On Friday, Shares of QUALCOMM, Inc (NASDAQ:QCOM), gain 0.16% to $57.45.
QUALCOMM, Inc, declared that its wholly-owned partner, Qualcomm UK Spectrum (QUKS), has agreed to sell the entirety of its UK L-Band spectrum (1452 – 1492 MHz) in two separate transactions.
Under a transaction between QUKS and Vodafone UK (Vodafone), Vodafone agreed to purchase 20 MHz of the spectrum. Under a separate transaction between QUKS and Hutchinson 3G UK Limited (H3G), H3G has agreed to purchase 20 MHz of the spectrum.
Harmonized and mandated for mobile broadband by the European Union in May 2015, L-Band spectrum can be used for Supplemental Downlink (SDL), assisting Mobile Network Operators to meet the global demand for raised mobile data traffic.
SDL can assist meet the demand for more downlink centric services, such as video on-demand, to be delivered seamlessly to mobile devices over a cellular data connection, even as data traffic levels continue to enhance. It also delivers enhances in downlink user experience through aggregation with licensed Frequency-Division Duplexing (FDD) spectrum.
Both sales are subject to regulatory approval and other customary closing conditions. Both QUKS and Vodafone and H3G will shortly submit respective applications to transfer the spectrum for UK communications regulator Ofcom approval. Details of the terms of the sales are not revealed.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products.
Shares of Kroger Co (NYSE:KR), declined -1.66% to $34.94, during its last trading session.
The Kroger Co. (KR) will host a conference call with investors on Friday, September 11, 2015 at 10 a.m. (ET) to talk about financial results for the second quarter 2015.
The presentation will be broadcast online at ir.kroger.com. Click on “Quarterly Results” to access the event. An on-demand replay of the webcast will be accessible from about 1 p.m. (ET) Friday, September 11 through Friday, September 25, 2015.
The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, in addition to meat, dairy, baked goods, and fresh produce items.
Finally, Cypress Semiconductor Corporation (NASDAQ:CY), ended its last trade with 2.13% gain, and closed at $10.09.
Cypress Semiconductor Corporation, declared its highly integrated, single-chip Bluetooth® Low Energy solutions are now accessible in new packaging and temperature range options. The PSoC® 4 BLE Programmable System-on-Chip and PRoC™ BLE Programmable Radio-on-Chip solutions each now have an option for a micro-ball Chip Scale Package (CSP) optimized to bring Bluetooth Smart connectivity to secure credit card applications. The package is only 0.38-mm thick, making the reliable and fully Bluetooth-certified solutions ideal to replace chip-on-board devices.
Cypress also offers solutions with an extended industrial temperature range option with operation from -40 degrees C to +105 degrees C. This ensures compriseent product performance throughout this temperature range for industrial, automotive and lighting applications that must operate in extreme climates. Both the micro-ball CSP package and extended industrial temperature options will be accessible for the 128KB and 256KB flash versions of the PSoC 4 BLE and PRoC BLE solutions. The new offerings are pin-to-pin compatible with Cypress’s original Bluetooth Low Energy solutions, simplifying upgrades.
“Bluetooth Low Energy is quickly expanding its market reach and Cypress is continually innovating to address requirements for a diverse set of emerging applications,” said Eran Sandhaus, Vice President, Wireless Product Family at Cypress. “These new CSP and temperature options bring the ease-of-use, programmability and robust, low-power performance of our PSoC 4 BLE and PRoC BLE solutions to an even broader range of customers.”
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
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