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Posts Tagged ‘Chipmaker Qualcomm Inc’

Qualcomm Inc is spinning off its location awareness technology, which is compatible with Apple Incs iBeacon version, to a group of investors including music, sports and arena conglomerate AEG. The chipmaker said on Wednesday it sold the business as a newly formed entity called Gimbal Inc. One investor is the i-Hatch LBS Fund, which includes […]

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By Noel Randewich SAN FRANCISCO (Reuters) – Qualcomm Inc on Wednesday posted its smallest quarterly revenue increase since 2010 as it wrestles with a smartphone market that is losing steam and shifting to China, sending its shares lower. With expansion in the smartphone industry moving away from wealthy markets such as the United States and […]

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By Noel Randewich SAN FRANCISCO (Reuters) – Start-up Ineda Systems said on Tuesday it received $17 million in funding from investors including major semiconductor industry players Qualcomm and Samsung Electronics, as it designs low-power chips for smart watches and other wearable computing gadgets. Ineda, with offices in Hyderabad, India and Santa Clara, California, closed its […]

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