Maxim beats revenue target News & Analysis 4/30/2009 Post a comment Maxim Integrated Products posted net revenue of $339.7 million for its fiscal third quarter ended March 28, besting company guidance for the term.
IDT posts big loss; to sell network search assets News & Analysis 4/30/2009 Post a comment Hurt by a hefty write down, mixed-signal chip vendor Integrated Device Technology reported a GAAP net loss of $719.2 million on revenue of $107.4 million for the quarter ended March 29 and said it entered into a definitive agreement to sell assets of its network search engine products to NetLogic Microsystems for $90 million.
Netbook growth seen slowing when economy recovers News & Analysis 4/30/2009 1 comment Netbook shipments grew by more than 2,000 percent last year and are expected to grow another 68.5 percent in 2009, but this explosive growth is likely to slow as the economy rebounds beginning in 2010, an analyst said.
LSI reports $104 million loss as sales tumble News & Analysis 4/29/2009 Post a comment Abhi Talwalkar is not calling the bottom, but the chief executive of LSI Corp. is looking for glimmers of hope in his company's latest quarterly results in which it lost $104 million as sales tumbled 27 percent compared to the first three months of 2008.
UMC Q1 sales fall; sees profit in Q2 News & Analysis 4/29/2009 Post a comment Silicon foundry UMC reported that first quarter sales declined 41.5 percent sequentially as capacity utilization fell to 30 percent, but said recent orders point to strong second quarter demand.
Wi-Fi startup raises $18 million News & Analysis 4/29/2009 Post a comment Quantenna Communications, Inc., a startup focused on consumer Wi-Fi network chips for consumer video, has closed a $13.85 million Series C funding round led by new investor.
Sales, utlization rates tumble at NXP News & Analysis 4/29/2009 Post a comment NXP Semiconductors (Eindhoven, the Netherlands) is blaming the economic downturn and decreased utilization rates for losses of $673 million in the first quarter, nearly 50 percent less than in the corresponding quarter a year ago. Pre-tax loss came in at $71 million, compared with profits of $183 million in Q1 2008.
ARM sees Q1 sales, profits drop News & Analysis 4/29/2009 Post a comment ARM Holdings plc (Cambridge, England) posted a 10 percent fall in sales expressed in dollars for the first quarter of the year as it saw continuing decline in the semiconductor market.
Updated: Atmel lays off 293 workers News & Analysis 4/28/2009 Post a comment A spokesperson for Atmel confirmed that the company laid off 293 workers, including 266 at the company's fab in Colorado Springs, Colo., and 27 at the company's headquarters in San Jose, Calif.
QuickLogic sees sales fall News & Analysis 4/28/2009 Post a comment Programmable chip vendor QuickLogic had sales of $4.6 million in the first quarter, down 23 percent from the fourth quarter of 2008 and down 59 percent from the first quarter of 2008, the company reported.
Market watcher: GPU sales bounce back in Q109 News & Analysis 4/28/2009 Post a comment Graphics and multimedia chip market watcher Jon Peddie Research (Tiburon, Calif.) estimates shipments of graphics chips dropped to 74.9 million in the first quarter of the year, down 21.1 percent from the corresponding quarter of 2008.
Rambus: Ruling allows it to seek higher damages News & Analysis 4/28/2009 Post a comment A U.S. federal court ruled that the patent damages that memory technology licensor Rambus could seek from Samsung Electronics for alleged infringement after June 2005 were not capped by a March 2005 settlement between Rambus and Infineon Technologies, according to a statement issued by Rambus.
CoWare, Carbon team for ARM IP models News & Analysis 4/28/2009 Post a comment EDA group CoWare Inc. (San Jose, Calif.) and Carbon Design Systems are joining forces to develop implementation-accurate models of ARM IP targeted for CoWare's SystemC-based designs.
Trio plan chip packaging joint venture News & Analysis 4/28/2009 Post a comment The consolidation in the semiconductor market is set to continue as Toshiba Corp. plans to create a joint venture in Japan with two packaging groups, Amkor Technology and Nakaya Microdevices, in a bid to cut costs.
Apple hires AMD graphics CTO News & Analysis 4/27/2009 Post a comment Apple Inc. has confirmed the company hired Bob Drebin, a former chief technology officer of the graphics group at Advanced Micro Devices with deep roots in graphics chips for videogame consoles.
IDT trumps Gennum's bid for Tundra News & Analysis 4/27/2009 Post a comment Integrated Device Technology, Inc. has bid Cdn$ 6.25 per share to acquire the whole stock of communications chip specialist Tundra Semiconductor Corporation (Ottawa, Canada), trumping an offer from Gennum Corp. earlier this month.
Will KKR inject more funds into NXP? News & Analysis 4/24/2009 Post a comment Kohlberg Kravis Roberts & Co., the private equity group that led the leveraged buyout of NXP Semiconductor from Philips Electronics, is reportedly seeking almost $1 billion from investors in one of its European funds to recapitalize six of its investments, including NXP.
Freescale to shut French plant News & Analysis 4/24/2009 Post a comment Freescale Semiconductor is closing its six inch fab in Toulouse, France, as well as another similar size line at Sendai in Japan, as part of its ongoing restructuring plans.
FPGA startup crunch: Is Achronix flush enough? News & Analysis 4/23/2009 Post a comment Flush with cash after raising more than $86 million in venture capital over the past two years, products already shipping, revenue and dozens of design wins already under its belt, FPGA startup Achronix has the technology and financial stability to weather the current downturn, according to the company's founder.
Lattice posts loss; revenue hits target News & Analysis 4/23/2009 Post a comment Lattice Semiconductor's first quarter sales declined to $43.3 million, the company said, down 13 percent from the prior quarter and down 23 percent compared to the same period of 2008. Revenue was in line with revised guidance issued by the company in March.
Analysis: Can Freescale beat the odds? News & Analysis 4/23/2009 Post a comment Freescale Semiconductor Inc. is still in a fight for survival although chairman and CEO Rich Beyer now believes recent steps taken by the company to shore up its cash position, reduce debts and cut costs position the company for long-term success.
Nokia's NFC phone sends the right messages News & Analysis 4/23/2009 Post a comment Mobile phone maker Nokia claimed it has changed the prospects for Near Field Communications (NFC) in the mobile sector with the surprise announcement that it will start shipping in the third quarter, in selected markets, its first SIM-based handset – the 6216 Classic.
Partners port Android to MIPS chip News & Analysis 4/23/2009 1 comment Embedded Alley, a small open source developer, has struck a deal with RMI Corp. to port the Android operating system to RMI's MIPS-based Au1250 processor, hoping to ride a wave of interest in using Android systems beyond its target smart phone market.