To: cmg who wrote (16) | 4/14/2005 1:51:26 PM | From: cmg | | | Welcome, cmg111 [Sign Out] My Yahoo! View - Customize Financial News Enter symbol(s) BasicPerformanceReal-time MktDetailedChartResearchOptionsOrder Book Symbol Lookup
Press Release Source: QuickLogic Corporation
QuickLogic Corporation Announces Q1 FY2005 Earnings Conference Call Thursday April 14, 11:18 am ET
SUNNYVALE, Calif.--(BUSINESS WIRE)--April 14, 2005--QuickLogic Corporation (Nasdaq:QUIK - News), has scheduled a conference call to discuss the company's operating results for its first quarter 2005 on Wednesday, April 27th, 2005, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time. QuickLogic Corporation will issue a news release announcing the company's first quarter 2005 results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time (AMC) on April 27th, 2005. The conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call 1-866-761-0748 or International 1-617-614-2706 by 2:20 p.m. Pacific Time on April 27th, 2005. You will need to reference the passcode: 92426352. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode: 36758781. Both the webcast and the call recording will be archived until May 11th, 2005.
About QuickLogic
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From: cmg | 4/19/2005 10:01:01 AM | | | | QuickLogic Enables the Adoption of Atheros Communications' Advanced Wireless LAN Chipsets Monday April 18, 8:02 am ET uWatt Programmable Bridges Enable WLAN Connectivity Between Embedded Systems and Atheros Communications' 802.11a/b/g Chipsets
SUNNYVALE, Calif.--(BUSINESS WIRE)--April 18, 2005--QuickLogic Corporation (NASDAQ:QUIK - News), a pioneer of Embedded Standard Products and uWatt FPGAs, announced its uWatt Programmable Bridge optimized for the Atheros Communications® (NASDAQ:ATHR - News) line of 802.11a/b/g chipsets. The QuickPCI-based bridge solution helps Atheros Communications address additional high volume markets by enabling the necessary connectivity between its PCI-based WLAN chipsets and embedded processors that do not natively support PCI. The single-chip, low-power programmable bridge is ideally suited for applications such as handheld GPS, VoWLAN PDAs, and smartphones. ADVERTISEMENT In addition to the bridge, QuickLogic has developed a complete Wi-Fi connectivity solution based on Atheros Communications' AR5006XS single chip 802.11a/b/g miniPCI module. The solution includes a daughtercard that plugs seamlessly into the Intel® PXA270-based Processor Developer Kit ("Mainstone" DVK) and a complete Board Support Package (BSP) for the Linux operating system. The daughtercard connects easily into the VLIO connector of the DVK and enables the WLAN module via a miniPCI connector.
This entire design, accomplished through a close collaboration between Atheros Communications and QuickLogic, accelerates developers' time to market, while significantly reducing both development costs and project risk. Intelligent circuitry implemented in the QuickLogic Programmable Bridge provides additional power management functionality that increases system operating time, while being battery powered. QuickLogic plans to support the Windows CE and Windows Mobile operating systems in the future.
"Atheros has demonstrated clear leadership in the WLAN market by being the first to deliver a single chip 802.11a/b/g solution," says Dr. Craig Barratt, president and CEO of Atheros Communications. "QuickLogic's low power programmable interconnect solutions enable our customers to extend Wireless LAN connectivity to mobile embedded systems such as VoIP Phones, and Personal Digital Assistants (PDAs)."
"Atheros Communications has experienced phenomenal adoption of its Wireless LAN technology in the personal computer and networking equipment markets," said Tom Hart, QuickLogic's chairman, president and CEO. "We look forward to enabling designers of mobile embedded systems to reap the many benefits of Atheros' innovative single chip WLAN devices."
Availability
QuickLogic demonstrated their Wi-Fi 802.11a/b/g connectivity platform based on Atheros' WLAN technology during the Embedded Systems Conference (ESC) San Francisco 2005. The QuickPCI device is released for production. For pricing, contact your local QuickLogic sales representative at www.quicklogic.com/sales. |
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From: cmg | 4/20/2005 1:34:56 PM | | | | Intel silent on data Flash By David Manners , Electronics Weekly (UK)
Intel is not giving any date for producing a Flash memory for mass storage applications, despite saying for 10 months that it intends to enter the market.
“We want to be number one in the total Flash market. We need a product to compete with NAND,” says Thomas von Bauer, Intel’s Flash marketing manager for Europe, Middle East and Africa.
Last June, Peter Van Deventer, director of the Flash products group at Intel, told Electronics Weekly (UK): “We are going to compete in data, and there is no reason it can’t be served by NOR. We believe we can increase the NOR write speed by ten times in the next 12 months and by 30 times in the next 12 to 18 months.”
