Qualcomm Forecasts Sales That May Top Analysts’ Estimates (Bloomberg)
QUALCOMM, Inc. (NASDAQ:QCOM), the largest seller of semiconductors for mobile phones, forecast fiscal fourth-quarter sales that may exceed analysts’ estimates, buoyed by smartphone demand in emerging markets. Sales in the period that ends in September will be $5.9 billion to $6.6 billion, San Diego-based QUALCOMM, Inc. (NASDAQ:QCOM) said yesterday in a statement. Net income will be 86 cents to 94 cents a share. Analysts on average had projected revenue of $6.3 billion and earnings of 94 cents, according to data compiled by Bloomberg.
Mouser and Intel announce global distribution agreement (CiOL)
Mouser Electronics Inc. has signed a global agreement with Intel Corporation (NASDAQ:INTC), the creator of the microprocessor and owner of the most advanced process technologies in the industry. Intel is one of the world’s largest manufacturers of semiconductors and continues to build on its heritage of leadership and innovation. Mouser’s comprehensive offerings and capabilities provide engineers with direct access to Intel Corporation (NASDAQ:INTC)’s entire portfolio of Mobile, Desktop, and Server products.
Broadcom launches next-gen HD DOCSIS 2.0 STB soln (CiOL)
Broadcom Corporation (NASDAQ:BRCM) announced a new reference platform for operators in emerging markets to more cost-effectively deploy two-way set-top box (STB) solutions with high definition (HD) and Data Over Cable Service Interface Specification (DOCSIS) 2.0. The new Broadcom Corporation (NASDAQ:BRCM) chipset builds on the proven engineering and expertise of the BCM7019 HD cable system-on-a-chip (SoC) and delivers on operators’ current needs for even higher performance, lower-cost STB devices.
Smartphone Demand Propels Qualcomm to 3Q Beat (FoxBusiness)
Fueled by strong demand for smartphones, chip-making giant QUALCOMM, Inc. (NASDAQ:QCOM) revealed stronger-than-expected third-quarter earnings late Wednesday and said it sees more room for mobile device growth across the globe. The San Diego-based maker of chips for devices like Apple Inc. (NASDAQ:AAPL)‘s iPhone reported net income of $1.58 billion, or 90 cents a share. Excluding one-time items, QUALCOMM, Inc. (NASDAQ:QCOM) said it earned $1.03 a share, matching average analyst estimates in a Thomson Reuters poll.
Intel outlines strategy for datacenter business (DigiTimes)
As the massive growth of information technology services places increasing demand on the datacenter, Intel has outlined its strategy to re-architect the underlying infrastructure. The company also announced additional details about its next-generation Intel Atom processor C2000 product family (codenamed Avoton and Rangeley), as well as outlined its roadmap of next-generation 14nm products for 2014 and beyond. To help companies prepare for the next generation of datacenters, Intel Corporation (NASDAQ:INTC) revealed its plans to virtualize the network, enable smart storage solutions and invest in innovative rack optimized architectures.