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Semiconductors and Semiconductor Equipment

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  • US STOCKS-Tech buoys Wall Street, but energy still weighs Wednesday, 26 Nov 2014 | 2:39 PM ET

    *U.S. markets closed Thursday for Thanksgiving holiday. NEW YORK, Nov 26- U.S. stocks edged up on Wednesday, boosted by tech shares, while the energy sector was once more the largest weight on the market as crude prices continued to flirt with multi-year lows. Hewlett-Packard, Apple and chipmakers were among the largest advancers, with the PHLX semiconductor index...

  • Nov 26- Hong Kong shares produced a solid rise on Wednesday following a rally in mainland markets. Among the most actively traded stocks on Hong Kong's main board were CCT Land, down 4.17 percent to HK $0.02; Semiconductor Manufacturing International, down 4.82 percent to HK $0.79 and Bank Of China, up 2.37 percent to HK $3.89. Chinese investment flowing from...

  • AMSTERDAM/ FRANKFURT, Nov 24 (Reuters)- ASML, the world's second largest maker of semiconductor production equipment, said on Monday it could nearly double annual sales to 10 billion euros ( $12 billion) by 2018-- or up to two years later if customers put off buying its latest machines. ASML is working to introduce a new generation of' extreme ultraviolet' (EUV) tools which...

  • AMSTERDAM, Nov 24- ASML, the world's largest maker of lithograpy machines for the semiconductor industry pushed back its sales growth goal on Monday in a belated recognition of the struggle it has been having in commercialising its next generation of products. "We believe the market was looking for ASML to reach the disclosed financial targets by 2018," ING...

  • WUZHEN, China Nov 20- Qualcomm Inc's opportunities in China will be far greater than its challenges, Premier Li Keqiang said Thursday as the U.S. mobile chipmaker prepares to face a possible record fine for antitrust violations in the country. Speaking at the World Internet Conference on Thursday with Qualcomm Executive Chairman Paul Jacobs, Li said he...

  • TAIPEI, Nov 17- Chips from Taiwan's MediaTek Inc were mostly passed over by the big phone brands a decade ago, with the likes of Nokia and Motorola commanding legions of in-house engineers who could advise on electronics and circuitry. Sparking the boom in budget smartphones is MediaTek, now a $23 billion go-to chip designer favoured by margin-conscious phone...

  • SAN FRANCISCO, Nov 5- Qualcomm Inc gave a disappointing forecast for 2015 revenue after quarterly earnings missed expectations, as the wireless chipmaker continues to struggle in China with royalty collection and an antitrust investigation. Wall Street is worried: Qualcomm could face a fine of more than $1 billion in China and could be forced to make...

  • Nov 3- Caught in a trade war between China and the United States, Taiwan's solar companies are scrambling to find new customers in a sharp reversal of fortunes for an industry flooded with orders just a year ago. Solar cell makers such as Neo Solar Power Corp, Motech Industries Inc and Gintech Energy Corp are chasing contracts in Japan, Europe and emerging solar...

  • Oct 29- Chipmaker Cirrus Logic Inc reported a 10.2 pct rise in quarterly revenue, helped by strong demand for Apple Inc's iPhone 6 and 6 Plus, which use Cirrus's audio chips. The company's revenue rose to $210.2 million in the second quarter ended Sept. 27, from $190.7 million a year earlier. Net income fell to $852,000, or 1 cent per share, from $33.4 million, or 50 cents...

  • Oct 29- Chipmaker Cirrus Logic Inc reported a 37.8 pct rise in quarterly revenue, helped by strong demand for Apple Inc's iPhone 6 and 6 Plus, which use Cirrus's audio chips. The company's revenue rose to $210.2 million in the second quarter ended Sept. 27, from $190.7 million a year earlier. Net income fell to $852,000, or 1 cent per share, from $33.4 million, or 50 cents...

  • Oct 23- Touchscreen chip maker Synaptics Inc reported lower-than-expected first-quarter revenue and profit, hurt by weak demand from smartphone makers, sending its shares down 13 percent in extended trading. "Given that certain Samsung designs that have come out recently are not using Synaptics touch IC products, we think that would probably be a real driver...

  • Oct 23- Touchscreen chip maker Synaptics Inc reported lower-than-expected first-quarter revenue and profit, hurt by weak demand from smartphone makers, sending its shares down 13 percent in extended trading. "Given that certain Samsung designs that have come out recently are not using Synaptics touch ID products, we think that would probably be a real driver...

  • SAN FRANCISCO, Oct 20- Texas Instruments Inc posted third-quarter results above expectations and its CFO said business was healthy, in contrast to recent concerns on Wall Street about a possible slowdown in chip demand. Texas Instruments' quarterly results on Monday came after Chandler, Arizona- based Microchip on Oct 9 warned of weak demand in China that would...

  • Oct 20- IBM Corp said it would hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc to focus on cloud computing and big data analytics. IBM will pay Globalfoundries $1.5 billion in cash over the next three years to take the chip operations off its hands, the companies said in a statement on Monday. IBM took a related pre-tax...

  • Oct 19- IBM Corp has agreed to hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc, the Wall Street Journal reported, citing people familiar with the matter. IBM will pay Globalfoundries $1.5 billion to take the chip operations off its hands, WSJ said. IBM issued an advisory on Sunday saying it would make a "major business...

  • SanDisk's shares fell 5 percent in extended trading, after the company also reported lower-than-expected revenue for the third quarter. SanDisk, a supplier of memory chips for Apple Inc's iPhones, in June bought Fusion-io Inc, a solid-state storage products maker. SanDisk forecast revenue of $1.80 billion- $1.85 billion for the fourth quarter ending...

  • SanDisk's shares fell 5 percent in extended trading, after the company also reported lower-than-expected revenue for the third quarter. SanDisk, a supplier of memory chips for Apple Inc's iPhones, bought Fusion-io to enter the high-margin solid-state drives business. SanDisk forecast revenue of $1.80 billion- $1.85 billion for the fourth quarter ending...

  • Oct 16- Xilinx Inc reported better-than-expected quarterly revenue and profit due to higher sales of programmable chips to industrial, aerospace and defense customers, sending the company's shares up 5 percent in extended trading. The segment accounted for 41 percent of Xilinx's total revenue in the quarter. Semiconductors made by Xilinx are sold off the...

  • Programmable chipmaker Xilinx's quarterly revenue rises Thursday, 16 Oct 2014 | 4:45 PM ET

    Oct 16- Programmable chipmaker Xilinx Inc reported a rise in quarterly revenue due to higher sales to industrial, aerospace and defense customers. The company's net income rose to $171.5 million, or 62 cents per share, in the second quarter ended Sept. 27 from $141.5 million, or 49 cents per share, a year earlier. Semiconductors made by Xilinx are sold off the shelf...

  • Oct 16- SanDisk Corp reported a better-than-expected adjusted quarterly profit, helped by higher sales of memory chips used in Apple Inc's iPhones and solid-state hard drives. However, SanDisk's net income fell to $262.7 million, or $1.09 per share, in the quarter ended Sept. 28 from $276.9 million, or $1.18 per share, a year earlier, due to higher expenses.