LONDON – Freescale Semiconductor Inc. has lowered its financial guidance for the third quarter of 2011 ending Sept. 30.
Freescale (Austin, Texas) now sees a net sequential decline of between 6 and 8 percent for the third quarter. This compares to previous guidance of flat to 3 percent decline sequentially. Freescale had sales of $1.22 billion in the second quarter.
As the third quarter is normally the boom season in the semiconductor sector such a decline is unusual. Freescale attributed the sales decline to weakness in the company's industrial and networking businesses.
I think that's a simplified view for a company (Freescale) that has a low revenue reliance upon Motorola. In fact, in the related links below this article, there are at least 5 links for general market sales softening, including IDM, fabless, and foundry.
Freescale ... what can I say, sold out to investors, all execs took off with their cash, massive layoffs, outsource everything, and not a leading technology company including dated designs and look at me parts. For sure invest else where and close attention to due diligence in terms of who you are buying from when it comes to component selection and Freescale powerpoint promises.
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.