BARCELONA (Reuters) – The merger of NXP and Freescale will bring together two highly diversified chipmakers to create a more focused, leading player in two high-growth markets – automotive electronics and security, NXP’s top executive said on Wednesday.
The cash and stock deal, announced on Monday, valued Freescale at $11.8 billion, excluding debt, and is expected to close in the second half of the year, subject to regulatory approvals. An overlapping business in radio frequency amplifier chips will be sold to ease antitrust concerns.
BARCELONA (Reuters) – STMicroelectronics said on Tuesday it expected a second year of growth in its wireless business in 2015, following years of losses, a resurgence that eventually could help Europe’s largest semiconductor maker hit overall profit margin improvement goals.
Speaking to financial analysts at the annual Mobile World Congress, executives of the Franco-Italian chipmaker spelled out its strategy for taking its wireless business to the same level of profitability as its other, healthier businesses.
BARCELONA (Reuters) – Facebook Inc founder Mark Zuckerberg was on hostile turf on Monday as spoke to executives at the world’s biggest annual gathering of the mobile industry, renewing attempts to win their backing to help reach billions of users with no Internet access.
Speaking at the Mobile World Congress in Barcelona, Zuckerberg sought to make peace with the telecoms industry, often some of his company’s biggest critics, calling them “the folks who are here leading the charge to bring the Internet to the world.”
BARCELONA (Reuters) – Telecom equipment maker Ericsson and chipmaker Intel have agreed a partnership deal to help network operator customers build datacenters, putting them on a more competitive footing against big, cloud-based Internet firms such as Google, Facebook and Amazon.
“We will build datacenter equipment which will actually have the same performance as many of the big cloud providers are doing for themselves,” Ericsson’s chief executive, Hans Vestberg, told a news conference at the Mobile World Congress telecoms trade show in Barcelona on Monday.
BARCELONA, March 2 (Reuters) – Japan’s NTT DoCoMo
and Finland’s Nokia said on Monday they are working
together to develop networks running at high frequencies for use
in the 5G wireless era – technology expected to be showcased at
the 2020 Tokyo Olympics.
DoCoMo, Japan’s largest mobile operator, and Nokia, the
world’s third biggest telecom equipment maker, said they will be
demonstrating their early technical progress on 5G radio
equipment at the Mobile World Congress show here this week.
BARCELONA (Reuters) – Running short of dramatically new phone designs, leaders of the world’s wireless industry agree their next big idea is 5G, shorthand for the fifth generation of networks they expect to have up and running by 2020.
But first they’ll have to decide what 5G needs to do that the current, fourth generation of wireless networks will never offer.
Feb 26 (Reuters) – Google Inc has combined its two
European regional divisions as it seeks to meet the challenges
of tougher regulation across the continent, a source close to
the company said on Thursday.
The Internet giant is merging its northern and western
European division with the unit covering southern and eastern
Europe, Middle East and Africa, the source said.
PARIS/FRANKFURT (Reuters) – U.S. and British spies are likely to have hacked into SIM card maker Gemalto in an attempt to steal codes that protect the privacy of billions of mobile phone users, the company said, as it sought to downplay the impact and ruled out legal action.
The Franco-Dutch firm was responding to a report on an investigative news website that said the hack allowed Britain’s GCHQ and the U.S. National Security Agency (NSA) to potentially monitor the calls, texts and emails of cellphone users around the world.
PARIS/FRANKFURT, Feb 25 (Reuters) – U.S. and British spies
probably hacked into the world’s biggest maker of phone SIM
cards in an attempt to steal codes that protect the privacy of
billions of mobile phone users, the company said on Wednesday.
The Franco-Dutch firm, Gemalto, was responding to a
report on an investigative news website that said the hack
allowed Britain’s GCHQ and the U.S. National Security Agency
(NSA) to potentially monitor the calls, texts and emails of
cellphone users around the world.
FRANKFURT, Feb 24 (Reuters) – Visa Europe has announced a
new, more secure way for consumers to pay retailers via
smartphones, a move that could set the stage for Apple’s
Apple Pay and rival payment services to be introduced
into Europe in the coming months.
Visa Europe said on Tuesday it would introduce to member
banks by mid-April a “tokenisation” service, a technique which
substitutes random numbers for a user’s credit card number when
a merchant transmits transaction data, reducing the risk of