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Ericsson and STMicroelectronics first entered into their JV in 2009 with the aim of using their combined size to lead the market in wireless equipment chips.
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But rivals Israeli chipmaker Galileo Technologies and Sunnyvale, Calif.-based MMC Networks have already made a profitable business out of offering networking-equipment chips.
We're confident all our Lenovo computers don't possess any backdoor surveillance equipment, spy chips or the like.
In the decades that followed, the company became internationally famous for such products as electrical equipment, computer chips, and videocassette recorders under such brand names as Panasonic, Quasar, and National.
Agilent Technologies, which supplies testing equipment and chips to telecom makers, sees "a pause" in torrid growth.
PHY layer measurements are performed for various reasons such as functional tests done during design and development of wireless LAN WLANN) equipment and chips.
Comprised of long-established companies with decades long history on how they respond to extended business cycles, the chip equipment companies lag chip maker financials by about six months.
Veeco makes production and measurement equipment for chip makers, data storage, telecommunications and scientific research, and since going public in 1994, it has spent more than $1 billion, mostly in stock, to buy 11 related companies.
Nikon rose 4.3%, to 3,050 yen ($28.09), prior to its earnings announcement, which revealed a drop in first-quarter profits owing to slower sales of stepper equipment for chip manufacturing.
In addition to domestic operators like Huawei and ZTE, foreign telecom equipment and chip makers hoping to peg their growth to the expansion of China Mobile's 4G network include Ericsson, Nokia Siemens, Alcatel-Lucent, Qualcomm and Samsung Electronics.
But the news had a domino effect on chip and chip equipment stocks, and the Philadelphia semiconductor index fell 1.40percentt.
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