SAN DIEGO – Qualcomm Inc. reported third-quarter sales fell 3% from last year to $2.75 billion. Despite the slight drop for the quarter, sales rose 12% sequentially from $2.46 billion.
TAIPEI, TAIWAN – Handset sales in Taiwan fell 4.1% sequentially to 536,700 in June, reports DigiTimes. Nokia maintained its top position with a more than 30% share for the month. Coming in a close second, Sony Ericsson has just under 30%. Samsung Electronics, LG Electronics and Motorola rounded out the top five with an 18%, 10% and 4.3% share respectively, according to DigiTimes.
BEIJING – China’s electronics industry saw investments for the first five months of this year climb 16.5% to RMB 118.03 billion (US$17.28 billion) reports the Ministry of Industry and Information Technology (MIIT).
SAN JOSE, CA – EDA industry first-quarter revenue fell 10.7% from last year to $1192.1 million, reports the EDA Consortium (EDAC). The decline is primarily attributed to changes in accounting methods by Cadence Design Systems.