|March 4, 2013|
|06:24 EDT||CODE, UMC||Spansion, United Microelectronics announce joint licensing agreement|
Spansion (CODE) and United Microelectronics Corporation (UMC) announced the joint development of a 40nm process that integrates UMC's 40nm LP logic process with Spansion proprietary embedded Charge Trap Flash memory technology. As part of this non-exclusive agreement, UMC is licensed to manufacture products based on this technology for Spansion.
News For CODE;UMC From The Last 14 Days
|October 20, 2014|
|14:29 EDT||CODE||Earnings Preview: Texas Instruments down 9% over last three months|
Semiconductor maker Texas Instruments (TXN) is expected to report third quarter earnings after the close on Monday, October 20, with a conference call scheduled for 5:30 pm ET. EXPECTATIONS: Analysts are looking for earnings per share of 71c on revenue of $3.46B. The consensus range is 66c-74c for EPS on revenue of $3.44B-$3.5B, according to First Call. Along with its last earnings report, Texas Instruments guided to Q3 EPS of 66c-76c on revenue of $3.31B-$3.59B. LAST QUARTER: On July 21, Texas Instruments reported second quarter EPS of 62c, which was higher than analysts' consensus of 59c. The company's revenue of $3.29B exceeded analysts' expectation of $3.27B. Texas Instruments noted that the restructuring changes which occurred in Q2 are positioned to be nil in Q3 and noted that it anticipated utilization in Q3 to remain consistent with Q2 levels. NEWS: On September 18, Texas Instruments increased its quarterly dividend by 13% to 34c. WHAT'S NOTABLE: After the close on October 9, Microchip (MCHP), which develops microcontroller and analog semiconductors, said that it had experienced a number of negative trends during the quarter, including a weaker than usual September, weakness in China, and significant inventory builds at its distributor customers. Microchip President and CEO Steve Sanghi claimed his company often sees the turn of the semiconductor industry ahead of others, noting that it reports sales from distribution on a sell-through basis and that it does business with over 80,000 customers. Sanghi stated, "We believe that another industry correction has begun and that this correction will be seen more broadly across the industry in the near future." STREET RESEARCH: Analysts were fairly quiet on Texas Instruments during the quarter. The day after the company issued its Q2 earnings report, Sterne Agee believed that Texas Instruments' commentary on 4G telecom, auto and industrial strength should be positive for Spansion (CODE). RBC Capital noted on the same day that Texas Instruments had "strong" Q2 results, particularly in its execution, while its operating margin leverage was "impressive. The firm maintained a $57 price target and Outperform rating on the stock. On July 24, Tigress Financial upgraded Texas Instruments to Neutral from Underperform. PRICE ACTION: Over the last three months, Texas Instruments' shares are down about 9%. Since October 10, the day after Microchip's warning on the industry correction it believes has begun, Texas Instruments shares are down over 3%. In afternoon trading before tonight's report, Texas Instruments was up 1.7% to $44.41.
|October 16, 2014|
|11:36 EDT||CODE||Options with increasing implied volatility|
Options with increasing implied volatility: UVXY NQ PVA SVXY VXX SUNE CIE COV ZU CODE
|October 14, 2014|
|08:55 EDT||CODE||Barclays top ideas in U.S. Semiconductors on the pullback|
Barclays' top U.S. Semiconductor ideas to buy on the pullback are Avago (AVGO), Cavium (CAVM), Spansion (CODE), NXP Semiconductors (NXPI) and Xilinx (XLNX).
|06:37 EDT||UMC||UMC lands 28nm LTE chip orders from Qualcomm, DigiTimes reports|
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|October 13, 2014|
|06:08 EDT||UMC||United Microelectronics to biuld 12-inch fab in Xiamen, DigiTimes reports|
United Microelectronics plans to build its 12-inch fab in Xiamen, China and keep its 28/14nm production in Taiwan, reports DigiTimes. The company also said it will ramp up production capacity at its Fab 12A Phase 5 at Tainan Science Park, with plans to start installation production equipment in February 2015. Reference Link
|October 9, 2014|
|07:08 EDT||CODE||Spansion, Integrated Silicon announce plans to develop HyperRAM products|
Spansion (CODE) and Integrated Silicon (ISSI) announced plans to develop HyperRAM products based on the Spansion HyperBus interface, which improves performance while reducing the number of pins. Both companies will have rights to sell HyperRAM products under a long-term supply agreement fulfilled by ISSI.
|05:19 EDT||UMC||United Microelectronics enters JV agreement for 12" fab in China |
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|05:17 EDT||UMC||United Microelectronics reports September revenue up 12.96% to NT$12.26B|