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Semiconductors

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  • *Cash-and-stock deal valued at $85 million. April 30- Audio-chip maker Audience Inc, which has struggled since losing Apple Inc as its No. 1 customer in 2012, agreed to a distress sale to hearing-aid component maker Knowles Corp in a cash-and-stock deal valued at $85 million. Knowles, which supplies microphones to Apple, will pay $2.50 in cash and $2.50 in stock for...

  • Cypress reports 1Q loss Thursday, 30 Apr 2015 | 10:12 AM ET

    SAN JOSE, Calif. _ Cypress Semiconductor Corp. on Thursday reported a loss of $229.8 million in its first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. Three analysts surveyed by Zacks expected $212.9 million.

  • April 30- Audio-chip maker Audience Inc, which has struggled since losing Apple Inc as its No. 1 customer in 2012, agreed to a distress sale to hearing-aid component maker Knowles Corp in a cash-and-stock deal valued at $85 million. Itasca, Illinois- based Knowles will pay $2.50 in cash and $2.50 in stock for each Audience share- a discount of 9 percent to Audience's...

  • Audio-chip maker Knowles to buy Audience for $85 mln Thursday, 30 Apr 2015 | 8:38 AM ET

    April 30- Audio-chip maker Knowles Corp said will buy peer Audience Inc in a cash and stock deal worth $85 million, excluding its $44 million cash balance. Knowles said it will pay $2.50 in cash and $2.50 in stock for each Audience share held. The deal is at a 9 percent discount to the stock's close on Wednesday on the Nasdaq.

  • FRANKFURT, April 30- Franco-Italian semiconductor maker STMicroelectronics posted slightly weaker than expected quarterly results on Thursday, blaming a sharp fall in demand for computer parts and warning it anticipated little pickup in the current quarter. Analysts, on average, had been looking for a profit of 1 cent per share, according to Thomson Reuters...

  • Taiwan's UMC to expand China customer base via JV factory Wednesday, 29 Apr 2015 | 6:44 AM ET

    TAIPEI, April 29- Taiwan's United Microelectronics Corp, the world's No.2 contract chip maker, intends to expand its customer base in China via its joint venture factory with the Fujian Province government, company executives said Wednesday. UMC broke ground on the factory last month in a joint ceremony with government officials and major client Qualcomm Inc,...

  • Samsung mobile turnaround is 'remarkable': Pro   Tuesday, 28 Apr 2015 | 8:33 PM ET
    Samsung mobile turnaround is 'remarkable': Pro

    Nam Hyung Kim, managing director of Arete Research Asia, says first-quarter earnings for Samsung's mobile division staged a turnaround before the launch of the Galaxy S6.

  • Pericom posts 3Q profit Tuesday, 28 Apr 2015 | 6:09 PM ET

    SAN JOSE, Calif. _ Pericom Semiconductor Corp. on Tuesday reported fiscal third-quarter earnings of $2.5 million. The San Jose, California- based company said it had profit of 11 cents per share. For the current quarter ending in June, Pericom said it expects revenue in the range of $31 million to $33 million.

  • *Applied Materials, Tokyo Electron announce buybacks. TOKYO, April 27- U.S. firm Applied Materials Inc on Monday scrapped its $10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd after the deal, a rare foreign bid for a Japanese firm, ran afoul of U.S. anti-trust regulators. Tokyo Electron said both companies gave up on the deal after more than...

  • SEOUL, April 23- Samsung Electronics Co Ltd is set to spend at least another 10 trillion won to boost capacity at a new South Korean chip plant, a 64 percent increase over announced investment plans, domestic online news service MoneyToday reported. The plans for the new plant, which will be located in Pyeongtaek south of Seoul, has led to some worries about the...

  • SEOUL, April 23- Samsung Electronics Co Ltd plans to invest at least another 10 trillion won to boost capacity at a new South Korean chip plant, news service MoneyToday reported on Thursday without citing sources. Samsung has already announced a 15.6 trillion won investment to build the plant in Pyeongtaek south of Seoul, its biggest commitment to a single...

  • April 22- Texas Instruments Inc forecast current-quarter revenue below analysts' expectations, citing weak demand for its chips from communication equipment and consumer electronics markets and a strong dollar. TI forecast a profit of 60- 70 cents per share and revenue of $3.12 billion- $3.38 billion for the second quarter. Net income attributable to TI rose...

  • US STOCKS-Futures fall with eyes on earnings, dollar Wednesday, 22 Apr 2015 | 7:43 AM ET

    *EMC Corp dropped 2.2 percent to $25.75 as the data storage equipment maker cut its full-year forecast, citing the strong dollar. *Yahoo shares were up 1.3 percent at $45.07 after the company said it had hired advisers to determine the "most promising opportunities" for its stake in Yahoo Japan. *Broadcom rose 6.4 percent to $46.80 after the wireless chip maker...

  • April 21- Wireless chip maker Broadcom Inc reported higher-than-expected quarterly revenue and profit, helped by strong sales of its WiFi and broadband chips to handset makers such as Apple Inc and Samsung Electronics Co Ltd.. Broadcom forecast revenue of $2.10 billion, plus or minus $75 million, for the second quarter ending June 30. Broadcom's net income...

  • Chipmaker Broadcom's quarterly revenue rises 4 pct Tuesday, 21 Apr 2015 | 4:12 PM ET

    April 21- Wireless chip maker Broadcom Inc reported a 4 percent rise in quarterly revenue, helped by strong sales of its Wifi and broadband chips to smartphone makers such as Apple Inc and Samsung Electronics Co Ltd. Broadcom's net income rose to $209 million, or 34 cents per share, in the first quarter ended March 31 from $165 million, or 28 cents per share, a year...

  • SEOUL, April 21- U.S. chip maker Qualcomm Inc plans to have its next-generation Snapdragon 820 mobile processors manufactured by Samsung Electronics Co Ltd, tech news website Re/code reported, citing unnamed sources. The report, dated April 20, did not say whether Qualcomm was looking at other manufacturers for the 820 processor besides Samsung.

  • *Forecast comes after client Qualcomm's chips dropped by Samsung. TAIPEI, April 16- Taiwan Semiconductor Manufacturing Co Ltd on Thursday said revenue is likely to fall in the second quarter from the first, due in part to the loss of business at one of its key customers. The forecast comes a week after rival Samsung Electronics Co Ltd said it used its own chips in its...

  • *Chips from client Qualcomm dropped by Samsung. TAIPEI, April 16- Taiwan Semiconductor Manufacturing Co Ltd reported a 65 percent rise in first-quarter net profit on Thursday, beating analyst estimates, boosted by strong sales of iPhones from main client Apple Inc.. Company-watchers are skittish about the firm's future as competition intensifies to produce...

  • April 15- Memory chipmaker SanDisk Corp reported a fall in quarterly revenue, its first in two years, hurt by lower pricing, lean inventory and weaker-than-expected sales of storage products used in data centers. SanDisk's adjusted profit also fell short of analysts' average estimate, sending the company's shares down about 1 percent in after market trading.

  • April 15- Memory chipmaker SanDisk Corp reported a fall in quarterly revenue, its first in two years, hurt by lower pricing, lean inventory and weaker-than-expected sales of storage products used in data centers. Sandisk's revenue fell nearly 12 percent in the first quarter ended March 29 to $1.33 billion, in line with the company's own recently lowered...