FRANKFURT, Germany— German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California- based semiconductor firm International Rectifier, which produces power-management components used in everything from cars to satellites.» Read More
Sapphire glass and biotech companies are bringing out the bears ahead of this week's earnings.
*Expects Q3 revenue of $25 mln- $28 mln vs $41.3 mln. Expects adj loss $0.37- $0.43/ shr vs est loss of $0.05. July 31- Audio chip maker Audience Inc forecast current-quarter results largely below analysts' estimates after its biggest customer, Samsung Electronics Co Ltd, warned of increasing competition and weak earnings.
SAN FRANCISCO, July 24- Amazon.com Inc's new "Fire" smartphone contains chips from Qualcomm Inc, NXP Semiconductors NV, and Samsung Electronics Co Ltd, according to repair and teardown specialists iFixit, which pried one open on Thursday.
SAN FRANCISCO, July 24- Amazon.com Inc's new "Fire" smartphone, aimed at extending the online retailer's reach, includes chips from Qualcomm Inc, NXP Semiconductors NV and Samsung Electronics Co Ltd, according to repair firm iFixit, which pried one open on Thursday.
July 23- Chipmaker Cirrus Logic Inc reported a quarterly profit above analysts' estimates, helped by demand for its audio chips from iPhone and iPad maker Apple Inc. Net income fell to $10.2 million, or 16 cents per share, in the first quarter from $20.6 million, or 31 cents per share, a year earlier. Cirrus gets about three-quarters of its revenue from Apple.
PARIS, July 23- European chipmaker STMicroelectronics forecast revenue growth of about 3 percent in the third quarter, disappointing some analysts who expected a bigger lift from strong global demand for semiconductors. Global spending on semiconductors is expected to rise 6.7 percent this year to $336 billion, according to market researcher Gartner.
PARIS, July 23- STMicroelectronics posted second-quarter revenue and profit that met expectations, driven by sales of chips for cars and industrial products, as it surfed on strong demand that is lifting the entire semiconductor sector.
July 22- Chipmaker Xilinx Inc forecast disappointing revenue for the second quarter after reporting lower-than-anticipated first-quarter sales due to weak sales to telecom, aerospace and defense customers.
*Q2 pretax profit up 9 pct to 94.2 stg. LONDON, July 22- ARM Holdings posted a 9 percent rise in second-quarter profit as licensing of its processor technology compensated for a slowdown in high-end smartphone sales that decimated growth in royalties.
July 22 (Reuters)- British semiconductor materials maker IQE Plc said its revenue slid about 17 percent in the first-half of the year, hurt by destocking by customers due to softness in the handset market and a strong pound.
July 22- British semiconductor materials maker IQE Plc said its revenue slid about 17 percent in the first-half of the year, hurt by destocking by customers due to softness in the handset market and a strong pound.
*SK Hynix says received formal notice of Toshiba suit. SEOUL, July 21- South Korea's SK Hynix Inc on Monday said Japanese rival Toshiba Corp is seeking 109.15 billion yen in damages in a lawsuit filed over the suspected leak of NAND flash memory chip technology.
*Qualcomm has already placed orders with Samsung- newspapers. TAIPEI, July 17- Shares of Taiwan Semiconductor Manufacturing Co Ltd fell as much as 6 percent on Thursday after an analyst and Taiwanese media reported the likely loss of orders for next-generation chips from Apple Inc and Qualcomm Inc..
TAIPEI, July 17- Taiwan Semiconductor Manufacturing Co Ltd is likely to lose orders for its next-generation chips from Apple Inc and Qualcomm Inc to rival Samsung Electronics Co Ltd, according to an analyst and Taiwanese media.
July 16- SanDisk Corp gave a current-quarter revenue forecast that was below Wall Street's estimate, warning that it would be unable to the meet the booming demand for solid-state drives and memory chips, and its shares fell 9 percent in extended trading.
*Intel gains on earnings, outlook; semiconductors rally. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner Inc shares jumped 17.1 percent to $83.13 and ranked as the S&P 500' s best performer after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.
TAIPEI, July 16- Taiwan Semiconductor Manufacturing Co Ltd, the world's largest contract chip manufacturer, expects revenue to grow at least a record 20 percent this year thanks to increased demand from smartphone makers like Apple Inc..
Intel reported quarterly earnings and revenue that beat analysts' expectations on Tuesday, citing stronger-than-expected demand for corporate PCs.
July 7- Touchscreen chipmaker Atmel Corp said it would buy Newport Media, a maker of low-power Wi-Fi and bluetooth gear, for $140 million to gain ground in a technology that helps connect everything through the Internet. Atmel's shares were down 1 percent in early trading on Thursday.
SAN FRANCISCO, July 3- Qualcomm, which makes mobile chips, said on Thursday that Chinese contract manufacturer SMIC would produce its Snapdragon processors.