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SiRF Losses Deepen in First Quarter
SiRF Technology sunk deeper into red ink in the first quarter (Q1) of 2008, posting a net loss of $28.1 million, or 47 cents per diluted share. It is the second straight quarter of net loss for the GPS chip maker.
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Russia launches European navigation satellite
The European navigation satellite Galileo GIOVE-B launched by Russia will be the part of the projected navigation system to be operated by the European space agency.
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GPS Market Reaches Turning Point
Research firm Gartner said by 2010 there will be a roughly five times increase in the number of cell phones equipped with GPS features.
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