SAN FRANCISCO (Reuters) – Broadcom on Thursday posted fourth-quarter revenue and profits that were down from a year earlier, but the result slightly exceeded expectations of Wall Street analysts concerned about tepid smartphone sales.
The chipmaker reported fourth-quarter revenue of $2.06 billion, down 0.8 percent from the year-ago period. It said revenue in the first quarter would be between $1.9 billion and $2.0 billion.
SAN FRANCISCO, Jan 29 (Reuters) – Oracle CEO Larry
Ellison played down concerns on Wednesday about possible
government snooping in his business customers’ private data.
At an industry conference in San Francisco, an audience
member asked the Oracle cofounder what to tell potential Oracle
cloud-computing clients who worry that the National Security
Agency could access their information.
SAN FRANCISCO (Reuters) – Leading mobile chipmaker Qualcomm Inc posted higher fiscal first-quarter revenue that slightly missed estimates as smartphone growth shifted to China, but it bumped up its full-year earnings outlook and said 2014 was playing out as expected.
With growth in the smartphone industry moving away from wealthy markets such as the United States and toward China and other emerging economies, where consumers favor less expensive devices, Qualcomm has been focusing on costs to preserve its profitability.
SAN FRANCISCO (Reuters) – Leading mobile chipmaker Qualcomm Inc (QCOM.O: Quote, Profile, Research, Stock Buzz) posted higher fiscal first-quarter revenue that slightly missed expectations as smartphone growth shifted to China but it bumped up its full-year earnings outlook on the strong start to 2014.
With growth in the smartphone industry moving away from wealthy markets such as the United States and toward China and other emerging economies, where consumers favor less expensive devices, Qualcomm has been focusing on costs to preserve its profit margins.
, Jan 28 (Reuters) – Facebook Inc’s
executive in charge of revolutionizing data centers on Tuesday
lauded low-energy server technology that is expected to compete
against heavyweight Intel Corp.
The social networking firm’s three-year push to help
companies design better data center gear is gaining momentum and
paying off with a range of cost-saving improvements, Open
Compute Project head Frank Frankovsky told an industry
SAN JOSE, California (Reuters) – Facebook Inc’s hardware whiz in charge of revolutionizing data centers lauded on Tuesday low-energy server technology which is expected to compete against heavyweight Intel Corp.
Speaking at a conference in San Jose, California, on Tuesday, Open Compute Project head Frank Frankovsky said Facebook’s three-year push to help companies design better data center gear was gaining momentum and paying off with a range of cost-saving improvements.
(Reuters) – Chipmaker Qualcomm Inc acquired a patent portfolio from Hewlett-Packard Co, including those of Palm Inc and its iPaq smartphone, in a move that will bulk up HP’s offerings to handset makers and other licensees.
The portfolio comprises about 1,400 granted patents and pending patent applications from the United States and about 1,000 granted patents and pending patent applications from other countries, including China, England, Germany, Japan and South Korea.
SAN FRANCISCO, Jan 23 (Reuters) – KLA-Tencor Corp
reported higher fiscal second-quarter revenue that met analysts’
expectations as chipmakers implementing cutting-edge technology
bought more process control tools.
Buoyed by booming mobile device sales, leading contract
manufacturer TSMC has been preparing new cutting-edge
manufacturing lines, boosting demand for KLA-Tencor’s products,
which are used to measure the effectiveness of complicated
manufacturing processes and reduce defects.
SAN FRANCISCO, Jan 22 (Reuters) – SanDisk Corp
posted higher fourth-quarter profits but gave a revenue outlook
that fell short of some analysts’ expectations and said memory
chip prices would fall more this year than in 2013.
The stock rose modestly after the results were released, but
turned lower after Chief Financial Officer Judy Bruner warned
about weaker chip prices during a conference call with analysts.
SAN FRANCISCO (Reuters) – Memory chipmaker SanDisk (SNDK.O: Quote, Profile, Research, Stock Buzz) said on Wednesday its fourth-quarter profit and revenue exceeded expectations as the adoption of solid-state drives helped boost demand for its chips.
SanDisk, which sells chips to device makers of smartphones, cameras and other mobile devices, is increasingly using NAND chips in its own branded solid-state drives that are sold directly to companies and consumers.