Tag Archives: eric

Qualcomm Could Gain From Xiaomi’s India Legal Battle

Qualcomm could gain from Chinese smartphone maker Xiaomi Technology’s legal battle in India amid expectations that China’s government will soon issue a ruling on its antitrust probe of Qualcomm. An Indian court on Tuesday temporarily allowed Xiaomi to sell some mobile phones in the country, a week after it asked the Chinese company to suspend sales after Sweden-based Ericsson (ERIC) filed a patent infringement lawsuit against Xiaomi. A hearing is

Ciena Fiscal Q1 Sales Seen Up 18%, Outlook Key

Ciena’s (CIEN) fiscal Q1 profit is expected to fall 52% on revenue growth of 18%, with the fiber-optics parts maker’s outlook on telecom capital spending expected to be key when it reports Thursday before the market opens. In December, Ciena missed fiscal Q4 earnings estimates and forecast January-quarter revenue below views, sending the stock down. Shares rose on Feb. 14 when Ciena announced an alliance with network gear maker Ericsson (ERIC).

Ciena Rises On SDN Alliance With Ericsson

Ciena (CIEN) early Friday announced a deal with Sweden-based telecom gear supplier Ericsson (ERIC) to jointly develop and co-market a hot, emerging technology called software-defined networking, sending Ciena stock rising. Software-defined networking, or SDN, targets communications networks and tasks usually performed by routers and other specialized hardware. SDN centralizes control of network security, storage systems and servers connected to