Chipset News: Qualcomm, Inc. (QCOM) in India, Intel Corporation (INTC)’s Outlined Strategy & Broadcom Corporation (BRCM)

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Editor’s Note: Related tickers: QUALCOMM, Inc. (NASDAQ:QCOM), Intel Corporation (NASDAQ:INTC), Broadcom Corporation (NASDAQ:BRCM), Nokia Corporation (ADR) (NYSE:NOK), Google Inc (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Sony Corporation (ADR) (NYSE:SNE), OpenTable Inc (NASDAQ:OPEN)

Airtel to completely acquire Qualcomm’s 4G venture by 2014 (MoneyControl)
Telecom major Bharti-Airtel plans to completely acquire US firm QUALCOMM, Inc. (NASDAQ:QCOM)‘s Indian 4G venture, Wireless Business Services, by end of 2014. …”This is as originally planned. The event (2-percent stake share subscription) took place in this quarter, resulting in our stake in this business promoted by QUALCOMM, Inc. (NASDAQ:QCOM) in India, going up 51 percent. As previously announced in May 2012, we plan to take our stake to 100 percent by end of next year,” Bharti Airtel’s group chief financial officer Sarvjit Singh Dhillon said on Wednesday.

Intel’s Minnowboard open source, low-power dev board ships for $199 (Liliputing)
Since the introduction of the Raspberry Pi low-power mini computer in 2011 we’ve seen a number of tiny computers and developer boards hit the market. Many pack more power than the Raspberry Pi, and most also have higher price tags. But they tend to rely on ARM-based processors in order to keep prices (and power consumption) low. Intel Corporation (NASDAQ:INTC)’s Minnowboard takes another approach. It’s a $199 dev board powered by an Intel Corporation (NASDAQ:INTC) Atom E640 processor. It’s aimed at developers, hackers, and other folks looking to put together a DIY system with an x86 processor as well as professional developers looking for a device that helps build prototypes for embedded systems.

Broadcom Corporation (NASDAQ:BRCM)Broadcom Corp. EVP Unloads $68,375 in Stock (BRCM) (MideastTime)
Broadcom Corporation (NASDAQ:BRCM) EVP Rajiv Ramaswami dumped 2,500 shares of the stock on the open market in a transaction dated Monday, July 29th. The shares were sold at an average price of $27.35, for a total value of $68,375.00. Following the completion of the sale, the executive vice president now directly owns 268,034 shares of the company’s stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus cut their price target on shares of Broadcom Corporation (NASDAQ:BRCM) from $45.00 to $38.00 in a research note to investors on Thursday, July 25th.

Large Screen Nokia device with Qualcomm Snapdragon 800 spotted (TheMobileIndian)
Nokia Corporation (ADR) (NYSE:NOK) is reportedly working on a large screen device with one of the most powerful quad core processors. NokiaPowerUser spotted a mysterious Nokia Corporation (ADR) (NYSE:NOK) RX-114 device at the GFXBench benchmark listings. This Nokia Corporation (ADR) (NYSE:NOK) RX-114 device is speculated to be the large screen Windows RT based tablet. …Nokia Corporation (ADR) (NYSE:NOK) RX-114 also packs the top of the line quad-core QUALCOMM, Inc. (NASDAQ:QCOM) Snapdragon 800 mobile processor with Adreno 330 graphics chip. This high end chipset can easily drive a tablet with HD display.


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