Finance

Hans Stork, chief technology officer at Texas Instruments, sat down with Electronic News to talk about the future of Moore’s Law, the digital consumer and new growth areas for TI. What follows are excerpts of that interview. Electronic News: Is Moore’s Law finished from a practical standpoint? Stork: If you look at whether we’re able to build transistors down to ...

Visibility has departed from the semiconductor recovery, with STMicroelectronics estimating third quarter growth to be anywhere in a wide range of between two and eight per cent. “It’s the most difficult forecast I’ve had to do in my life,” said ST’s chief economist Jean-Philippe Dauvin. With seven per cent sequential growth in Q2 over Q1, and a two per cent ...

LSI Logic added to the market’s overall jumpiness, saying that it has noticed overall business slowing late in Q2 and carrying over into Q3. The company made the observation in its Q2 earnings report but when on to add that it expects the second half to be stronger than the first. “Late in the second quarter we saw some slowing ...

A consortium led by Thales Defence has been awarded preferred bidder status for the Government’s £800m Watchkeeper programme developing unmanned aerial vehicles (UAVs). If the consortium can agree a contract with the MoD, a joint venture company will be formed in Leicester with the promise of new jobs. “It would be around about the 120 mark,” said a spokesman for ...

Business is getting better in the semiconductor industry, profits are improving, companies are awash with cash, but no one believes it is happening. This was the conclusion of the Future Horizons mid-term market forecast in London today. “We’re sticking to our forecast of 32 per cent growth this year and 28 per cent next year,” said Malcolm Penn, CEO of ...

Materials firm Cookson has seen its electronics division triple operating profit to £25.8m and its laminates business move into profit. The firm said its electronics division saw turnover up 21 per cent in the first half of the year. Cookson said market conditions were favourable for the sector and demand for PCB materials was strong in Asia-Pacific and North America, ...

Mentor’s Q2 solid on Japan market Thanks to the Japanese market, Mentor Graphics saw earnings and sales rise in its Q2. The EDA company announced pro forma earnings per share of 14 cents, up 17 per cent year on year and double the seven cents recorded in Q1, on revenue of nearly $170m, up from $164.4m recorded in Q1 and from ...

Transmeta revenues and loss grow Struggling processor maker Transmeta saw its revenues rise in Q2, but not enough to offset its net loss, which also grew during the quarter. Net revenue in Q2 reached $6m, up 15 per cent sequentially and 18 per cent year over year. That year over year percentage growth matched goliath rival Intel, which also posted ...

The 10 largest chipmakers in terms of revenue saw first-half sales grow 33 per cent, driven in large part by flash memory sales at Korean supplier Samsung, according to market research firm IC Insights. The market as a whole grew 35 per cent to $101.5bn this year, compared to $75bn in the first of 2003. Samsung’s first half semiconductor sales increased ...

Chip giant STMicroelectronics saw sharp growth in revenues and net income on broad-based strength across its four of its five market areas. The company reported Q2 revenues of $2.2bn, up seven per cent sequentially from the previous sequential quarter and up 27.6 per cent from the same period last year. Net income saw a sharp increase at the Geneva-based company ...