Featured Articles

Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Intel launches new mobile Haswell and Bay Trail parts

Intel launches new mobile Haswell and Bay Trail parts

Intel has introduced seven new Haswell mobile parts and four Bay Trail SoC chips, but most of them are merely clock…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
AMD SVP John Byrne named turnaround exec of the year

AMD SVP John Byrne named turnaround exec of the year

Director of AMD’s PR Chris Hook has tweeted and confirmed later in a conversation with Fudzilla that John Byrne, Senior Vice…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 09 September 2011 10:46

Texas Instruments warns of sales troubles

Written by Nick Farell
texas_instruments

Cutting profits
Chipmaker Texas Instruments has warned that its sales may fall short of earlier forecasts. The world's largest maker of analogue chips is complaining about a slump in orders for electronics components from customers across its product lines.

Profit will be 56 cents to 60 cents a share on revenue of $3.23 billion to $3.37 billion, the Dallas-based company said in a statement today. Analysts had been thinking that the outfit would make 60 cents on sales of $3.5 billion so this is slightly below expectations.

It seems that the outfit's customers and distributors are holding off on orders, concerned that a slowing economy will crimp demand for electronics. In the long term though many analysts see TI as a good investment with shares low and prospects good.

Texas Instruments’ competitor, Fairchild Semiconductor International has said its third-quarter sales and profitability will go the same way. Orders haven’t increased - as is normal this time of year - because some Asian customers are reducing their stockpiles of unsold chips.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments