Strong Sales, Acquisitions, and Outstanding Suppliers to Boost Topline Growth - Research Report on Micron, Xilinx, Applied

Strong Sales, Acquisitions, and Outstanding Suppliers to Boost Topline Growth
- Research Report on Micron, Xilinx, Applied Materials, and NXP Semiconductors

Editor Note: For more information about this release, please scroll to bottom

PR Newswire

NEW YORK, August 5, 2013

NEW YORK, August 5, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Micron
Technology, Inc. (NASDAQ: MU), Xilinx, Inc. (NASDAQ: XLNX), Applied Materials,
Inc. (NASDAQ: AMAT), Microchip Technology Inc. (NASDAQ: MCHP), and NXP
Semiconductors NV (NASDAQ: NXPI). Today's readers may access these reports
free of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

Micron Technology, Inc. Research Report

On July 31, 2013, Micron Technology, Inc. (Micron) and Elpida Memory, Inc.
(Elpida) trustees announced the closing of Micron's acquisition of 100% of
Elpida's equity, pursuant to a Sponsor Agreement they have entered on July 2,
2012 in connection with Elpida's corporate reorganization proceedings
conducted under the jurisdiction of the Tokyo District Court. In addition,
Micron also announced the completion of its acquisition of a 24% share of
Rexchip Electronics Corporation from Powerchip Technology Corporation and
certain of its affiliates. According to the two Companies, post the purchase
of Rexchip shares from Powerchip, Micron will control approximately 89% of
Rexchip's outstanding shares and 100% of Rexchip product supply. According to
Micron, combining its product portfolio with Elpida's will further strengthen
Micron's position in the memory market and enable it to provide customers with
an even more complete set of high-quality solutions. The Full Research Report
on Micron Technology, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/9e1c_MU]

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Xilinx, Inc. Research Report

On July 30, 2013, Xilinx, Inc. (Xilinx) announced that TSMC has been awarded
with its "Best Supplier Award" in recognition of TSMC's outstanding
performance as a strategic partner and supplier. According to Raja Petrakian,
Senior Vice President, Worldwide Operations at Xilinx, "TSMC earned our 2012
Best Supplier Award for collaborating deeply with Xilinx to establish clear
technology leadership, product quality, on time delivery, and continuous yield
enhancement. This has already led to significant revenue growth and market
share advantages at 28nm, a break-out product portfolio consisting of
system-optimized FPGAs and the industry's first All Programmable 3D ICs and
SoCs."The Full Research Report on Xilinx, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.analystscorner.com/r/full_research_report/ba84_XLNX]

--

Applied Materials, Inc. Research Report

On July 29, 2013, Applied Materials, Inc. (Applied Materials) announced that
Mike Splinter, Chairman and CEO of the Company, will receive the 2013
Semiconductor Industry Association (SIA) Robert N. Noyce Award for his
achievement and leadership in support of the US semiconductor industry. Brian
Toohey, President and CEO of SIA, said, "Our Board carefully considers and
votes on the nominees based on a number of criteria, including overall
contributions to the U.S. semiconductor industry, leadership and outstanding
innovation. This year, it is our pleasure to award Mike Splinter with the
industry's highest honor." Applied Materials informed that the award will be
presented at the SIA Award Dinner to be held on November 7, 2013. The Full
Research Report on Applied Materials, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.analystscorner.com/r/full_research_report/251d_AMAT]

--

Microchip Technology Inc. Research Report

On July 31, 2013, Microchip Technology Inc. (Microchip Technology) reported
its Q2 2013 financial results. Net sales increased 31.4% YoY to $462.8
million. Net income was $78.6 million or $0.37 per diluted share in Q2 2013,
compared to net income of $78.7 million or $0.39 per diluted share in Q2 2012.
Steve Sanghi, President and CEO of Microchip Technology, said, "Our actual net
sales exceeded the high end of our upwardly revised guidance we provided on
June 3, 2013. We also significantly exceeded the high end of our upwardly
revised gross margin guidance and improved our gross margin percentage by 163
basis points sequentially. Our non-GAAP operating profit reached 30.5% in the
June quarter and we are making good progress towards our long-term goal of
32.5%. Our non-GAAP earnings per share exceeded the mid-point of our original
guidance given on May 2, 2013 by 5 cents per share." The Full Research Report
on Microchip Technology Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/a8bd_MCHP]

--

NXP Semiconductors NV Research Report

On July 31, 2013, NXP Semiconductors NV (NXP Semiconductors) reported its Q2
2013 financial results. Revenue increased 8.6% YoY to $1.2 billion. Net income
attributable to stockholders was $111 million or $0.43 per diluted share in Q2
2013, compared to net loss attributable to stockholders of $90 million or
$0.36 per diluted share in Q2 2012. Richard Clemmer, NXP CEO, said, "Our
revenue results for the second quarter of 2013 came in at the higher end of
our guidance, as NXP delivered Product revenue of $1,159 million, a ten
percent sequential increase, and a twelve percent increase from the comparable
year ago period." He added, "Our focus continues to be delivering top-line
growth in excess of our peers, while delivering best in class operating
profitability. The overall performance of HPMS is very good, with operating
margin solidly within our long-term target, and we are comfortable delivering
on our intermediate profitability goals. Our strategy of providing unique and
differentiated product solutions continues to resonate with our customers, and
should result in continued long-term growth in excess of the overall end
market." The Company expects Q3 2013 revenue to be within $1.2 billion to $1.3
billion.The Full Research Report on NXP Semiconductors NV - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/c1c4_NXPI]

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SOURCE Analysts' Corner

Contact: Joe Thomas CONTACT PHONE: +1-310-496-8071 (North America)
 
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