Category Archives: Companies

NXP Semiconductors Reports Second Quarter 2018 Results

By | July 26, 2018

Announces $5 Billion Share Repurchase Authorization and Termination of Qualcomm and NXP Purchase Agreement       Q2 2018 Revenue $2.290 billion GAAP Gross margin 51.5% GAAP Operating margin 6.0%     Non-GAAP Gross margin 52.8% Non-GAAP Operating margin 27.0%     EINDHOVEN, The Netherlands, July 26, 2018 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI) today reported financial results for the second quarter 2018 ended July 1, 2018.  The… Read More »

De La Rue: 2018 AGM Statement

By | July 26, 2018

At De La Rue plc’s (“De La Rue” or “the Group”) Annual General Meeting to be held today, Philip Rogerson, Chairman of De La Rue, will make the following statement. Current trading and outlook The Board’s expectations for 2018/19 remain unchanged. The Group’s order book remains strong at the end of the first quarter, providing good visibility at this early stage… Read More »

Qualcomm Announces Termination of NXP Acquisition and Board Authorization for $30 Billion Stock Repurchase Program

By | July 26, 2018

Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm” or “the Company”) today announced the termination of the acquisition of NXP Semiconductors N.V. (NASDAQ: NXPI) (“NXP”) by Qualcomm River Holdings B.V., an indirect wholly owned subsidiary of Qualcomm, effective immediately. In accordance with the terms of the purchase agreement, Qualcomm River Holdings will pay a termination fee of $2 billion to NXP… Read More »

STMicroelectronics Reports Q2 2018 Financial Results

By | July 25, 2018

Q2 net revenues $2.27 billion (up 18.0% Y/Y), operating margin 12.7%, net income $261 million Q2 Y/Y revenue performance balanced across product groups, regions and end markets Q3 business outlook at mid-point: net revenues up about 10.0% Q/Q, gross margin about 40.0%   Geneva, July 25, 2018 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the… Read More »

Commencement of construction of Hua Hong’s newest base for IC research, development and manufacturing

By | July 25, 2018

WUXI, China, July 25, 2018 /PRNewswire/ — A Commencement Ceremony was held for the first set of 2018 major projects in the Wuxi High-Tech Development Zone in the first half of the year, marked by the start of construction of Hua Hong’s IC research, development and manufacturing base in Wuxi. The rapid development and increased investment into applications such as… Read More »

Giesecke+Devrient Successfully Places a Bonded Loan of 200 Million Euros

By | July 23, 2018

Global security technology group Giesecke+Devrient has, for the first time in its history, placed a bonded loan in the amount of 200 million Euros. The company is thus taking advantage of the favorable conditions on the capital market. In view of the high demand from investors, the original target volume was more than doubled. “The major success of… Read More »

NXP Named One of World’s Most Impactful Industrial IoT Companies in 2018

By | July 18, 2018

NUREMBERG, Germany, July 18, 2018 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI) has been named one of the world’s most impactful Industrial Internet of Things (IIoT) companies based on recent research by IoT ONE (iotone.com). “From end-node to the cloud, NXP provides an unrivaled portfolio for supporting the incredible growth of smart, connected solutions for the IIoT – including microcontrollers, microprocessors, connectivity, analog, sensors… Read More »

STMicroelectronics Announces Timing for Second Quarter 2018 Earnings Release and Conference Call

By | July 5, 2018

Geneva – July 5, 2018 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release second quarter 2018 earnings before the opening of trading on the European Stock Exchanges on Wednesday July 25, 2018. The press release will be available immediately after the release on the Company’s website at www.st.com. STMicroelectronics… Read More »

IDEX Biometrics becomes a member of APSCA

By | July 2, 2018

Oslo, Norway – 2 July 2018 – IDEX ASA, the leading provider of advanced fingerprint identification and authentication solutions, reinforces its commitment to the Asia Pacific market by signing as a member of APSCA, the Asia Pacific Smart Card Association. APSCA is the business association for payments and identity applications in Asia, covering secure smart chip-based applications to the latest digital… Read More »

STMicroelectronics Becomes First Chip Maker Accredited by the GSMA to Personalize eSIMs for Mobiles and Connected IoT Devices

