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Semiconductors and Semiconductor Equipment

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  • *Books record net profit, revenue in 2014 on Apple strength. TAIPEI, Jan 15- Apple Inc chip supplier TSMC reported record net profit on Thursday and said the proliferation of low-priced, chip-hungry smartphones in China could see the company expand production in the world's biggest handset market. Taiwan Semiconductor Manufacturing Co Ltd, whose chips company...

  • UPDATE 2-SanDisk's memory chip sales weak, shares fall Monday, 12 Jan 2015 | 11:38 AM ET

    Jan 12- SanDisk Corp said it expects fourth-quarter revenue to be lower than its forecast, citing weaker-than-expected sales of retail products and flash memory storage chips. SanDisk's warning also spooked investors in rival Micron Technology, whose stock was down 5 percent. Analysts said SanDisk's weak revenue forecast was partly due to a glut in the...

  • SanDisk cuts revenue forecast, shares fall Monday, 12 Jan 2015 | 11:01 AM ET

    SanDisk said it expects revenue to be lower than it had forecast, citing weaker-than-expected sales of retail products and NAND storage chips.

  • UPDATE 1-SanDisk cuts revenue forecast, shares fall Monday, 12 Jan 2015 | 10:09 AM ET

    Jan 12- SanDisk Corp said it expects fourth-quarter revenue to be lower than it had forecast, citing weaker-than-expected sales of retail products and NAND storage chips. SanDisk, which is increasingly using its chips to build and sell solid-state drives directly to companies and consumers, had already warned of supply constraints for the quarter.

  • LONDON, Dec 3- Strong demand for smartphones and automotive electronics has boosted growth for the semiconductor industry this year, as a global industry association said results for 2014 were set to have beaten forecasts with further modest growth expected. Even Microchip Technology, which sent shudders through global markets in October by warning of a...

  • Dec 1- Cypress Semiconductor Corp will buy peer Spansion Inc for $1.59 billion in stock to create a flash-memory chipmaker with more than $2 billion in annual revenue. Spansion's stock was trading at $25.20 after the bell, lower than Cypress's offer of $25.63, based on Monday's close. Spansion shareholders will receive 2.457 Cypress shares for each Spansion...

  • Dec 1- U.S. chipmaker Cypress Semiconductor Corp said it would buy peer Spansion Inc in an all-stock deal valued at about $4 billion. Spansion shareholders will receive 2.457 Cypress shares for each Spansion share they own, the companies said on Monday. Shareholders of each company will own about 50 percent of the combined entity.

  • *HP, Analog Devices rally after results. Hewlett-Packard, Apple and chipmakers were among the largest advancers, with the PHLX semiconductor index closing up 2.1 percent to its highest since June 2001. Analog Devices jumped 5.5 percent to $54.56, leading the sector a day after posting results.

  • 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...