However, asked recently about the introduction date for the mass storage product, von Bauer replied: “Some day.” He would not comment on the reasons for the uncertainty about the launch date, or about the length of time it is taking to implement the mass storage strategy.
Van Deventer says: “We believe we can do some very creative things in NOR so we can compete.”
However, the technical task involved in taking a NOR cell, which is 2.5 times bigger than a NAND cell and some 10 times slower to write to, could be proving a barrier. “NOR with the same write speed and same cost as NAND would address the mass storage market,” says von Bauer.
Bertrand Cambou, president and CEO of Flash rival Spansion, said: “Intel is taking a tough road. It is trying to do spectacular things with MLC [multi-level cell]. I think they are at the end of the road of their current approach, but they keep on downplaying the new ideas.” |
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From: cmg | 4/25/2005 8:50:10 PM | | | | Atheros Communications Announces Q1 2005 Results SUNNYVALE, Calif. - PRNewswire-FirstCall - April 25 SUNNYVALE, Calif., April 25 /PRNewswire-FirstCall/ -- Atheros Communications, Inc. (NASDAQ:ATHR), a leading developer of advanced wireless solutions, today announced financial results for the first quarter 2005, ended March 31, 2005.
Revenue in the first quarter was $41.2 million, compared with $41.7 million in the fourth quarter. Gross margins in the first quarter were 44.5 percent, unchanged from the fourth quarter.
In accordance with U.S. generally accepted accounting principles (GAAP), the company's first quarter net income was $1.7 million, or earnings of $0.03 per diluted share on 53.8 million average shares outstanding. This compares with GAAP net income of $2.2 million, or $0.04 per diluted share on 53.5 million average shares outstanding in the fourth quarter of fiscal 2004.
Total cash and investments were $158.9 million at March 31, 2005, an increase of $4.4 million over the $154.5 million reported at Dec. 31, 2004.
Atheros reports net income and basic and diluted net income per share in accordance with GAAP and additionally on a non-GAAP basis. Non-GAAP net income, where applicable, excludes the effect of the amortization of stock- based compensation. In the first quarter of 2005, non-GAAP net income was $2.1 million, or $0.04 per diluted share, compared with non-GAAP net income of $2.8 million, or $0.05 per diluted share, in the fourth quarter of fiscal 2004.
"We remain focused on becoming the number one wireless LAN semiconductor solutions provider in the world for the retail, PC, consumer electronics and enterprise markets," said Craig Barratt, president and CEO of Atheros. "In addition to investing in R&D for new high-growth WLAN markets, including mobile and other embedded applications, we continue to invest more than $3 million per quarter in R&D related to non-WLAN, strategic high growth markets. We expect to see return on this investment beginning later this year.
"We are on track to begin volume shipments of our recently announced single-chip cellular solution mid-year, and expect it to contribute significantly to overall revenue in the second half of 2005. The AR1900, the world's first single-chip cellular solution for the PHS (Personal Handyphone System) market, represents a sizeable incremental revenue opportunity for Atheros this year and beyond," said Barratt.
Recent Technology Highlights Atheros recently announced four new products:
-- The AR1900 implements a complete cellular transceiver, baseband, application processor, audio paths, power management, and keypad, display and USB interfaces.
-- The AR5005VL chipset is a new wireless MIMO solution that delivers industry-leading throughput and provides maximum compatibility for the millions of Wi-Fi products in the market.
-- The AR5006EX and AR5006EG are the world's first complete single-chip IEEE 802.11a/g and 802.11g WLAN solutions with support for PCI Express(TM). These chips integrate an entire WLAN solution -- Media Access Controller (MAC), baseband processor, and a high-performance 2.4/5 GHz radio or 2.4 GHz radio -- in a low-cost digital CMOS design.
-- JumpStart for Wireless(TM) software allows consumers and SOHO users to install, configure and secure a wireless network with just three mouse clicks.
Recent Customer Highlights
A number of industry-leading customers including Aruba Networks, Belkin, D-Link, Juniper Networks, KT (formerly Korea Telecom), Lenovo Group Limited (formerly Legend Computer) and Strix Systems recently announced new products incorporating Atheros technology.
-- Aruba Networks' Aruba 80 is a new multi-purpose, dual-band outdoor access point (AP) based on Atheros 802.11a/g wireless technology. It is ideally suited for extending enterprise wireless networks outdoors while providing high performance wireless bridging services.
