Sunday, January 17, 2021

Market Watch

BE Semiconductor revenue up 20.7 percent year-over-year in Q3

BE Semiconductor Industries (Besi) recently revealed it increased its third-quarter revenue by 20.7 percent from 2019. The company, which manufactures component assembly equipment, greatly...

NXP Semiconductors predicts strong sales in Q4 thanks to rebounding end-markets

NXP Semiconductors offered guidance for the fourth-quarter that indicates it expects meaningful sequential and annual growth in the period. CEO Kurt Sievers said his...

LG Display surpasses analyst profit expectations in Q3

LG Display crushed market analysts projections for its third-quarter operating income thanks to robust sales of its core products. The South Korean firm, a...

STMicroelectronics Q3 revenue beats guidance by 9 percent

STMicroelectronics recently reported its third-quarter revenue, and its results topped the estimate it offered back in July by 9 percent. The chipmaker said its...

Intel Q3 earnings top Wall Street revenue predictions

Intel’s recently reported third-quarter earnings beat Wall Street’s expectations on revenue. But the chipmaker’s gross income slid by 4 percent year-over-year. The company’s weak...

Cree agrees to sell LED business to SMART Global Holdings for $300 million

Cree, Inc. announced it has agreed to sell its LED business (Cree LED) to SMART Global Holdings for $300 million. The Durham, North Carolina-based...

Xilinx FQ2 financial results beat analysts’ forecasts on revenue and profit

Xilinx surprised Wall Street by beating its fiscal second-quarter earnings predictions on revenue and profit. The chipmaker turned in forecast defying financial results thanks...

Texas Instruments beats analyst Q3 earnings expectations

Texas Instruments recently published its third-quarter financial results and revealed it beat Wall Street's profit and revenue expectations. The chipmaker said its stronger than...

Latest news

Vdoo raises $25M for AI-based IoT device security

Cybersecurity is (or should be) a major concern for everyone that owns an internet-connected device. Computers and smartphones have...

Blue Origin aces New Shepherd test mission, paving the way for human flights

The private spaceflight industry is getting crowded as numerous companies challenge Elon Musk's SpaceX. Amazon’s Jeff Bezos has a...

Qualcomm to buy Nuvia, a chipmaker founded by ex-Apple engineers, for $1.4 billion  

Qualcomm announced it would acquire Nuvia, a chip startup founded by three former ex-Apple engineers, for $1.4 billion. The corporation...

Must read

Report: TSMC and Japanese government to launch a new chip packaging facility

Taiwanese Semiconductor Manufacturing Company (TSMC) is reportedly planning to...

Enflame Technology, an AI chipmaker, secures $278.5 million from investors, including Tencent

Enflame Technology, a Shanghai-based artificial intelligence (AI) chipmaker, recently...
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