China Techfaith Wireless Communication Technology Ltd. (NASDAQ:CNTF) is seeing shares up drastically in early pre-market trading. Qualcomm Inc. (Nasdaq: QCOM) has granted TechFaith Wireless Technology Group Limited, a British Virgin Islands corporation…
According to Bloomberg, Qualcomm "is being investigated by the European Union over allegations it overcharges Nokia Oyj, Ericsson AB and other handset manufacturers." One of the issues is whether the US company…
Nokia (NOK) has indeed bought Navteq (NVT) for $78 a share. If so, it is close to a "zero premium" deal. Douglas A. McIntyre
Douglas A. McIntyre There is word from The Wall Street Journal that Nokia (NOK) is in negotiations to buy Navteq (NVT), a navigation software company. The paper describes the company "as is one of the…
According to Reuters, UBS (UBS) will write-off $3.4 billion, another victim of the credit crunch. Reuters writes that the Teamsters and UPS (UPS) have come to a new contract. Reuters writes that…
Qualcomm (QCOM) wants things to go back to the way they used to be with its largest customer, Nokia (NOK). That was when the world’s largest handset company was paying Qualcomm’s then…
Intel (INTC) and Nokia (NOK) have closed a deal under which the big chip company will provide the world’s largest handset company with the ability to launch WiMax enable products within a…
It seems that its legal problems with the likes of Broadcom (BRCM) and Nokia (NOK) are not hurting Qualcomm’s (QCOM) short-term business. The company said it anticipates fourth fiscal quarter Qualcomm pro…
Motorola’s (MOT) shares are up almost 10% since late last month. RBS recently upgraded the shares due to a strengthening handset market and improved products, according to Barron’s. Cowen upgraded the stock…
Douglas A. McIntyre Barron’s is reporting that Cowen says there will be a shortage of mobile handsets in the US “the millions of units.” The research firm indicates that this is good news for Motorola…
Douglas A. McIntyre Qualcomm (QCOM) has been to the ITC with Broadcom (BRCM) and lost a ruling that that may prevent the company from importing handsets or chips that violate Broadcom patents. The final punishment…
Press and pundits says that now that the European Union and its courts have eviscerated Microsoft (MSFT), the next targets will be Qualcomm (QCOM) and Intel (INTC). The case against Intel is…
According to Reuters, Nokia (NOK) said the the ITC has begin an investigation into Qualcomm (QCOM) trade practives and patent infringements. Reuters writes that Boeing (BA) is estimating that China will need…
In the wireless markets in Europe, they give the phones away. Even the super-nice ones like the Nokia (NOK) N 95. And, the really souped up handsets work on 3G networks. Analysts…
(ALVR) Alvarion won a WiMAX contract from Digicel Group in the Cayman Islands.(CTSH) Cognizant Tech announced a 2 for 1 stock split and authorized up to $100 million for share buybacks.(CX) CEMEX…
