Vishay Reports Results for Q2

MALVERN, Pa.– Vishay Intertechnology, Inc. (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter and six fiscal months ended June 30, 2012. Revenues for the fiscal quarter ended June 30, 2012 were $588.2 million, compared to $709.8 million for the fiscal quarter…

IDT Reports Q1 FY 2013

SAN JOSE, Calif. — Integrated Device Technology, Inc., the Analog and Digital Company delivering essential mixed-signal semiconductor solutions, today announced results for the fiscal first quarter ended July 1, 2012. “Strong sequential revenue growth, combined with better than expected gross margins, drove improved top and bottom line results for the fiscal first quarter,” said Dr.…

Q2 Results Released for PMC

SUNNYVALE, Calif.– PMC, the semiconductor innovator transforming networks that connect, move and store big data, today reported results for the second quarter ended July 1, 2012. Net revenues in the second quarter of 2012 were $137.8 million, an increase of 4% as compared to net revenues of $132.1 million in the first quarter of 2012…

TI to Beef Up Cash With $1B Offering

{complink 5703|Texas Instruments Inc.} wants to add $1 billion to its war chest via a debt offering, and it may use some of the funds to strengthen itself for future acquisitions. The company said in a press release that it wants to use the net proceeds “for general corporate purposes which, among other things, could…

Earnings: Dark Clouds Hang Over Europe’s Bellwethers

There are a few resounding themes coming out of Europe's high-tech bellwethers this week: Tough economic conditions prevail around the eurozone, and the picture for the rest of the year looks fuzzy. Three of the region's biggest companies — Royal Philips Electronics, Siemens, and STMicroelectronics — reported mixed sales and earnings results and provided cautious…

Mixed Results at Xilinx

SAN JOSE, Calif. — Xilinx, Inc. (Nasdaq: XLNX) today announced first quarter fiscal 2013 sales of $582.8 million, up 4% sequentially and down 5% from the first quarter of the prior fiscal year. First quarter fiscal 2013 net income was $129.8 million, or $0.47 per diluted share. The full release can be viewed at Xilinx

RIM’s Loss Widens; BlackBerry 10 Delayed

It was no surprise that {complink 4644|Research In Motion Ltd. (RIM)} reported a loss for its first fiscal quarter of 2013. What did surprise analysts was RIM's announcement that its next product, the BlackBerry 10, will be delayed until next year. RIM announced on Thursday revenue of $2.8 billion for the quarter, down from $4.2…

Tech IPO Market Cools Down

Facebook's initial public offering was not the only one that took place in the first half of the year, though no one could blame investors for thinking otherwise. So far this year, 71 US companies have completed IPOs and raised $26.9 billion of total proceeds, according to the PwC US IPO Watch. However, IPOs dropped…

Another Blow to Nokia

{complink 3847|Nokia Corp.} is facing yet another hurdle in its efforts to regain its mojo in the mobile communications market. The Finnish handset maker aligned itself late last year with {complink 3426|Microsoft Corp.} by adopting Microsoft's Windows operating system for its smartphones. When Microsoft launches its latest version, Windows Phone 8, in the fall, the…

Completing the Circle: Hardware/Software Deals

I wrote recently about how buying software companies is a common strategy for semiconductor firms to expand quickly into new markets and technologies. It is equally interesting to look at OEM hardware companies buying software companies. That trend has accelerated with the success of {complink 379|Apple Inc.} as it tightly couples hardware and software business…