China: The Threat & the Opportunity

The argument about when or whether China will overtake the United States to become the world's biggest economy is moribund. China is already the most “central” trader in the global economy, and its ability to influence events in dozens of nations far exceeds that of any other country, according to the International Monetary Fund. This…

Details

Qualcomm Announces Q3

SAN DIEGO, Calif. — Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, today announced results for the third quarter of fiscal 2011 ended June 26, 2011. “Qualcomm delivered strong year-over-year results again this quarter as our business performed well across all key guidance metrics. In addition, we…

Details

Xilinx Reports Q1

SAN JOSE, Calif. — Xilinx, Inc. (Nasdaq: XLNX) today announced first quarter fiscal 2012 sales of $615.5 million, up 5% sequentially from the prior quarter and up 3% from the same quarter of the prior year. First quarter net income was $154.4 million, or $0.56 per diluted share. The Xilinx Board of Directors announced a…

Details

Freescale Semiconductor Announces Q2

AUSTIN, Texas — Freescale Semiconductor Holdings I, Ltd. (NYSE:FSL) today announced financial results for the second quarter ended July 1, 2011. Highlights include: GAAP Results Net sales of $1.22 billion Gross margin of 42.3% Operating earnings of $31 million Loss per share of $.79 Non-GAAP Results* Adjusted gross margin of 45.6% Adjusted operating earnings of…

Details

Intel Reports Record Revenue

SANTA CLARA, Calif. — Intel Corporation today reported its fifth consecutive quarter of record revenue, with double-digit revenue growth across all business segments. On a Non-GAAP basis, revenue was $13.1 billion, operating income was $4.2 billion, net income was $3.2 billion, and EPS was 59 cents. On a GAAP basis, the company reported second-quarter revenue…

Details

Microsemi to Acquire Zarlink Semiconductor

IRVINE, Calif. — Microsemi Corporation (Nasdaq:MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, announced today that it has made a proposal to the board of directors of Zarlink Semiconductor Inc. (“Zarlink” or “the Company”) (TSX:ZL) to acquire all of the outstanding shares of the Company for CAD $3.35 per…

Details

Diodes Breaks Ground for New Chengdu Facility

PLANO, Texas — Diodes Incorporated (Nasdaq: DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic and analog semiconductor markets, today announced that it hosted a ground breaking ceremony for Diodes Technology (Chengdu) Company Limited at the Company’s new production site at Chengdu Hi–Tech Industrial Development Zone…

Details

TE Connectivity Reports Q3

SCHAFFHAUSEN, Switzerland — TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal third quarter ended Jun. 24, 2011. The company reported a net sales increase of 21 percent year-over-year, and 7 percent sequentially, to $3.7 billion. Earnings Per Share from Continuing Operations (GAAP EPS) were $0.80 for the quarter, compared to $0.72 in…

Details

Apple Reports Q3

CUPERTINO, Calif. — Apple® today announced financial results for its fiscal 2011 third quarter ended June 25, 2011. The Company posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share. These results compare to revenue of $15.70 billion and net quarterly profit of $3.25 billion,…

Details