Editor’s Note: Related tickers: QUALCOMM, Inc. (NASDAQ:QCOM), Intel Corporation (NASDAQ:INTC), Broadcom Corporation (NASDAQ:BRCM), Alcatel Lucent SA (ADR) (NYSE:ALU), ARM Holdings plc (ADR) (NASDAQ:ARMH), Deutsche Bank AG (USA) (NYSE:DB)
Qualcomm Unexpectedly Unveils Toq Brand Smartwatch (PentagonPost)
QUALCOMM, Inc. (NASDAQ:QCOM) unveiled on Wednesday its Toq smartwatch, similar to other smartwatches in the market including Samsung Galaxy Gear. It does not have full functionality that is available in a tablet or smartphone. It in fact syncs with the mobile devices of user to make phone calls, scan through texts and for other alerts such as WhatsApp and calendar notifications without the need of taking phones out of pocket.
Intel Corp. Given Buy Rating at TheStreet (INTC) (Zolmax)
TheStreet restated their buy rating on shares of Intel Corporation (NASDAQ:INTC) in a research note issued to investors on Tuesday, Analyst Ratings Network reports. “Intel (INTC) has been reiterated by TheStreet Ratings as a buy with a ratings score of B. The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and notable return on equity…
Renesas to sell 2 LSI units to U.S. firm (The-Japan-News)
Semiconductor maker Renesas Electronics Corp. has said it will sell two overseas affiliates related to system large-scale integrated circuits for mobile phones to Broadcom Corporation (NASDAQ:BRCM) of the United States for $164 million on Oct. 1. The companies, Renesas Mobile Europe Oy in Helsinki and Renesas Mobile India Pte. Ltd. in Bangalore, India, are currently under the wing of Renesas Mobile Corp., a wholly owned subsidiary of Renesas Electronics.
Qualcomm: Small Cells Key for 1000x Capacity (LightReading)
QUALCOMM, Inc. (NASDAQ:QCOM) CEO Paul Jacobs foresees a day when wireless networks will need more than 1,000 times more capacity than they have today, which is why the chipmaker has taken a keen interest in small cells. It’s also why QUALCOMM, Inc. (NASDAQ:QCOM) has taken a stake in small cell vendor Alcatel Lucent SA (ADR) (NYSE:ALU). Speaking at Uplinq 2013 this week, Jacobs said that the partnership is designed to encourage the entire industry to accelerate their work on small cells, which he sees as the main way wireless operators will keep up with the growing demand for data.
What Keeps Intel’s CFO From Sleeping (WSJ)
Fear of the unknown, an event you can’t control, even if you are the chief financial officer of a Fortune 50 company. That is what keeps Stacy Smith, CFO of Intel Corporation (NASDAQ:INTC), awake at night. “You always worry about a public policy move that ends up derailing the economy,” Mr. Smith told CFO Journal on Wednesday. …“The last fight had a big impact on the economy,” said Mr. Smith, adding “it would be a shame,” if it is repeated.
Qualcomm, Samsung unveil niche watches (CNBC)
Broadcom Corp. Stock Rating Reaffirmed by Deutsche Bank (BRCM) (Zolmax)
Broadcom Corporation (NASDAQ:BRCM)‘s stock had its “buy” rating restated by analysts at Deutsche Bank AG (USA) (NYSE:DB) in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork reports. They currently have a $35.00 price target on the stock, down from their previous price target of $36.00. Deutsche Bank’s price objective suggests a potential upside of 35.03% from the stock’s previous close.
Intel ships overhauled low-power chips for data centers (Yahoo)
Intel Corporation (NASDAQ:INTC) has started shipping data-center chips that are based on a major overhaul of its low-power Atom line, in a bid to defend its territory from an incursion by British rival ARM Holdings plc (ADR) (NASDAQ:ARMH). The Santa Clara, California, company said on Wednesday the new Atom chips, which are meant for microservers, networking equipment and storage at major cloud-computing providers, perform six times better than previous versions.
Broadcom to Buy LTE Assets From Renesas Affiliates (DailyFinance)
Semiconductor distributor Broadcom Corporation (NASDAQ:BRCM) on Wednesday announced plans to acquire the LTE-related assets of affiliates of Japanese semiconductor manufacturer Renesas Electronics Corp. LTE stands for long-term evolution, a standard form of high-speed wireless communication for mobile devices. The assets will help Broadcom speed up the launch of its next generation of products in 2014.
