Technical Analysis on Spansion Inc. and MIPS Technologies Inc.
Technical Analysis on Spansion Inc. and MIPS Technologies Inc. -- Semiconductor Companies Battling Demand Issues
NEW YORK, NY -- (Marketwire) -- 11/02/12 -- The semiconductor industry, which features companies such as Spansion Inc. and MIPS Technologies Inc., has had a challenging time of late. According to the Semiconductor Industry Association, global sales of semiconductors contracted by over three percent in the month of August when compared to the same period last year, amid weak demand from a number of regions. Asia/Pacific and Japan recorded small declines, while Europe and the Americas were not as successful. StBulls.com has initiated technical analysis on Spansion Inc. (NYSE: CODE) and MIPS Technologies Inc. (NASDAQ: MIPS) which serves the Semiconductor- Memory Chips industry. These reports are free upon registration. Rest assured that there is no financial commitment to sign up on http://www.stbulls.com/
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Quarterly reports from a number of industry players have confirmed that the industry is facing headwinds. Sales have declined for many, and some have also reported quarterly net losses. Stiff competition has hampered margins in some cases, and declines in average selling prices are also a concern. Investors looking for technical analysis on MIPS Technologies Inc. are encouraged to use the link below
To counter the aforementioned headwinds, companies have been focusing on reducing costs and improving manufacturing efficiencies. Partnerships and patent licensing agreements have also been cropping up, as companies look for ways to improve their sales and geographical presence. Read our technical analysis on Spansion Inc. by clicking on http://www.stbulls.com/SpansionInc0211 2012.pdf
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