Hardware Semiconductors and Semiconductor Equipment

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  • April 28- Chipmaker Cypress Semiconductor Corp said it agreed to buy Broadcom Ltd's Internet of Things business and related assets for $550 million in cash. The deal is expected to close in the third calendar quarter and will help Cypress gain share in consumer IoT market, which includes wearable electronics and home automation. Separately, Cypress said Chief...

  • TAIPEI, April 28- Taiwan stocks fell on Thursday as Apple Inc's suppliers mostly fell for the second day after the iPhone maker's first-ever fall in smartphone sales wiped off about $36 billion in market value, evoking talk of "peak iPhone." As of 0423 GMT, the main TAIEX index fell 1.1 percent, to 8,473.49, after closing at 8,563.05 in the previous session.

  • April 27- Data storage products maker SanDisk Corp's quarterly revenue rose 2.5 percent, reversing a decline of four quarters, helped by strong sales of chips used in solid state drives and USB flash drives. The company's net income rose to $78.4 million, or 37 cents per share, in the first quarter ended April 3 from $39 million, or 17 cents per share, a year earlier.

  • April 27- Marvell Technology Group reached an agreement with Starboard Value LP on Wednesday, saying it will add three new directors nominated by the activist hedge fund, which has agitated for changes at the company since early this year. Starboard announced its stake in February, saying then it had retained semiconductor veterans Rick Hill, Oleg Khaykin and...

  • TAIPEI, April 27- Taiwan stocks fell on Wednesday tracking other regional bourses lower, pressured by major suppliers of Apple Inc after the iPhone maker reported its first-ever decline in iPhone sales and first revenue drop in over a decade. As of 0123 GMT, the main TAIEX index fell 0.2 percent, to 8,561.01, after closing at 8,581.57 in the previous session.

  • *Chip profits to fall, but firm better off than rivals- analysts. SEOUL, April 27- Gloom may be settling over much of the world's semiconductor industry but Samsung Electronics Co Ltd is expected to cope better than most due to its strong technological edge, enabling it to boost market share for some key products and possibly even lift revenue.

  • *Q1 operating profit $489 million, lowest since Q1 2013. SEOUL, April 26- South Korean memory chip maker SK Hynix Inc on Tuesday said its first-quarter operating profit fell 65 percent from a year earlier to its lowest in 3 years, hit by faltering demand for consumer electronics such as smartphones. SK Hynix said in a regulatory filing its January-March operating...

  • SEOUL, April 26- South Korean memory chip maker SK Hynix Inc on Tuesday said its first-quarter operating profit fell 65 percent from a year earlier to its lowest in 3 years, hit by faltering demand for consumer electronics. SK Hynix, in a regulatory filing, said January-March operating profit was 562 billion won, compared with a 559 billion won profit tipped by a...

  • MILAN/ LONDON, April 20- European shares retreated from three-month highs on Wednesday as oil prices fell, but the losses were limited by some solid earning updates, including those of UK chip maker ARM. The pan-European FTSEurofirst 300 index was down 0.3 percent by 0952 GMT after rising 1.5 percent the day before, when it reached its highest since early January.

  • April 19- Intel Corp said on Tuesday it would cut 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business towards making microchips that power data centers and Internet connected devices and away from the declining personal computer industry it helped found. Intel's shares were down 2.6 percent at $30.78 in extended trading.

  • TAIPEI, April 19- Taiwan stocks rose on Tuesday, tracking gains in overseas markets, but bargain-hunting investors may turn cautious ahead of March export orders data scheduled to be released on Wednesday. Orders for Taiwan's exports are forecast to have slumped for the 12th month in a row in March, reinforcing a gloomy outlook for the island's economy and...

  • TOKYO, April 18- Japanese automotive chipmaker Renesas Electronics said on Monday aftershocks were keeping it from installing replacement equipment at a quake-hit plant, raising the prospect of delays for the global supply chain for automakers. Renesas holds 10.5 percent of a $30 billion market for chips that are used throughout vehicles, in critical areas...

  • *Toyota, Sony keep plant operations suspended after Japan quake. TOKYO, April 17- Toyota Motor Corp said on Sunday it would suspend production at plants across Japan after earthquakes in the country's south disrupted the automaker's supply chain, while other manufacturers extended stoppages due to damaged factories. Toyota said it would suspend operations...

  • *Sony Corp halted production of image sensors at its plant in Kumamoto. *Honda Motor Co Ltd halted production at its motorcycle plant in Kumamoto with an annual production capacity of 250,000. It will keep production on hold through Monday. *Renesas Electronics Corp closed its plant in Kumamoto, which produces microcontroller chips for automobiles.

  • Self-driving tech to spur on semiconductors?

    Discussing the innovations in the self-driving car and autonomous vehicle technology space with Vijay Rakash of Mizuho Securities, and CNBC's Phil LeBeau.

  • TAIPEI, April 14- Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker, trimmed its outlook for the global smartphone market as consumers increasingly demand lower-priced handsets that still boast advanced technology. Taipei- based TSMC, which gets more than 60 percent of its revenue from selling chips used in communication...

  • BRIEF-TSMC GUIDES HIGHER REVENUE, MARGINS IN Q2 VS Q1@. April 14- Taiwan Semiconductor Manufacturing Co Ltd. *Guides Q2 revenue T $215 billion- T $218 billion.

  • TAIPEI, April 14- Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker, on Thursday posted an 18 percent fall in first-quarter net profit, missing expectations due to lower revenue and an earthquake which hurt margins. TSMC had cut its guidance for margins following a Feb. 6 earthquake that hit the southern Taiwanese city of Tainan,...

  • BRIEF-TSMC SAYS Q1 NET PROFIT T $64.78 BLN@. April 14- Taiwan Semiconductor Manufacturing Co Ltd. *Says Q1 net profit T $64.78 billion.

  • TAIPEI, April 14- Taiwan stocks rose 0.66 percent on Thursday, in line with other regional bourses, with Taiwan Semiconductor Manufacturing Co in focus ahead of its quarterly results. As of 0121 GMT, the main TAIEX index stood at 8,709.27. The Taiwan dollar softened T $0.052 to T $32.402 per U.S. dollar.