STMicro to Exit STB Market

STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the fourth quarter and full year ended December 31, 2015. Fourth quarter net revenues totaled $1.67 billion, gross margin was 33.5%, and net income was $2 million. For the full year 2015, net revenues totaled $6.90…

Sanmina Posts 6% Sales Increase in FYQ4

San Jose, Calif. — Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fourth quarter and fiscal year ended October 3, 2015. Fourth Quarter Fiscal 2015 Summary Revenue of $1.64 billion GAAP operating margin of 3.2 percent GAAP diluted earnings per share of $3.78(1) Non-GAAP(2) operating margin of 3.8…

Atmel Posts 6% Drop in Q3 Revenue

San Jose, Calif. — Atmel® Corporation (Nasdaq: ATML), a leader in microcontroller and touch solutions, today announced financial results for its third quarter ended September 30, 2015. Revenue for the third quarter of 2015 was $286.5 million, a 6% decrease compared to $306.4 million for the second quarter of 2015, and 23% lower compared to $374.5 million for the third quarter of 2014. GAAP…

Monolithic Power Systems Sales Up 16% in Q3

San Jose, Calif. — Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a leading company in high performance power solutions, today announced financial results for the quarter ended September 30, 2015. The results for the quarter ended September 30, 2015 are as follows: Net revenue was $91.2 million, a 12.0% increase from $81.4 million in the second quarter of 2015 and…

Broadcom Revenue Drops Slightly in Q3

Irvine, Calif. — Third Quarter 2015 Results GAAP Non-GAAP Net revenue $2.19 billion Net income per share $.69 $.77 (including $.03 of other charges) ($.03 better than First Call consensus) Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today reported unaudited financial results for its third quarter…

Synaptics Reports Record Sales in Q1 FY16

– Record September quarter non-GAAP EPS of $1.49; GAAP EPS of $0.62 – Approximately 1.7 million shares, or 5 percent of shares outstanding, repurchased during the quarter – Increases available stock repurchase authorization to $273 million – Increases revolving credit facility by $100 million San Jose, Calif. — Synaptics (NASDAQ: SYNA), a leading developer of human interface…

Altera Q3 Sales Falls 20%

San Jose, Calif. — Altera Corporation (NASDAQ: ALTR) today announced third quarter sales of $399.6 million, down 4 percent from the second quarter of 2015 and down 20 percent from the third quarter of 2014. Third quarter net income was $61.5 million, $0.20 per diluted share, compared with net income of $70.3 million, $0.23 per diluted share, in the second quarter of 2015 and $118.0…