Friday, June 5, 2020

Market Watch

COVID-19 causes 16 percent drop in automotive power semiconductors revenue

Analyst firm Omdia recently published a report estimating the coronavirus pandemic will prompt a 16 percent year-over-year drop in automotive power component revenue. Semiconductor...

Broadcom FQ2 revenue increases by 4 percent from last year

Broadcom reported it increased its fiscal second-quarter revenue by 4 percent year-over-year on Thursday. However, the chipmaker recorded .47 and 1.34 percent declines in...

Global semiconductor revenue up by 6.1 percent annually in April

The Semiconductor Industry Association (SIA) recently noted worldwide component sales rose by 6.1 percent year-over-year in April. The trade organization also noted industry revenue...

SMIC to raise $2.8 billion with Chinese stock exchange listing

The Semiconductor Manufacturing International Corporation (SMIC) has filed for a ¥20 billion ($2.8 billion) listing on the Shanghai Stock Exchange. The chipmaker, which is...

Ambarella tops last year’s sales by 16 percent in FQ1

Ambarella, Inc. reported a 16 percent increase in year-over-year sales during the fiscal first quarter. The video processor manufacturer also beat Wall Street expectations...

BYD Semiconductor secures $265 million in outside investments

BYD Semiconductor, the microchip manufacturing division of battery-powered transport concern BYD, secured ¥1.9 billion ($265 million) in outside funding last week. Sequoia Capital China...

Marvell posts 4.7 percent annual growth in Q1

Marvell Technology revealed it grew its business by 4.7 percent during the first quarter, which exceeded Wall Street’s projections. The semiconductor company stated robust...

Alchip Technology reports record sales and income in Q1

Alchip Technology, Limited recently posted record revenue and income during the first quarter of 2020. The fabless semiconductor company enjoyed strong sales last period...

Latest news

COVID-19 causes 16 percent drop in automotive power semiconductors revenue

Analyst firm Omdia recently published a report estimating the coronavirus pandemic will prompt a 16 percent year-over-year drop in...
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IITStartups is incubating the next generation of innovative tech companies

In 2018, Indian Institutes of Technology (IIT) graduate Monishi Sanyal founded IITStartsups. Based in the San Francisco Bay Area,...

Broadcom FQ2 revenue increases by 4 percent from last year

Broadcom reported it increased its fiscal second-quarter revenue by 4 percent year-over-year on Thursday. However, the chipmaker recorded .47...

Must read

NXP CEO: Chinese automotive market returning to growth in Q2

During a recent appearance on CNBC’s “Squawk Box,” NXP...

SpaceX makes history with successful launch of NASA crew

A dream of nearly two decades has finally come...
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