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Worldwide Semiconductor Sales Figures Show Growth Across All Regions

Date : 05/15/2012 @ 8:20AM
Source : Marketwired
Stock : Triquint Semiconductor, Inc. (MM) (TQNT)
Quote : 18.52  0.17 (0.93%) @ 1:09PM
Triquint share price Chart

Worldwide Semiconductor Sales Figures Show Growth Across All Regions

Triquint (NASDAQ:TQNT)
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3 Years : From Jul 2011 to Jul 2014

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Semiconductor stocks have performed admirably in 2012. Growing demand for mobile devices such as tablets and smartphones have provided a great boost for the industry. The Semiconductor Industry Association (SIA) recently reported worldwide semiconductor sales showed growth across all regions. The Paragon Report examines investing opportunities in Semiconductor Industry and provides equity research on Broadcom Corporation (NASDAQ: BRCM) and TriQuint Semiconductor (NASDAQ: TQNT).

Access to the full company reports can be found at:

www.ParagonReport.com/BRCM

www.ParagonReport.com/TQNT

The SIA reported that for March worldwide sales of semiconductors totaled $23.3 billion, a 1.5 percent increase over the month prior. Sales in Europe and Japan grew 3.8 percent and 1.2 percent respectively. "We are encouraged to see that sequential growth resumed across all regions, especially in Europe and Japan, in March," said Brian Toohey, president, Semiconductor Industry Association. "We look for seasonal moderate growth to continue in the second quarter and build momentum as 2012 progresses. However, while forecasts for global economic growth are improving, macroeconomic and geopolitical uncertainties remain."

Paragon Report releases regular market updates on the Semiconductor Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

Broadcom Corporation, a FORTUNE 500 company, is a global leader and innovator in semiconductor solutions for wired and wireless communications. Broadcom products seamlessly deliver voice, video, data and multimedia connectivity in the home, office and mobile environments. The company recently reported net revenue for the first quarter of 2012 was $1.827 billion. This represents an increase of 0.4% compared with the $1.820 billion reported for the fourth quarter of 2011 and an increase of 0.6% compared with the $1.816 billion reported for the first quarter of 2011.

TriQuint Semiconductor, a leading RF solutions supplier and technology innovator, earlier this month announced that it has been selected by the Defense Advanced Research Projects Agency (DARPA) to lead a $12.3 million development program focused on ultra-fast gallium nitride (GaN) switch technology for the Microscale Power Conversion (MPC) program. TriQuint's revolutionary new GaN modulator has the potential to enable highly-efficient RF transmitters substantially smaller than current solutions.

Paragon Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Paragon Report has not been compensated by any of the above-mentioned companies. We act as independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.ParagonReport.com/disclaimer

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