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Apple supplier Skyworks forecasts upbeat quarterly results on strong chip demand
Apple supplier Skyworks forecasts upbeat quarterly results on strong chip demand

Yahoo

time5 days ago

  • Business
  • Yahoo

Apple supplier Skyworks forecasts upbeat quarterly results on strong chip demand

(Reuters) -Apple supplier Skyworks Solutions forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, benefiting from steady demand for its analog chips amid economic uncertainty, sending its shares up around 10% in extended trading. Demand for Skyworks' chips has remained strong, supported by their applications across industries such as automotive and mobile, even as global trade tensions raise concerns over supply chain disruptions and rising costs. "We're encouraged by the momentum in mobile and steady strength across our broad markets, driven by long-term growth trends in edge IoT, automotive and data center," CEO Phil Brace said. Skyworks designs and manufactures analog and mixed-signal chips used in wireless communication, automotive, industrial and consumer electronics. Earlier this year, the company named insider Robert Schriesheim as interim finance chief, after Mark Dentinger, who was initially set to assume the role, decided not to join. Skyworks forecast fourth-quarter revenue between $1 billion and $1.03 billion, compared with analysts' estimates of $887.4 million, according to data compiled by LSEG. The company expects fourth-quarter adjusted earnings per share of $1.40, ahead of analysts' expectations of 97 cents per share. For the third quarter ended June 27, Skyworks reported revenue of $965 million, beating expectations of $940.9 million. Profit per share for the quarter came in at 70 cents, compared with 75 cents per share a year earlier. Inicia sesión para acceder a tu portafolio

Apple supplier Skyworks forecasts upbeat quarterly results on strong chip demand
Apple supplier Skyworks forecasts upbeat quarterly results on strong chip demand

Reuters

time5 days ago

  • Business
  • Reuters

Apple supplier Skyworks forecasts upbeat quarterly results on strong chip demand

Aug 5 (Reuters) - Apple supplier Skyworks Solutions (SWKS.O), opens new tab forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, benefiting from steady demand for its analog chips amid economic uncertainty, sending its shares up around 10% in extended trading. Demand for Skyworks' chips has remained strong, supported by their applications across industries such as automotive and mobile, even as global trade tensions raise concerns over supply chain disruptions and rising costs. "We're encouraged by the momentum in mobile and steady strength across our broad markets, driven by long-term growth trends in edge IoT, automotive and data center," CEO Phil Brace said. Skyworks designs and manufactures analog and mixed-signal chips used in wireless communication, automotive, industrial and consumer electronics. Earlier this year, the company named insider Robert Schriesheim as interim finance chief, after Mark Dentinger, who was initially set to assume the role, decided not to join. Skyworks forecast fourth-quarter revenue between $1 billion and $1.03 billion, compared with analysts' estimates of $887.4 million, according to data compiled by LSEG. The company expects fourth-quarter adjusted earnings per share of $1.40, ahead of analysts' expectations of 97 cents per share. For the third quarter ended June 27, Skyworks reported revenue of $965 million, beating expectations of $940.9 million. Profit per share for the quarter came in at 70 cents, compared with 75 cents per share a year earlier.

Revolutionizing Wireless Networks: The Power Of AGI And Agentic AI
Revolutionizing Wireless Networks: The Power Of AGI And Agentic AI

