Semiconductor Market Posts Strong Growth in 2014

El Segundo, Calif. — The worldwide semiconductor market grew by 9.2 percent in 2014, slightly below the growth projection of 9.4 percent, led by sales of memory devices, according to IHS Technology. The fourth quarter, alone, showed 9.7 percent year-over-year growth. This translated into global revenue of $354.5 billion in 2014, up from $324.7 billion in 2013. “The…

STMicroelectronics 1H Revenue Down 9%

STMicroelectronics Reports 2014 Second Quarter and First Half Financial Results Second quarter net revenues and gross margin improved sequentially to $1.86 billion and 34%, respectively Second quarter net result returned to profit Nano2017 R&D program approved by the European Union Capital structure strengthened with $1 billion senior unsecured convertible bond financing in July 2014 Geneva…

Benchmark Electronics Posts Strong Revenues

Angleton, Tex. — Benchmark Electronics, Inc. (NYSE: BHE), a leading integrated contract manufacturing provider, today announced financial results for the fourth quarter and year which ended December 31, 2013. “We completed 2014 with a robust fourth quarter and year-over-year growth. Revenue and earnings exceeded our fourth quarter expectations with growth driven organically by revenue from…

PMC-Sierra Sales Slip in 2013

Sunnyvale, Calif. — PMC-Sierra, Inc. (PMC) (Nasdaq:PMCS), the semiconductor and software solutions innovator transforming networks that connect, move and store big data, today reported results for the fourth quarter and full year ended December 28, 2013. Net revenues in the fourth quarter of 2013 totaled $126.1 million, a decrease of 2.2 percent compared to $128.9 million in the…