Worldwide Semiconductor Sales Figures Show Growth Across All Regions
May 15 2012 - 8:20AM
Marketwired
Semiconductor stocks have performed admirably in 2012. Growing
demand for mobile devices such as tablets and smartphones have
provided a great boost for the industry. The Semiconductor Industry
Association (SIA) recently reported worldwide semiconductor sales
showed growth across all regions. The Paragon Report examines
investing opportunities in Semiconductor Industry and provides
equity research on Broadcom Corporation (NASDAQ: BRCM) and TriQuint
Semiconductor (NASDAQ: TQNT).
Access to the full company reports can be found at:
www.ParagonReport.com/BRCM
www.ParagonReport.com/TQNT
The SIA reported that for March worldwide sales of
semiconductors totaled $23.3 billion, a 1.5 percent increase over
the month prior. Sales in Europe and Japan grew 3.8 percent and 1.2
percent respectively. "We are encouraged to see that sequential
growth resumed across all regions, especially in Europe and Japan,
in March," said Brian Toohey, president, Semiconductor Industry
Association. "We look for seasonal moderate growth to continue in
the second quarter and build momentum as 2012 progresses. However,
while forecasts for global economic growth are improving,
macroeconomic and geopolitical uncertainties remain."
Paragon Report releases regular market updates on the
Semiconductor Industry so investors can stay ahead of the crowd and
make the best investment decisions to maximize their returns. Take
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Broadcom Corporation, a FORTUNE 500 company, is a global leader
and innovator in semiconductor solutions for wired and wireless
communications. Broadcom products seamlessly deliver voice, video,
data and multimedia connectivity in the home, office and mobile
environments. The company recently reported net revenue for the
first quarter of 2012 was $1.827 billion. This represents an
increase of 0.4% compared with the $1.820 billion reported for the
fourth quarter of 2011 and an increase of 0.6% compared with the
$1.816 billion reported for the first quarter of 2011.
TriQuint Semiconductor, a leading RF solutions supplier and
technology innovator, earlier this month announced that it has been
selected by the Defense Advanced Research Projects Agency (DARPA)
to lead a $12.3 million development program focused on ultra-fast
gallium nitride (GaN) switch technology for the Microscale Power
Conversion (MPC) program. TriQuint's revolutionary new GaN
modulator has the potential to enable highly-efficient RF
transmitters substantially smaller than current solutions.
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