mobile browsing is finally starting to take off in Europe.
The EC has approved the proposed €900 million acquisition of German fixed-line operator Hansenet by Telefonica Deutschland, after finding the companies are not major competitors in any of the relevant markets.
European competition authorities have given the green light to the SAP, Nokia and Giesecke & Devrient (G&D) venture, Original1. The company, headquartered in Frankfurt will provide product authentication and anti-counterfeiting services.
Telefonica is set to offer co-branded educational content to mobile users in Latin America and Europe, after partnering with content provider Wikimedia Foundation.
Nokia Siemens Networks has supplied a unified charging and billing solution to Vodacom Tanzania.