-- Belkin's new Wireless A+G product line is based on Atheros 802.11a/g technology, and includes routers, notebook network cards, desktop network cards and USB network adapters.
-- D-Link introduced its new D-Link Super G(R) with MIMO line of networking products based on Atheros 802.11g technology. These products incorporate beamforming and receive-combining MIMO technology to significantly boost the performance and range of a new wireless network while providing maximum compatibility and performance for the tens of millions of 802.11a/g and 802.11g clients that are in the market already.
-- Juniper Networks selected the company's 802.11g wireless LAN chipset to provide support for its newly introduced, next-generation NetScreen-5GT Wireless firewall and virtual private network appliance.
-- KT, the largest telecommunication services provider in Korea, selected Atheros' 802.11a/g technology for its 5GHz/2.4GHz dual-band WLAN products. These products will be branded with the company's Super AG(R) logo.
-- Lenovo Group Limited, the largest PC vendor in China, integrated Atheros' high-performance, single-chip 802.11g solution into new wireless- enabled laptops that will be sold in China and other markets.
-- Strix Systems, a leader in high-performance wireless mesh networking, is using Atheros' 802.11a/g chipset technology in its Access/One Network OWS (Outdoor Wireless System). This high-capacity wireless system designed for outdoor deployments in municipal and metropolitan area networks uses multiple radios, multiple channels and multiple radio frequency (RF) technologies to build high performance mesh networks for wireless backhaul and client connectivity.
Conference Call
Atheros will broadcast its first quarter 2005 |
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From: dvdw© | 4/27/2005 5:32:50 PM | | | | NEWS: Nokia unveils new premium phones; Luxury products take aim at Apple iPods, Canon cameras
Reuters Updated: 1:23 p.m. ET April 27, 2005
AMSTERDAM - Nokia unveiled new premium phones on Wednesday that included one with an MP3 music player that it said will outsell Apple’s iPod and a camera phone that it forecast will surpass Canon, the world’s top digital camera maker.
The world’s top mobile phone maker expects its new luxury “Nseries” handsets, which feature built-in hard drives and high-quality camera lenses, to boost sales by differentiating it and increasing its industry-leading margins.
Chief Executive Jorma Ollila said Nokia would sell 25 million smartphones -- handsets that offer limited PC-type functions like e-mail, more than double the 12 million it sold in 2004.
He also said at a company event in Amsterdam that the company expected to ship 100 million camera phones in 2005, and that Nokia would sell 40 million phones with MP3 digital music players this year, compared with 10 million in 2004.
By comparison, Apple said it sold 5.3 million iPods in the first three months of 2005 while Canon was the top seller of digital cameras in 2004, with 17 percent of the global market of 74 million units, according to research firm IDC.
First phone with hard drive Nokia unveiled its N91 multimedia phone, which will have a 4-gigabyte hard drive that can store thousands of music files. The phone, which will also run on high-speed 3G and wireless LAN networks, is due out by the end of the year.
Nokia said its other new phones, the N90 and the N70, will have two-megapixel cameras with high quality Carl Zeiss lenses. The N90 will be in shops in the second quarter at a price of around 600 euros ($784), while the N70, also a 3G phone, will hit the shelves in the third quarter. Apple’s original iPod retails for about 319 euros in Europe while Canon’s cameras start at less than half the cost of the N90.
“Who would have thought that Nokia would be the biggest MP3 and digital camera maker?” said Anssi Vanjoki, the head of Nokia’s multimedia devices.
The company launched the new N-series sub-brand to make the new phone line-up stand out as luxuries specifically designed for high quality photos, video and music.
“Nokia is (already) a symbol of mobility. We’re introducing a completely new brand. (to make) a distinction to define a completely new category, which is multimedia,” Vanjoki said.
Competition The new brand will help Nokia’s camera and music phones distinguish itself from rivals, said Charles Dunstone, chief executive of Carphone Warehouse, in a video showed at the event. Samsung has already unveiled camera phones with higher resolution than Nokia’s as well as a hard disk-based music phone, while Sony Ericsson will launch a Walkman phone after the summer holidays.
As phone subsidies from operators come under pressure due to cost cuts and aggressive price competition by virtual mobile operators, the new sub-brand may also convince consumers that they can pay more for their mobile phones, because they are buying a phone as well as a full-fledged music player and camera, Vanjoki said.
“Now there’s no need to take a separate camera with you to make pictures,” he said as he pointed to the Zeiss lenses also used in high-quality standalone cameras.
Music service not ready The hard disk-based music phone would have been launched sooner but Nokia is still working with Microsoft and its online partner OD2 to develop a music download service for mobile devices, Vanjoki told Reuters in an interview.