Forbes

time08-07-2025

  • Business
  • Forbes

Revolutionizing Wireless Networks: The Power Of AGI And Agentic AI

Ranganath Taware is Chief Architect at Capgemini America Inc. 24+ yrs in telecom & AI. Leads GenAI, Telecom B/OSS innovation. The combination of wireless networks, agentic AI and artificial general intelligence (AGI) represents a new era of intelligence and connectivity. These platforms have the potential to redefine wireless communication and offer a wide range of applications across numerous industries through network management, security and performance improvement. The leveraging of AGI and agentic AI in wireless networks will mean meeting ethical, technological and collaboration-based challenges along the way as we create a smarter, more connected world. Understanding Artificial General Intelligence AGI is AI that understands, learns and applies knowledge across various tasks at a human-like level. Unlike narrow AI focused on specific tasks, AGI can adapt and perform different functions autonomously, potentially revolutionizing multiple industries, including wireless communication. AGI learns from experience without requiring programming for every task. It employs learning in one context and generalizes it to others, showing adaptability. It also mimics human intellect to understand complex scenarios, make decisions and solve issues effectively. Comprehending Agentic AI Agentic AI is a highly advanced AI that can act on its own, make choices, optimize action and learn from feedback from environment changes—opposite the conventional AI, which is dependent on preprogrammed inputs and instructions. It can anticipate needs and operate independently, and it can optimize performance by learning from outcomes and remodeling approaches. The Role Of Wireless Networks Wireless networks are the bonding agent of today's communication, ensuring end-to-end device connection over long distances without cables. Wireless networks have become necessary to facilitate mobile communication, Internet of Things (IoT) devices and real-time data exchange, making our world today so applicable. However, more devices translate into increased bandwidth requirements, which present the risk of congestion and loss of performance. Wireless networks also expose themselves to risks such as unauthorized access, loss of data and cyberattacks. Additionally, real-time applications require low latency—something that is hard to achieve consistently within wireless networks. Integrating AGI And Agentic AI With Wireless Networks: Real-World Impact From my own experiences, integrating AGI and agentic AI into wireless networks has produced tangible benefits for people and businesses alike. I helped a telecom company use agentic AI to reallocate bandwidth during peak times. Congestion complaints dropped by 30% and throughput increased by 28%. I worked with a financial firm to deploy an AGI-based system that neutralized a credential-stuffing attack in three minutes, compared to the previous 17-minute average, without human intervention. A smart logistics hub I worked with used AGI to reroute data paths in real time, reducing latency by 35% and achieving under-50-millisecond response times for autonomous vehicles. Applications Of AGI And Agentic AI In Wireless Networks Advancements in AGI and agentic AI are leading to significant enhancements in wireless network applications, particularly within the telecommunications, healthcare and smart city sectors. AGI and agentic AI can help telecom operators in the form of efficient network management, predictive maintenance and improved customer service. AI can foresee failures for preventive maintenance to reduce downtime. AI-driven customer support can deliver personalized assistance and quick solutions to grievances, improving experiences. Intelligent resource and traffic management can ensure uninterrupted high-speed connectivity during peak hours. Number Analytics noted that "AT&T's implementation of AI-driven troubleshooting has reduced the average time to resolve network issues by 65%." T-Mobile is leveraging AI as it aims to reduce inbound customer contacts to its customer care department by 75%. According to CX Dive, Verizon Wireless's AI-based personal shopper and problem-solver platforms have reduced customer transaction times by two to four minutes. Some healthcare organizations using agentic AI have significantly improved efficiency and patient care. According to Commure, its users have reduced clinical documentation time by 81%, indicating that AI agents can help address real-world issues, enhance patient outcomes, expand access to care, reduce professional burdens and accelerate revenue growth. Smart cities can use AI and agentic AI to enhance urban efficiency and sustainability. These technologies can analyze large datasets related to traffic, energy and waste to optimize resource allocation. Looking ahead, AGI could play a crucial role by processing even more complex data and adapting to dynamic situations, enabling real-time adjustments for better resource management. For example, it could alter traffic lights to alleviate congestion or redirect resources based on real-time needs. Future Prospects And Challenges The confluence of AGI, agentic AI and wireless networks is full of great potential, but it also holds some challenges that must be addressed. Ethical concerns regarding privacy, usage of data and autonomy in decision making require the evolution of regulatory frameworks to ensure these systems operate under parameters that protect users' rights and interests. The compatibility, scalability and dependability of AGI and agentic AI-based wireless networks will be critical to enable their successful implementation. Collaboration between disparate disciplines like AI research, telecommunication, cybersecurity and ethics will be essential to harness the full potential of this technological synergy. Conclusion The convergence of AGI, agentic AI and wireless networks ushers in a new era of connectivity and intelligence. With enhanced network management, security and performance, such systems are capable of revolutionizing wireless communication and enabling a range of applications in different industries. As we transition into the future, the resolution of ethical, technological and collaborative problems will be key to unlocking the power of AGI and agentic AI within wireless networks, thereby contributing to a smarter and more connected world. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

