Revenue generated by the global smartphone applications processor market grew by 65% year-on-year in Q2 2011, according to a Strategy Analytics report.
In total, the smartphone chip market generated $1.7 billion during the quarter.
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In this week's podcast we’re talking about smartphone sales from Nokia and Apple, redundancies at RIM, the closure of Google Labs, gesture recognition technology, customer service research and the growth (or not) of mobile payments.
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Qualcomm Incorporated has acquired a collection of gesture-recognition assets from GestureTek. GestureTek will retain a number of other assets connected with its gesture-controlled digital sign business.
Gesture recognition technology will now be integrated into Qualcomm's Snapdragon processors, giving manufacturers the ability to produce smartphones, tablets and entertainment devices that are controlled by human gestures.
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Chip designer and technology developer Qualcomm Incorporated has announced results for the third quarter of its current financial year.
The figures, for the three months ending 26th June 2011, showed revenue up 34% year-on-year to $3.62 billion. Net quarterly income was up 35% from 2010 to $1.04 billion.
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Qualcomm Incorporated has agreed to acquire Rapid Bridge LLC, a San Diego-based semiconductor technology business.
The deal is expected to be completed by the end of the 2011 financial year.
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