Cisco Q2 earnings beat estimates
Cisco Systems had net income of US$660 million in the second quarter of fiscal 2002, on revenue of $4.8 billion, the company said in a statement Wednesday.
Cisco Systems had net income of US$660 million in the second quarter of fiscal 2002, on revenue of $4.8 billion, the company said in a statement Wednesday.
Compaq Computer posted financial results for the fourth quarter of 2001 that beat analysts' expectations and its own earlier revenue estimates, though revenue still lagged behind its performance of a year earlier.
Nortel Networks has sued Kyocera Wireless over alleged infringement of four Nortel patents on CDMA (Code-Division Multiple Access) technology, according to Nortel spokesman David Chamberlin.
Microsoft will announce support for the Bluetooth wireless network technology in Windows XP, an executive of the Bluetooth Special Interest Group (SIG) said at the Bluetooth Developers Conference in the US.
Amid a tough financial environment for service providers, Cisco plans to continue investing in its optical-network equipment line to help carriers and corporations make better use of optical networks.
Redback Networks, a young star back in the days when consumers looked like a gold mine for broadband network builders, is now banking on a comeback with equipment designed mostly for business services.
Lucent Technologies is putting its corporate professional services unit up for sale as it streamlines its operations to focus on large service providers.
Hardware flaws in some Cisco firewalls for corporate central and branch offices have caused the systems to hang or shut themselves down and forced Cisco to replace the affected boxes.
Compaq has filed lawsuits against executives of two US companies for more than $US20 million after the companies allegedly defrauded Compaq of product rebates and special marketing funds, the company said Wednesday.
Hong Kong customs investigators on Friday raided two small interior design companies in Hong Kong, where they arrested employees and seized PC hard disk drives in the first enforcement of a recently introduced criminal law against using pirated software.
Steep price declines have decimated the ranks of VoIP (Voice over Internet Protocol). Telephone service providers in Asia-Pacific may finally be bottoming out in some areas, but the technology still is being used primarily for inexpensive long-distance calls, according to participants at iLocus Show Asia 2001.
Global PC shipments declined by 2 per cent in the second quarter of this year from the same period last year, logging the first year-over-year quarterly decline ever, market research company International Data Corp, (IDC) reported last week.
Intel has met the demands of system manufacturers and unveiled a new chipset that will allow the Pentium 4 microprocessor to be used with DDR-DRAM (double data rate dynamic random access memory) and SDRAM (synchronous DRAM) chips rather than the more expensive Rambus DRAM chips.
Via Technologies and its foundry partner, Taiwan Semiconductor Manufacturing (TSMC), on Tuesday left big-name U.S. and European chip makers in the dust as they roared into new chip territory, introducing a new Via C3 processor manufactured using 0.13 micron technology.
Legend Holdings, China's biggest PC maker, reported net income up 68.7 per cent from a year earlier for the third quarter ended December 31, 2000, on consolidated revenue up 50.4 per cent.