Broadcom Sales Up Nearly 4%

Irvine, Calif. — Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today reported unaudited financial results for its fourth quarter and year ended December 31, 2013. The Company also announced a nine percent increase to its quarterly dividend. “In 2013 Broadcom delivered record revenue in all three…

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…

ST Delivers ‘Mixed’ Q3 Results

STMicroelectronics NV reported a smaller loss for the September quarter on a sharp reduction in impairment and restructuring charges but the chipmaker is still facing headwinds in several of its markets in addition to industrywide inventory correction and softer demand across the semiconductor market. In response, ST said it will continue to focus on growth…