Ketsen Names CTIconnect as Master Distributor for U.S. and Canada
Ketsen Names CTIconnect as Master Distributor for U.S. and Canada

Yahoo

time02-07-2025

  • Business
  • Yahoo

Ketsen Names CTIconnect as Master Distributor for U.S. and Canada

Partnership streamlines distribution and delivers faster, easier access to next-generation wireless communication hardware LEHI, Utah, July 02, 2025--(BUSINESS WIRE)--Ketsen, a leading innovator in complete network solutions for high-performance 60GHz mesh networks, has officially announced a strategic partnership with CTIconnect, naming the company its master distributor for the United States and Canada. The agreement will streamline distribution and improve product access and support for customers across the region. CTIconnect was selected for its operational excellence and customer-first sales and support model. Ketsen hardware users will benefit from stocked inventory, faster lead times, flexible credit terms, and a simplified, one-stop-shop purchasing experience. "This partnership allows us to stay focused on what we do best - engineering high-performance communications solutions - while CTIconnect delivers the distribution scale, speed, and service our customers want," said Dave Island, Vice President of Sales, North America, for Ketsen. "They're a trusted partner with a proven track record." As the exclusive distributor, CTIconnect will be the sole provider of Ketsen equipment in the region. The partnership follows a primarily single-step distribution model, with CTIconnect responsible for direct customer sales and fulfillment. To broaden market reach, Ketsen hardware will be available through CTIconnect's soon-to-launch Value-Added Reseller (VAR) program, bringing select partners into a managed two-step structure. "We're excited to partner with Ketsen and deliver even more value to the market," said John Laughlin, CEO of CTIconnect. "With product on the shelf and full-service support behind it, we're making it easier than ever for customers to access and deploy Ketsen's industry-leading technology." About Ketsen Ketsen delivers complete solutions for 60GHz mesh networks, giving ISPs, enterprises and smart cities the speed of fiber without the cost and complexity. Our integrated suite of software and hardware handles every aspect of network deployment creating multi-gigabit, redundant networks with unprecedented efficiency. Learn more at About CTIconnect CTIconnect is a trusted distributor of broadband, wireless, and connectivity solutions. With a customer-first approach, CTIconnect provides ISPs, WISPs, utilities, and integrators with the tools and support they need to design and deploy robust networks. Learn more at View source version on Contacts Media Contact:Helen MurphyKetsen@ 512-922-3756 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Ketsen Names CTIconnect as Master Distributor for U.S. and Canada
Ketsen Names CTIconnect as Master Distributor for U.S. and Canada

National Post

time02-07-2025

  • Business
  • National Post

Ketsen Names CTIconnect as Master Distributor for U.S. and Canada

Article content Partnership streamlines distribution and delivers faster, easier access to next-generation wireless communication hardware Article content LEHI, Utah — Ketsen, a leading innovator in complete network solutions for high-performance 60GHz mesh networks, has officially announced a strategic partnership with CTIconnect, naming the company its master distributor for the United States and Canada. The agreement will streamline distribution and improve product access and support for customers across the region. Article content Article content CTIconnect was selected for its operational excellence and customer-first sales and support model. Ketsen hardware users will benefit from stocked inventory, faster lead times, flexible credit terms, and a simplified, one-stop-shop purchasing experience. Article content 'This partnership allows us to stay focused on what we do best – engineering high-performance communications solutions – while CTIconnect delivers the distribution scale, speed, and service our customers want,' said Dave Island, Vice President of Sales, North America, for Ketsen. 'They're a trusted partner with a proven track record.' Article content As the exclusive distributor, CTIconnect will be the sole provider of Ketsen equipment in the region. The partnership follows a primarily single-step distribution model, with CTIconnect responsible for direct customer sales and fulfillment. To broaden market reach, Ketsen hardware will be available through CTIconnect's soon-to-launch Value-Added Reseller (VAR) program, bringing select partners into a managed two-step structure. Article content 'We're excited to partner with Ketsen and deliver even more value to the market,' said John Laughlin, CEO of CTIconnect. 'With product on the shelf and full-service support behind it, we're making it easier than ever for customers to access and deploy Ketsen's industry-leading technology.' Article content About Ketsen Article content Article content Article content Contacts Article content Helen Murphy Article content Article content Article content

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