Huawei Stories
Option 2009 revenue to tumble 44 pct, shares drop
Belgian electronics group Option NV forecast a 44 percent drop in full-year revenue, worse than analysts had predicted, sending its shares down more than 8 percent to a three-week low in early trades.
NSN says ready to offer $810 million for Nortel unit
Nokia Siemens Networks (NSN) will object in bankruptcy court to Ciena's $769 million purchase of Nortel's optical networking and carrier ethernet business, and is ready to raise its offer to $810 million in cash, a Nokia Siemens spokesman said on Tuesday.
Nokia-Siemens CEO says focus on market share: report
Ailing telecom equipment maker Nokia Siemens Networks has changed its business focus to increasing its market share, the new chief executive of the venture was quoted as saying on Sunday.
Nokia Siemens CEO says focus on market share: report
Ailing telecom equipment maker Nokia Siemens Networks has changed its business focus to increasing its market share, the new chief executive of the venture was quoted as saying on Sunday.
Ciena beats NSN to buy Nortel's businesses for $769 mln
Ciena Corp agreed to buy the optical networking and ethernet equipment businesses of bankrupt Nortel Networks for $769 million after trumping a bid from Nokia Siemens Networks.
Malaysia's Axiata in strategic pact with Huawei
Malaysian telecoms company Axiata said it will form a strategic partnership with world No. 2 telecommunications equipment maker Huawei to develop new technology and cut Axiata's equipment procurement costs.
Huawei takes No 2 spot in mobile network market
China's Huawei Technologies took the No. 2 position in the ailing mobile network gear market in the third quarter, almost doubling its market share from a year ago, and bypassing Nokia Siemens.
Qualcomm announces multi-mode high-speed chips
Qualcomm Inc said on Thursday that it has started providing multi-mode high-speed wireless chips to customers on a trial basis as it looks to cash in on the move to next generation wireless services.
HP to buy 3Com for $3.1 billion
Hewlett-Packard Co is making a move into the network equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc.
HP to buy 3Com for $2.7 billion
Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.
HP agrees to buy 3Com for $2.7 billion
Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.
Motorola eyes $4.5 billion home/networks unit sale: sources
Motorola Inc is in the early stages of looking into a potential sale of its $4.5 billion television set-top box and network equipment business, two sources said on Wednesday.
BSNL to go direct to Zain if consortium talks fail
Indian state-run telecom Bharat Sanchar Nigam Ltd may open direct negotiations for a stake in Kuwait's Zain if its exclusive talks as part of a consortium fail.
Intel in talks with India's ITI for jv: report
Intel , the world's largest chip maker, is planning to participate in bids invited by Indian state-owned telecom equipment maker ITI Ltd to set up joint ventures, the Business Standard reported on Friday.
Intel in talks with India's ITI for joint venture: report
Intel , the world's largest chip maker, is planning to participate in bids invited by Indian state-owned telecom equipment maker ITI Ltd to set up joint ventures, the Business Standard reported on Friday.
Cisco to acquire Starent Networks for $2.9 billion
Cisco Systems Inc plans to buy wireless telecommunications equipment maker Starent Networks Corp for $2.9 billion, betting that demand for advanced wireless equipment will grow as more consumers download videos and access the Web from mobile phones.
Silicon Laboratories raises Q3 outlook
Chipmaker Silicon Laboratories Inc raised its outlook for the third quarter, citing better-than-expected demand for both its broadcast audio and microcontroller unit (MCU) products.
Huawei denies report of Alcatel-Lucent tie-up talks
China's Huawei, one of the world's top makers of networking equipment, on Thursday denied a report it was in talks to form an alliance with Franco-American rival Alcatel-Lucent.
Alcatel-Lucent takeover on radar as sector shrinks
Alcatel-Lucent's research and development strengths and broad customer base make it an attractive takeover candidate for a rival, but it has to clean up its operations before a deal is likely.
Worldwide network switch, routers sales fell 23 percent
Worldwide sales of network switch, routers took a major plunge of 23 percent in the first quarter to 27 percent in a year-over-year of 2009, according to Heavy Reading’s Carrier Ethernet Switch/Router Quarterly Market Tracker on Friday.
China to seek $3b high-tech deal with Finland
Finland and China on Thursday signed high-tech contracts worth $1 billion and planned new top-level trade talks aimed at further deals worth more than $2 billion, said Keqiang Li, Vice Premier of China.
Nortel selling wireless unit to Nokia Siemens
Telecom equipment maker Nortel Networks said on Friday that it will sell its advanced wireless technology business to Nokia Siemens Networks for US$650 million and that it was making progress in talks to sell its other businesses.
Huawei intends to purchase Nortel assets: report
Leading Chinese telecommunications and networking company Huawei technology reportedly intends to buy some assets in Nortel's holdings, according to a Chinese media's report.
Huawei takes third spot in mobile telco gear market
China's Huawei Technologies took the No. 3 position in the ailing mobile network gear market in the first quarter, doubling its market share from a year ago and bypassing Alcatel-Lucent .
Alcatel, Ericsson seen as Verizon upgrade vendors
Alcatel-Lucent is seen as a key supplier of network equipment for a big upgrade at Verizon Wireless, along with other top contenders such as Ericsson, Nokia Siemens and Huawei, according to analysts and experts.
Huawei to launch Android-powered smart phone
Today, Huawei Technologies showcased its first Android-powered smart phone at the GSMA Mobile World Congress in Barcelona, Spain.
Huawei says to sell 2-3 Android phones this year
aimed to sell 40-45 million phones in 2009, compared with 33 million last year.
Chen also said the company would introduce commercially a phone model using next generation Long Term Evolution technology late this year or early next.
3Com names China-based CEO after Buyout Denial
3Com Corp. on Tuesday named a new CEO who will be based in China, after it unsuccessfully sought to win a U.S. government approval to sell a minority stake to China's biggest telecom gear maker Huawei Technologies Co Ltd.
China appeals for fair treatment over 3Com deal
China has appealed to the United States for fair and legal treatment of a Chinese investment in US communications equipment company 3Com after the deal caused the United States national security concerns.
Bain, 3Com withdraw security-review application
Bain Capital Partners said on Wednesday it withdrew its application for U.S. national security approval for its planned $2.2 billion acquisition of network-equipment maker 3Com Corp.