“But it will be this year. We’re not going to miss Christmas,” he said.
Nokia is also confident there will be an open standard for digital music protection, which it intends to use in its phones. Nokia does not want to use a proprietary format from Microsoft, despite an ongoing argument between the mobile phone industry and a handful of patent holders of key anti-piracy technology, he said.
“I think there will be more discussions, but it’s starting to look better,” Vanjoki said, referring to a more modest royalty payments proposal that was tabled by the patent holders two weeks ago.
Last week, Nokia pared back its expectations for sales of third-generation phones, which Vanjoki attributed more to the high price of video and other data services rather than the design of the phones. “It’s expensive,” Vanjoki said.
His multimedia division, which turned to profit in the first quarter, has recently transferred its first two models to the Nokia Mobile Phones division, which deals with volume production of mainstream devices, and this will happen more often in the future, Vanjoki said.
It also means that Nokia’s Multimedia unit will stay on the cutting edge of technology and innovation, which will bring more risk, he said. “Not everything works,” he warned.
URL: msnbc.msn.com |
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From: SGJ | 4/28/2005 1:12:48 PM | | | | QuickLogic Announces First Quarter Results; Revenue Increases 21% Year-on-Year and Company Returns to Profitability SUNNYVALE, Calif.
QuickLogic Corporation Carl M. Mills, 408-990-4000 cmills@quicklogic.com Ann McMichael, 905-940-4149 (Investor Relations) amcmichael@quicklogic.com
QuickLogic Corporation (Nasdaq:QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the first quarter ended March 31, 2005.
Revenue for the first quarter of 2005 was $12.5 million, up 21% from revenue of $10.4 million in the first quarter of 2004, and up 13% sequentially as compared to the fourth quarter of 2004. ESP and Advanced ESP products contributed 34% of revenue in the first quarter of 2005. Under generally accepted accounting principles (GAAP), net income for the first quarter of 2005 was $0.9 million, or $0.03 per share, as compared to a net loss of $1.4 million, or $0.06 per share, in the first quarter of 2004, and as compared to a net loss of $6.0 million, or $0.23 per share, in the fourth quarter of 2004.
The pro forma net income for the first quarter of 2005 was $0.9 million, or $0.03 per share, as compared to a net loss of $1.4 million, or $0.06 per share, in the first quarter of 2004, and as compared to a net loss of $1.3 million, or $0.05 per share, in the fourth quarter of 2004.
QuickLogic reports net income (loss) and net income (loss) per share in accordance with GAAP and additionally on a non-GAAP, or pro forma, basis. Pro forma results, where applicable, exclude write-downs of the Company's investment in Tower Semiconductor Ltd., the write-off of long-lived assets and long-lived asset impairments. There was no difference between GAAP and pro forma net income (loss) in the first quarter of 2005 or in the first quarter of 2004.
"We are very pleased with 13% sequential revenue growth and particularly our return to profitability in the first quarter," said Tom Hart, Chairman, President and CEO. "Net bookings in the quarter were at an all time high. In addition, our new QuickPCI II and Eclipse II FPGAs -- the lowest power FPGAs in the industry -- continue to build design momentum with our customers and partners. Our confidence in the revenue potential from these products continues to grow."
Conference Call
Our conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the conference call, please call 1-866-761-0748 or 1-617-614-2706 (international) by 2:20 p.m. Pacific Time on April 27, 2005. You will need to reference the pass code: 92426352. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 36758781. Both the webcast and the call recording will be archived until May 11th, 2005.
About QuickLogic
QuickLogic Corporation (Nasdaq:QUIK) invented and has pioneered the Embedded Standard Product (ESP) architecture, with the introduction of our first products in 1998. ESPs are semiconductor devices that deliver the guaranteed performance, lower cost and lower risk of standard products, coupled with the flexibility and time-to-market benefits of programmable logic. QuickLogic's proprietary ViaLink metal-to-metal interconnect technology offers significant benefits -- including very low power at high performance levels -- to our customers and is the foundation of our ESP product families, as well as our core FPGA products. Founded in 1988, the Company is located at 1277 Orleans Drive, Sunnyvale, CA 94089-1138. For more information, please visit the QuickLogic web site at www.quicklogic.com. |
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To: SGJ who wrote (22) | 5/2/2005 11:58:51 AM | From: cmg | | | QuickLogic Announces uWatt Programmable Controller for the Intel PXA2XX Processor Line Monday May 2, 8:30 am ET
SUNNYVALE, Calif.--(BUSINESS WIRE)--May 2, 2005--QuickLogic Corporation (Nasdaq: QUIK - News): Ultra Low Power Programmable Controller enables rapid adoption of Miniature Hard Disk Drive (HDD) technologies into Intel® PXA2XX-based embedded systems QuickLogic HDD Solution Pack reduces risk and time to market QuickLogic Corporation (Nasdaq: QUIK - News), a pioneer of Embedded Standard Products and uWatt FPGAs, announced their uWatt Programmable Controller optimized for the Intel® PXA2XX Processor line based on Intel's XScale® technology. The QuickLogic programmable Hard Disk Drive (HDD) controller solution enables designers to expand the Intel® PXA2XX processor's native interface set to communicate with IDE-based HDDs. Applications such as Handheld Navigational Equipment, Portable Media Players and Portable Medical Systems all stand to benefit from QuickLogic's industry-leading low power technology.
