Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

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...
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