Archive for June 19th, 2009

Telit filling the gap left by Kyocera in M2M

Telit Communications (LON:TEL) is taking advantage of the vacuum left by Kyocera’s abrupt exit from the M2M module business to establish a foothold in the CDMA telematics markets. This week, Telit announced that its first CDMA product, a dual-band 1X module, has been approved for Sprint’s 2.5G network.

The Italian machine-to-machine module maker has always focused on the GSM/UMTS embedded devices markets, while Kyocera (NYSE:KYO) has focused on CDMA. In March, though Kyocera shocked the industry by closing the division down outright. more

RIM’s not scared of Apple, but maybe it should be

Despite increasing competition in the smartphone space, Research In Motion (NASDAQ:RIMM) shipped 7.8 million devices in the first quarter and saw its revenue grow by 33%. The BlackBerry maker reported its first-quarter earnings last night, and told investors that even though it expects second-quarter revenues to be lower than Q1, it isn’t afraid of its growing competition. more

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