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.» Read More
Oct 21- Power-management chipmaker Microsemi Corp said it would buy atomic clock equipment maker Symmetricom Inc for about $230 million. Microsemi's offer of $7.18 per share is a premium of 50 percent to Symmetricom's closing price on Monday.
Texas Instruments delivered quarterly earnings and revenue that beat analysts' expectations but its outlook fell short. Shares fell after-hours.
TAIPEI, Oct 17- Taiwan Semiconductor Manufacturing Co Ltd said it expects fourth-quarter revenue to fall as much as 11 percent from the previous quarter as demand for some high-end smartphones softens and device makers use up stocks of chips.
TAIPEI, Oct 17- Taiwan Semiconductor Manufacturing Co Ltd said its third-quarter net profit rose more than 5 percent from a year earlier, beating forecasts, as smartphone makers stocked up on chips for new devices launched during the period. TSMC will stage an investor conference at 0600 GMT on Thursday to give its outlook for the fourth quarter.
Oct 16- Chipmaker Xilinx Inc forecast current-quarter revenue largely below Wall Street's estimates as it expects lower revenue at its industrial and aerospace businesses. Xilinx shares fell 4.5 percent after the company said it expects current-quarter revenue to be up or down 2 percent sequentially.
Oct 16- SanDisk Corp more than tripled its quarterly profit, beating analysts' estimates, after a fire at a rival chip maker increased prices at a time when Apple Inc and other users of its flash memory chips were launching new products. U.S. memory chip makers SanDisk and Micron Inc have been gaining as prices rebound from last year's lows.
Oct 16- SanDisk Corp reported a 28 percent rise in quarterly revenue, underscoring a strong recovery in flash memory chip prices from last year's lows. The company's net income rose to $277 million, or $1.18 per share, from $77 million, or 31 cents per share, a year earlier.
Oct 16- Chipmaker Xilinx Inc reported a 15 percent jump in quarterly profit as sales rose in its wired communications, aerospace and defense businesses. The company's net income rose to $141.5 million, or 49 cents per share in the second quarter, from $123.4 million, or 46 cents per share, a year earlier.
Intel beat on earnings but its current-quarter revenue outlook was light as the PC market continues to struggle.
SAN FRANCISCO, Oct 10- Micron Technology posted a smaller-than-expected fiscal fourth-quarter net profit on Thursday but the chipmaker's shares held steady on expectations memory chip supplies will be constrained following a recent fire at a competitor's factory.
SAN FRANCISCO, Oct 10- Micron Technology posted a fiscal fourth-quarter net profit on Thursday, helped by a strong recovery in memory chip prices, but it was shy of Wall Street's expectations. The company reported a net profit of $1.71 billion, or $1.51 a share, compared to a net loss of $243 million, or 24 cents, in the year-ago quarter.
Oct 8- On Semiconductor Corp, a maker of power-management chips, said it would cut up to 870 jobs at its Sanyo Semiconductor unit as it looks to reduce costs. The company said it would cut 600-700 jobs through a voluntary retirement program and take a related charge of about $40 million to $48 million, mostly in the fourth quarter.
TAINAN, Taiwan, Oct 9- Top contract chip maker TSMC may have outsmarted rivals Samsung Electronics Co and Intel Corp in the race to build the tiniest and most powerful chips for smartphones and tablets by building big.
SEOUL, Oct 4- Samsung Electronics Co Ltd is on track to post its second consecutive year of record earnings as a rebound in its semiconductor business shields the South Korean tech giant from a slower smartphone market. The market further tightened following a fire in early September at a China plant owned by SK Hynix, the world's No.2 chipmaker.
SEOUL, Oct 4- Samsung Electronics Co Ltd estimated its July-September earnings rose 25 percent to a record $9.4 billion as a strong recovery in memory chip prices helped counter a slowdown in the South Korean company's smartphone business.
SEOUL, Oct 4- Samsung Electronics Co Ltd estimated its July-September operating profit rose 25 percent to a record 10.1 trillion won as a strong recovery in memory chip sales countered weakening earnings growth at its mobile devices business.
*Q3 operating profit seen up 24 pct to $9.3 bln. SEOUL, Oct 4- Samsung Electronics Co Ltd is on track to post a record $9.3 billion quarterly profit as a rebound in its semiconductor business shields the South Korean tech giant from a slower smartphone market.
The United States backed the semiconductor technology of failed solar photovoltaic company Solyndra with $528 million in federal loans.
*Applied shares rise 9 pct, Tokyo Electron jumps 13 pct. Sept 25- Applied Materials Inc agreed to buy rival Tokyo Electron Ltd in an all-stock deal worth more than $10 billion, combining the No.1 and No.3 makers of chip-making gear as demand for their products slows and it gets tougher to turn a profit.
*Applied Materials shareholders to hold 68 pct of company. Sept 24- Applied Materials Inc will buy rival Tokyo Electron Ltd in an all-stock deal valued at more than $7 billion, combining the No.1 and No.3 makers of chip-making gear as demand for their products slows and it gets tougher to turn a profit.