Kevin Landis, Firsthand Technology Fund CIO, shares his top three tech trades, including a surprising play in the mobile and semiconductor space.» Read More
None of Austin, Texas- based Freescale's most senior executives were on board Boeing Co's 777-200 ER, which vanished from radar screens about an hour after it took off from Kuala Lumpur for Beijing. Twelve of the Freescale employees on the plane were from Malaysia and eight from China, the company said in a statement.
Feb 25- Chipmaker Avago Technologies Limited said it expects current-quarter sales to decline 3-6 percent from the first quarter as it lost revenue from a smartphone maker, which analysts said could be Apple Inc.
Feb 25- Chipmaker Avago Technologies Limited said it expects second-quarter sales to decline 3-6 percent from the first quarter as it lost revenue from a smartphone manufacturer. Avago's customers include Apple Inc, Samsung Electronics Co Ltd, LG Electronics Inc and Huawei Technologies Co Ltd..
*Offer of $9.73 per TriQuint share at 5.4 pct premium to Friday close. Feb 24- Chipmaker RF Micro Devices Inc will buy peer TriQuint Semiconductor Inc for about $1.6 billion to capture a larger share of the market for chips supplied to Apple Inc and Samsung Electronics Co Ltd..
Radio frequency chipmakers RF Micro Devices will buy peer TriQuint Semiconductor for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers.
Feb 24- Radio frequency chipmakers RF Micro Devices Inc will buy peer TriQuint Semiconductor Inc for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers. TriQuint's shares jumped 29 percent in premarket trading to $11.9, above the implied offer price of $9.73.
Feb 24- Radio frequency chipmakers RF Micro Devices Inc and TriQuint Semiconductor Inc said they would merge in an all-stock deal to create a new company with combined revenue of more than $2 billion. TriQuint shareholders will receive 1.675 shares of the combined company for every share held.
*Expects second-qtr adj EPS $0.25- $0.29/ shr vs est $0.27. Feb 12- Applied Materials Inc, the biggest maker of equipment used to make semiconductors, reported a 39 percent jump in first-quarter revenue as higher demand from manufacturers of flash memory chips helped to offset weak sales to makers of logic chips.
*Entegris offers $34 for each ATMI share. Feb 4- Entegris Inc said it would buy ATMI Inc for $1.15 billion, bringing together two key suppliers of high-purity materials and packaging systems used in the manufacture of semiconductors. Entegris's offer of $34 per share represents a premium of 26 percent to ATMI's closing price of $26.93 on the Nasdaq on Monday.
Jan 23- Programmable chip maker Altera Corp reported a 3 percent rise in quarterly revenue, helped by sales of its new products. Net income fell to $98.9 million, or 31 cents per share, in the fourth quarter ended Dec. 31, from $120.8 million, or 37 cents per share, a year earlier.
SAN FRANCISCO, Jan 22- SanDisk Corp posted higher fourth-quarter profits but gave a revenue outlook that fell short of some analysts' expectations and said memory chip prices would fall more this year than in 2013..
SAN FRANCISCO, Jan 22- Memory chipmaker SanDisk said on Wednesday its fourth-quarter profit and revenue exceeded expectations as the adoption of solid-state drives helped boost demand for its chips.
SAN FRANCISCO, Jan 22- Memory chipmaker SanDisk posted fourth-quarter revenue above expectations as the adoption of solid-state drives helped boost demand for its chips.
SAN FRANCISCO, Jan 22- Memory chipmaker SanDisk posted fourth-quarter revenue above expectations as the adoption of solid-state drives helped drive demand for its chips.
Jan 21- IQE Plc said its core earnings jumped about 49 percent in 2013, allaying concerns that slowing growth in the global smartphone market was hurting the British semiconductor materials maker.
TAIPEI, Jan 20- Taiwan's export orders rose much faster than expected in December, which authorities said stemmed from record demand for communications and electronics products.
*Expects 2nd- qtr adjusted profit/shr $0.59 vs est $0.57. *Expects 2nd- qtr revenue $470 mln vs est $460.5 mln. Jan 16- Chipmaker Skyworks Solutions Inc reported a 44 percent jump in quarterly profit, helped by increased demand for its analog chips used to connect machines and devices to the Internet, and forecast second-quarter profit above estimates.
Micron reported higher profit in the first quarter, helped by strong sales at its Elpida business and a recovery in chip prices.
Jan 7- Micron Technology reported a much higher-than-expected profit in the first quarter, helped by strong sales at its recently acquired Elpida Memory business and a recovery in memory chip prices. U.S. memory chip makers such as Micron and SanDisk Corp have been gaining since last year as prices of memory chip prices rebounded from lows hit in 2012..
*To invest in chip plants in Germany, Singapore. ABU DHABI, Jan 3- Abu Dhabi's Advanced Technology Investment Co plans to invest up to $10 billion over the next two years in GlobalFoundries' upstate New York semiconductor factory, its chief executive said on Friday.