The QuickLogic programmable controller has been architected specifically to ensure the highest system bandwidth at the lowest power consumption. In consumer electronic (CE) products, particularly multimedia players, processor bandwidth is a precious commodity. By embedding dedicated sector buffers, and by offloading the PXA processor from managing the overhead of IDE timing and polling operations, the QuickLogic controller enables the PXA processor to operate on other processor-intensive tasks concurrently.
In addition to the device itself, QuickLogic has developed a complete HDD Solution Pack that includes a daughtercard for the Intel® PXA270-based Processor Developer's Kit ("Mainstone" DVK) and a complete Board Support Package (BSP) for the Windows CE and Windows Mobile operating systems. A BSP for the Linux operating system will be released in the near future. The daughter card supports all IDE-compatible HDDs, including the 1.8" and 1.0" form factor miniature disk drives optimized for space-constrained and power-starved consumer products. The Solution Pack enables designers to make system architecture tradeoffs including power consumption, performance and cost, improving developers' time to market and eliminating risk.
"The combination of Intel's PXA processor and QuickLogic's programmable IDE controller is the ideal solution for system developers looking for a low power, high performance answer to the challenge of adding hard disk storage to their portable embedded systems," said Kevin Yee, QuickLogic's Director of Business Development.
"Small form factor storage (HDD) is a key element for today's latest embedded handheld applications where a very large amount of storage of data and rich media is required, such as portable media players and navigation systems," said Scott Dunagan, Intel's Director of Marketing for embedded PXA2XX products. "QuickLogic's uWatt programmable controller provides our embedded customers with a hard disk drive solution with minimal impact to system cost, power and board space."
The release of this uWatt programmable controller solution underscores QuickLogic's commitment to providing low power connectivity between the Intel® PXA2XX family of processors and a host of emerging networking, storage and media processing technologies that target portable and handheld markets. QuickLogic recently announced its first uWatt programmable bridge enabling the seamless integration of PCI-based peripherals such as Wi-Fi chipsets, Ultra-Wideband (UWB) devices and Ethernet controllers into embedded systems based on the Intel PXA2XX processor line.
QuickLogic will host a TechOnLine online seminar related to this announcement on May 4, 2005 at 10:00 a.m., PST. To register for the seminar, please go to: www.quicklogic.com/seminar
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From: cmg | 5/9/2005 9:50:08 AM | | | | QuickLogic Corporation to Present at the American Electronics Association Micro Cap Financial Conference Monday May 9, 8:01 am ET
SUNNYVALE, Calif.--(BUSINESS WIRE)--May 9, 2005--QuickLogic Corporation (Nasdaq:QUIK - News), today announced that it will present at the American Electronics Association's Micro Cap Financial Conference on Tuesday May 17, 2005 at the Monterey Plaza Hotel, located at 400 Cannery Row, Monterey, CA. During the event, Mr. E. Thomas Hart, QuickLogic chairman, president and chief executive officer, and Carl Mills, QuickLogic chief financial officer will provide an overview of the company's strategy, industry trends influencing its business, and the company's value proposition. There will be a live webcast of the event available through QuickLogic's web site at www.quicklogic.com/investors.
About QuickLogic |
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From: Roy F | 7/12/2005 2:28:41 PM | | | | QuickLogic files for $30 mln securities shelf Tue Jul 12, 2005 08:58 AM ET WASHINGTON, July 12 (Reuters) - QuickLogic Corp. (QUIK.O: Quote, Profile, Research) , which designs and sells computer chips, filed with regulators on Tuesday to periodically sell up to $30 million in common and preferred stock, depositary shares, and warrants. According to a registration statement with the U.S. Securities and Exchange Commission, the Sunnyvale, California-based company will use the proceeds from the offering for general corporate purposes and working capital requirements.
Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale. |
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