Smartphone Demand Powers Qualcomm Results, Soitec Makes Case for Solar Project, West Wireless Recasts Its Mission, & More San Diego BizTech News

4/25/11Follow @bvbigelow

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a seat on the institute’s board of directors.

—In a presentation at Connect’s Third Annual La Jolla Research & Innovation Summit, the director of UC San Diego’s San Diego Computer Center said the amount of digital data generated by such instruments as DNA sequencers, cameras, telescopes, and MRIs is now doubling every 18 months. “Digital data is advancing at least as fast, and probably faster, than Moore’s Law,” said Michael Norman, who became the center’s new director in September.

Dow Jones VentureSource released its survey on venture capital activity during the first quarter, showing that VCs invested $6.4 billion into 661 startups nationwide. That’s a 35 percent increase in capital and a 5 percent rise in deals over the same period last year, and the biggest gain among three recent surveys of venture activity. In San Diego, Dow Jones VentureSource showed nearly $214 million was invested in 26 deals during the first three months of this year.

—Japan’s Kyocera International named Yasuhiro Oishi as president of San Diego-based Kyocera Communications, a subsidiary that provides the sales, marketing, customer engineering and service functions for Kyocera- and Sanyo-branded wireless devices in the Americas. Oishi replaces Eiichi Toriyama, who served as KCI’s president since 2008 and accepts a new role as KCI’s chairman.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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