By | June 25, 2018

Geneva, June 25, 2018 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is accelerating progress towards a more convenient and secure connected world as the first embedded SIM (eSIM) manufacturer to be accredited by the GSMA for loading eSIM chips with connection credentials such as certificates and operator profiles before shipping. The… Read More »

IN Groupe, through its subsidiary SPS, achieves 500 million inductive coupling platforms, a demonstration of the quality and security of its technology

By | June 21, 2018

ROUSSET, FRANCE, June 21, 2018 – Smart Packaging Solutions (SPS) is recognized as a worldwide leader in subsets for smart card manufacturing thanks to its inductive coupling technology. With a production capacity that doubles every two years, the company has now delivered over 500 million eBoost® inductive coupling platforms for diverse markets segments worldwide. Smart Packaging Solutions (SPS) started with a… Read More »

Longmai mTokens and Expands Presence in Asia-Pacific Region

By | June 21, 2018

New York, NY, June 21, 2018 –(PR.com)– Versasec, the leader in smart card management systems, today announced its working relationship with Longmai, one of the leading digital security device vendors in China. In its announcement, Versasec noted that its flagship product, vSEC:CMS now supports Longmai digital security token solutions. Longmai’s mToken brand is used for all Century Longmai… Read More »

Göran Thuresson will leave Precise Biometrics when successor assumes the role as CFO

By | June 19, 2018

Göran Thuresson has decided to leave Precise Biometrics and return to a role as interim consultant. The recruitment of his successor has been initiated. Göran remains as CFO until a successor has assumed the role. “Göran has in the best of ways contributed to the development of Precise Biometrics. I would have preferred for Göran to stay in… Read More »

Salah Goss to lead Mastercard Labs for Financial Inclusion in Kenya

By | June 11, 2018

Nairobi, Kenya – 11 June 2018 – Mastercard announced today that Salah Goss has been appointed as Head of the Mastercard Labs for Financial Inclusion, based in Nairobi, Kenya. Salah brings extensive experience in financial inclusion specializing in mobile enabled solutions, agent banking and community-managed microfinance. In her new role, Salah will oversee the development of digital solutions that positively… Read More »

Infineon gears up for stronger long-term growth

By | June 8, 2018

Infineon adjusts its target operating model to an investment-to-sales ratio of 15 percent aimed at generating revenue growth of 9 percent with a segment result margin prospectively in excess of 17 percent For the coming fiscal year at least, revenue is forecast to grow, at a minimum, by 10 percent Additional investments in manufacturing capacities are therefore planned… Read More »

Precise Biometrics Collaborates with NXP on Contactless Biometric Smart Cards

By | June 7, 2018

Precise Biometrics, a leader in fingerprint software and NXP® Semiconductors collaborate to integrate Precise BioMatch® Card in NXP’s contactless biometric smart cards. The cooperation is expected to generate revenues to Precise Biometrics starting Q2 2018. Precise Biometrics fingerprint authentication software for smart cards is integrated in NXP’s contactless fingerprint-on-card solution, which gives payment network operators and banks a… Read More »

Visa service disruption

By | June 1, 2018

Update – 04:32 BST 02.06.18 Visa has resolved a technical issue which occurred yesterday in Europe and prevented some consumers from using Visa for payments. The issue was the result of a hardware failure within one of our European systems and is not associated with any unauthorised access or cyberattack. Visa Europe’s payment system is now operating at… Read More »

Thales extends the acceptance period of the offer for Gemalto until 15 August 2018 and confirms it expects to complete the acquisition in the course of the second half of 2018

By | June 1, 2018

Paris La Défense, 1 June 2018 – 07:00 – Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the “Offer”) and the publication of the… Read More »

Zebra Technologies Announces Debt Restructuring Actions

By | May 31, 2018

LINCOLNSHIRE, Ill.–(BUSINESS WIRE)–Zebra Technologies Corporation (NASDAQ: ZBRA), the market leader in rugged mobile computers, barcode scanners and barcode printers enhanced with software and services to enable real-time enterprise visibility, announced that today it has completed additional actions to restructure its debt, which reduce interest costs while maximizing financial flexibility. The company amended its Term Loan B facility maturing Oct.… Read More »