During this week, Texas Instruments Incorporated (NASDAQ:TXN) announced that the company is partnering with Netas, which is a Turkey based technology services and value-added systems integrationservices company delivering in the fields of communications and information, on an LTE-Advanced (LTE-A) macro base station. The new LTE Advanced station is aimed to facilitate a latest public safety network, which is authorized by the Turkey’s government. Netas will implement its own patented software and has also chosen the company’sTCI6638K2K, which is aKeyStoneTM-based wireless infrastructure System-on-Chip (SoC). Netas will use the application for the baseband processing in its solution. Texas Instruments Incorporated (NASDAQ:TXN) net profit margin is 18.30% and weekly performance is 1.75%. On last trading day company shares ended up $48.33. Analysts mean target price for the company is $49.18. Texas Instruments Incorporated (NASDAQ:TXN) distance from 50-day simple moving average (SMA50) is 4.51%.
STMicroelectronics NV (ADR) (NYSE:STM)’s latest 1200V IGBTs leverage second-generation trench-gate field-stop high-speed technology to boost energy efficiency and ruggedness in applications such as solar inverters, welders, uninterruptible power supplies, and Power-Factor Correction (PFC) converters. STMicroelectronics NV (ADR) (NYSE:STM) shares advanced 0.10% in last trading session and ended the day on $9.58. STM gross Margin is 32.70% and its return on assets is -5.60%.STMicroelectronics NV (ADR) (NYSE:STM) quarterly performance is 6.09%.
International Business Machines Corp (NYSE:IBM) is nearing a deal with GlobalFoundries Inc for its chip-manufacturing business, according to people familiar with the matter, after searching for a buyer for the money-losing unit since last year. International Business Machines Corp. (NYSE:IBM) shares moved up 0.74% in last trading session and was closed at $182.56, while trading in range of $181.52 – $183.00. International Business Machines Corp. (NYSE:IBM) year to date (YTD) performance is -1.57%.
Panasonic Corporation (ADR) (OTCMKTS:PCRFY) has introduced the KX-UTG200B and KX-UTG300B SIP (session initiated protocol) phones. The phones are fully interoperable with leading hosted and open-source based IP PBX (private branch exchange) platforms. They provide a range of enterprise-class functionality to business customers including call forwarding, intercom, voice mail to email, fax to email, dial by name directory, multiple extensions, one-touch conferencing, and other unified communications tools. Panasonic Corporation (ADR) (OTCMKTS:PCRFY) ended the last trading day at $11.79.
At the site, Toshiba Corp (USA) (OTCMKTS:TOSYY)’s Advanced Liquid Processing System (ALPS), which was designed to remove the most dangerous nuclides from water, has been in intermittent operation for the past two years, Reuters reported. On last trading day company shares ended up $26.40.