- 13 Sep 2010:Analog chip vendor Texas Instruments has lowered the upper end of its forecast range for third-quarter profit and sales, indicating that semiconductor demand may be slipping as economic growth slows.
- 23 Aug 2010:Marvell's net income for the second quarter ended July 30 nearly quadrupled to US$219.8 million, compared with US$58 million a year ago. The results gave it confidence to start buying back stock, according to the chipmaker.
- 20 Aug 2010:Verigy, which makes products that test flash memory, high-speed computer memory chips and SoC devices, previously posted seven straight quarters of red ink, though recent losses had narrowed.
- 17 Aug 2010:Wal-Mart, the world's largest retailer, saw its quarterly profits rise 3.6%, but sales in its home US market fell for the fifth quarter in a row.
- 2 Aug 2010:Net income for the second quarter of 2010 was US$37.3 million, compared to US$2.2 million a year ago. Revenues grew by 35.7% to US$435.3 million.
- 30 Jul 2010:Sharp said it made a group net profit of 10.69 billion yen (US$122.2 million) in the April-June quarter, reversing from a 25.2 billion yen net loss in the same period a year earlier.
- MEMC, which makes wafers for computer chips and silicon for solar cells, said it earned US$13.8 million, or 6 cents per share, up from US$1.4 million, or a penny per share, during the same period last year.
- Motorola reported a six-fold increase in second-quarter profit, largely driven by its lower-profile non-cellphone units, as the company took several key steps toward its planned split early next year.
- 29 Jul 2010:Toshiba has posted its second straight quarterly profit on rising chip demand, beating analyst estimates for a loss.
- SK Telecom posted a net profit of 364 billion won (US$306.5 million) in the three months ended June 30, largely thanks to increased sales of its wireless data services. Its net profit was 311.6 billion won in the same period a year earlier.
- 28 Jul 2010:In the three months ended June 30, Infineon swung to a net profit of 126 million euros (US$164 million) from a loss of 24 million euros in the same period a year ago. The firm has raised its full-year outlook, expecting revenues to grow at least 40% in fiscal 2010 compared to the previous year.
- LG Electronics, the world's third-biggest mobilephone maker, reported a 33% drop in second-quarter profit after it lagged behind Apple and Samsung Electronics in offering smartphones.
- Chip equipment maker Veeco Instruments has posted a second-quarter profit that surpassed Wall Street expectations, helped by strong LED and solar orders, and forecast a strong third quarter.
- 23 Jul 2010:Nokia's smartphones outsold the iPhone by 8.4 times. The Finnish company sold 14.5 million smartphones that quarter. And remember, that was only a fraction of their total mobile phone sales...
- Xilinx has announced first quarter fiscal 2011 sales of US$594.7 million, up 12% sequentially and 58% on year. Net profits for the quarter reached US$158.6 million, compared to profits of US$148.5 million in the prior quarter and US$38 million a year ago.
- 21 Jul 2010:
- Programmable logic vendor Altera set a new all-time high in quarterly sales in the second quarter of 2010. It also beat consensus analyst expectations for sales and net income during the quarter.
- Nokia, which is losing market share in high-end smartphones as it struggles to finish the flagship N8 device, has seen two-thirds of its market value wiped out since Apple's 2007 introduction of the iPhone. The company may name a new CEO to replace Olli-Pekka Kallasvuo as early as this month, the Wall Street Journal reported yesterday.
- 16 Jul 2010:Sony Ericsson posted its second consecutive quarterly profit Friday as strong sales of newly launched mobile phones in the second quarter helped reverse heavy year-earlier losses.
- 13 Jul 2010:Novellus Systems posted quarterly results above expectations, helped by a surge in bookings and shipments. The chip-gear maker has reported net profits of US$63.3 million for the second quarter compared with losses of US$50 million a year ago.
- 25 Jun 2010:BlackBerry maker Research In Motion on Thursday posted a 20% increase in first-quarter profit, but sales and handset shipments fell below Wall Street's forecast.
- 9 Jun 2010: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.
- 7 Jun 2010:The company will "definitely go into" China with a Taiwanese chipmaker by as early as 2012 and seek support from the China government, said Elpida's president Yukio Sakamoto in an interview. It is also accelerating plans to add a second manufacturing plant at Rexchip Electronics.
- 21 May 2010:
- 29 Apr 2010:Spansion has reported net profits of US$3.7 million for the first quarter, a return to profitability from net losses of US$512.6 million in the same quarter of 2009.
- 28 Apr 2010:Infineon Technologies has raised its 2010 outlook for a second time this year on higher demand from automotive and industrial customers for chip cards and security applications. The chipmaker's fiscal second-quarter net income was 79 million euros (US$104.2 million) compared with net lossES of 239 million euros a year earlier.
- Net income for the first quarter of 2010 was US$27.5 million, compared to net losses of US$51.1 million a year ago. "We were pleased with the successful ramp into high volume of new technologies such as embedded wafer-level ball-grid array (eWLB) and the continued growth of our business in advanced technologies such as hybrid flip-chip and wafer level packaging..."
- 23 Apr 2010:STMicroelectronics, Europe's largest semiconductor company, swung to profits of US$57 million in the first quarter of 2010 from losses of US$541 million a year ago. First-quarter revenues rose 40% to US$2.32 billion, led particularly by demand for chips used in cars and computers.
- Rambus has net profits of US$150.9 million for the first quarter, compared with losses of US$17.4 million in the same quarter last year. Revenues for the quarter soared 492% to US$161.9 million, thanks to a licensing agreement with Samsung.
- Hitachi Global Storage Technologies is poised to secure net profits for the fiscal year ended December 21, 2010, according to company president and CEO Steve Milligan. Brisk demand for PC hard drives and fixed-cost reductions will contribute to its profit outlook.
- 22 Apr 2010:Qualcomm has reported profits of US$774 million for the second quarter of its fiscal 2010, compared with losses of US$289 million a year ago. The company suggested it might fall short of Wall Street's expectations for the current quarter.
- 21 Apr 2010:Altera has reported net profits of US$153.2 million for the irst quarter, compared with profits of US$44.0 million a year earlier. "We are benefiting from growth in our 65nm and 40nm FPGAs as customer designs transition from prototyping into production," said company CEO John Daane.
- 20 Apr 2010:
- 16 Apr 2010:Chip equipment maker Novellus Systems now expects to earn US$0.43 per share, US$0.04 above the high end of the range it had forecast in March. The company is scheduled to report first-quarter earnings on April 21.
- 12 Apr 2010:Fujitsu has outsourced production to TSMC and shut three production lines last year to help save 80 billion yen in the two years to March 2011.
- 6 Apr 2010:Samsung Electronics has estimated first-quarter operating profits at 4.1-4.5 trillion won (US$4 billion), which might top its record of 4.2 trillion won for the third quarter of 2009. Samsung will explain the strong first quarter performance when it releases results at the end of this month.
- 1 Apr 2010:Research in Motion posted a fiscal fourth-quarter profit and revenue that missed Wall Street expectations, but the BlackBerry maker's forecast for the current quarter easily topped analysts' estimates.
- 27 Mar 2010:Smart Modular Technologies has reported a profit for the fiscal second quarter as improved customer demand and higher pricing lifted revenues by nearly half.
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