Qualcomm reported record quarterly revenues and raised its guidance for 2011 as global demand for smartphones and tablets grew. Supply-chain concerns stemming from the earthquake, tsunami and nuclear disaster in Japan had not affected Qualcomm's ability to make chips, and it had seen very little impact on demand for its products, the company said.

Operating profits for the first quarter of 2011 are estimated at KRW2.7-3.1 trillion (US$2.5-2.8 billion), compared to KRW3.01 trillion in the prior quarter and KRW4.41 trillion a year ago.

March quarter sales are expected to be flat to up 5% sequentially, consistent with the company's previous guidance. Xilinx said the guidance assumes that its shipments to customers in Japan are not affected by the recent events there.

The revenue shortfall is primarily attributable to order push-outs and cancellations from TV customers in the seasonally weak fourth quarter as well as slower than expected program ramp-up and a weaker retail segment for the company's set-top box products.

The decreased sales guidance is primarily related to weaker than anticipated sales to a few large communications customers, specifically in the wireless segment, according to the company.

Broadcom now expects fourth-quarter revenues to reach about US$1.9 billion, the top end of its previous forecast range. "Our increased revenue guidance reflects stronger-than-expected demand for products in our Mobile and Wireless markets versus our initial expectations entering the quarter," said company president and CEO Scott McGregor.

ASML now expects fourth-quarter bookings to be above two billion euro. "NAND flash memory investments for the high volume ramp of new technologies and foundry/logic commitments for new strategic fab projects are driving brisk lithography demand for 2011..."

Texas Instruments has narrowed its fourth-quarter financial forecasts that match analysts' projection, citing higher demand for communications equipment.

Verigy has reported a profit for the August-October period, as higher sales of semiconductor test systems helped it come back from a loss a year earlier. The company's guidance fell short of Wall Street's expectations, however.

For its fiscal third quarter, SMSC expects adjusted earnings of US$0.42-0.43 per share on revenues of US$104-107 million.

Infineon Technologies has announced that result and revenues for the quarter ending September 30, 2010 will be better than expected.

Altera has announced that its revenues for the third quarter are now expected to grow 10-14% on quarter. The company's prior guidance was for sequential growth of 4-8%.

ARM, the UK's largest technology company by market value, declined to raise its full-year 2010 outlook in spite of beating market expectations with its first-half results.

Texas Instruments has said weaker-than-expected orders from one mobile phone customer, identified as Nokia by some analysts, caused second-quarter revenues to miss Wall Street forecasts.

The company has estimated revenues grew 23-25% on quarter in the second quarter of 2010, a positive increase over the guidance previously provided that revenues would be up 10-20% sequentially.

Micron Technology's shares slumped more than 13% on concerns about the growth rates for DRAM chips. However, some of the analysts who follow Micron seemed unfazed by the potential negativity, saying that such comments may actually end up benefiting Micron.

Altera now expects second-quarter revenues to be at the high end of previous guidance, growing 10-12% sequentially.

TI now expects profits of US$0.60-0.64 per share in the current quarter. Revenue should be US$3.45-3.59 billion.

Semiconductor Manufacturing International Corp. (SMIC) has said it plans to book several charges to its 2009 results. It also raised its first-quarter revenue guidance, projecting a 4%-6% increase from fourth-quarter revenues of US$333.1 million.

German chipmaker Infineon expects to raise its outlook for the fiscal year to Sept. 30 due to better-than-expected second-quarter results.

Qualcomm has updated its financial guidance for the second fiscal quarter ending March 28, 2010. Revenues are estimated at US$2.55-2.65 billion compared to its prior guidance range of US$2.40-2.60 billion. Diluted EPS is now expected to be US$0.56-0.58 compared to its prior guidance range of US$0.49-0.53.

SanDisk now expects first-quarter revenues will reach between NT$925 million and NT$1 billion, compared to the originally estimated NT$875-925 million. (and vs. consensus estimates of $942.4 million).

Tessera Technologies, which licenses miniaturization technology for electronic devices, has said its fourth-quarter revenues were going to fall below its previous guidance due to lower royalties.

Infineon Technologies has said revenues will grow by a better-than-expected "high single digit" in the quarter ending December 31, 2009 on improved sales in the automotive and industrial units.

SST (Silicon Storage Technology) has revised its estimates to reflect an improvement in its expected results for the third quarter, ending Sept. 30, 2009.

Virtex-5 sales are expected to increase significantly in the September quarter, surpassing 20% of total sales, according to Xilinx. The company is scheduled to report its second quarter financial results on October 14, 2009.

Seagate Technology now expects revenues for the September quarter to be at or slightly above the high end of its original guidance.

Backend tool giant Kulicke & Soffa Industries has raised its revenue outlook for its fiscal fourth quarter ending October 3.

"Semiconductor shipments rose to meet current OEM demand, after an overcorrection earlier this year, driving an increase in our variable royalty payments and consequently higher expected revenue for the quarter," said Harold Hughes, president and chief executive officer at Rambus.

"Despite positive earnings pre-announcements, the overall tone from companies remains relatively muted and cautious," said Doug Freedman, an analyst for Broadpoint AmTech.

ASML has reported a business pick-up above previous guidance resulting mainly from the short- and mid-term needs in the DRAM memory and Logic segments.

For the current third quarter of the 2009 fiscal year Infineon now expects a Combined Segment Result approaching break-even with revenues increasing by a low-teens percentage sequentially.

Chartered CFO George Thomas said wafer shipments are expected to increase about 60% from the fiscal first quarter, and the loss is expected to be about US$10 million smaller than previously forecast. The chip foundry now expects a loss of 57-67 cents per American Depositary Share on revenues of US$338-348 million.