Overseas
Business
Vishay announced its results for the year ended 31 December 2012. Revenues for the year were $2,23 billion, compared to $2,59 billion for the previous year. Net earnings were $122,7 million, or $0,79 per diluted share, compared to $238,8 million, or $1,42 per diluted share for the prior year.
Revenue from continuing operations in Sierra Wireless’ fourth quarter of 2012 was $109,4 million, compared to $82,4 million in the fourth quarter of 2011. Net earnings were $15,5 million, or $0,50 per diluted share, in the fourth quarter of 2012, compared to net loss of $20,4 million, or $0,65 per diluted share, in the fourth quarter of 2011. Revenue from continuing operations for the full year was $397,3 million, compared to $333,2 million for the prior year. Net loss was $4,2 million, or $0,14 per diluted share, in 2012, compared to $50,7 million, or $1,62 per diluted share, in 2011.
For its first quarter of fiscal 2013, TE Connectivity reported net sales of $3,13 billion, compared to $3,17 billion in the same quarter the previous year. GAAP earnings per share (EPS) were $0,65 based on net income of $277 million, compared to EPS of $0,61 and net income of $260 million in the prior year’s first quarter.
Lattice Semiconductor announced financial results for its fiscal fourth quarter ended 29 December 2012. Revenue was $65,9 million, a decrease of 7,1% from $70,9 million reported in the prior quarter, and a decrease of 6,1% from the $70,2 million reported in the same quarter a year ago. Net loss for the fourth quarter was $7,2 million ($0,06 per basic and diluted share), compared to prior quarter net loss of $2,2 million ($0,02 per basic and diluted share) and net income of $40,9 million ($0,34 per diluted share) reported in the same quarter a year ago.
STMicroelectronics reported financial results for the fourth quarter and full year ended 31 December 2012. Fourth quarter net revenues totalled $2,16 billion, with a net loss of $428 million. For the full year, net revenues decreased 12,8% to $8,49 billion and net loss was $1,16 billion or $1,31 per share.
ON Semiconductor announced that total revenues in the fourth quarter of 2012 were $680,2 million, down approximately 6% compared to the third quarter of 2012. During the fourth quarter of 2012, the company reported a GAAP net loss of $138,2 million, or $0,31 per share. Total revenues for 2012 were $2,89 billion, a decrease of approximately 16% from $3,4 billion in 2011. During 2012, the company reported a GAAP net loss of $90,6 million, or $0,20 per share, compared to 2011 net income of $11,6 million, or $0,03 per diluted share.
Skyworks Solutions reported first fiscal quarter 2013 revenue of $453,7 million, up 15% over the first fiscal quarter of 2012. On a GAAP basis, operating income for the first fiscal quarter of 2013 was $86,6 million and diluted EPS was $0,34.
Microchip announced record net sales of $416 million for the third quarter of its fiscal 2013, up 8,5% sequentially from net sales of $383,3 and up 26,4% from net sales of $329,2 million in the prior year’s third fiscal quarter. Consolidated GAAP net income for the third quarter of fiscal 2013 was $10,2 million, or five cents per diluted share, up from a GAAP net loss of $21,2 million, or 11 cents per diluted share, in the immediately preceding quarter, and down from GAAP net income of $77,5 million, or 38 cents per diluted share, in the prior year’s third fiscal quarter.
Silicon Labs reported record revenue for the fourth quarter and the full year 2012. Fourth quarter revenue of $152,5 million was up 20% compared to the same period the previous year, resulting in diluted EPS of $0,44. For the full year, revenue increased 15% to $563,3 million, with an 86% increase in EPS to $1,47.
Intersil’s revenue for its fourth quarter of 2012 was $137,5 million, down compared to the $151,4 million of the preceding quarter and from the $165,8 million in the fourth quarter of 2011. For the fiscal year, revenue was $607,9 million and net loss was $37,6 million ($0,30 per diluted share), compared to revenue of $760,5 million and net income of $67,2 million ($0,53 per diluted share) in 2011.
Companies
RS Components (RS) has signed an EMEA and APAC-wide distribution agreement with Samtec, allowing RS to resell Samtec’s broad line of interconnect products, which comprises three main categories covering signal integrity (high speed), micro pitch and rugged/power, designed for use in a wide range of board-to-board, cable-to-board, panel and I/O applications.
Fuji Machine Manufacturing announced that it has shipped the 40 000th module in its NXT range of SMT component mounters. This goal was reached just two years after the 30 000 milestone.
Industry
The three-month average for worldwide semiconductor sales was $24,7 billion in December, a decline of 3% from the previous month, said the Semiconductor Industry Association (SIA). For the full year 2012, the chip industry recorded sales of $291,6 billion, the industry’s third-highest yearly total ever but a decrease of 2,7% from the record total of $299,5 billion set in 2011.
Despite lingering weakness in the global economy and continuing uncertainty in technology markets, the outsourced manufacturing industry is expected to post moderate revenue growth this year as OEMs increase their outsourcing activities to capitalise on opportunities for expansion across multiple industries including consumer electronics, industrial electronics and automotive electronics. IHS forecasts that revenue in 2013 for the worldwide outsourced manufacturing industry is forecast to reach $404,5 billion, up 4,5% from $387,0 billion last year.
ABI Research forecasts 8,6 billion smartcards will ship in 2013; a combined number spanning all smartcard markets. Of total shipments, 16% are forecasted to use a contactless interface, rising to 30% in 2018. Government ID, transportation and ticketing, and payment cards continue strong double-digit growth in contactless adoption. SWP SIM card volumes continue to strengthen, and are expected to breech the 500 million mark in 2018.
Global photovoltaic (PV) installations will rise this year in a continuing pattern of solid growth, but the industry will nonetheless suffer a decline in overall revenue due to lower volume growth and decreasing system prices, according to IHS. PV installations are projected to reach 35 GW this year, up from 32 GW in 2012. In comparison, industry revenue, measured as the system price multiplied by total gigawatts installed, will retreat to an estimated $75 billion, down from $77 billion last year, and exhibiting an even steeper fall from the market’s peak revenue of $94 billion in 2011.
© Technews Publishing (Pty) Ltd | All Rights Reserved
printer friendly version