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Analog Devices Guides Q3 In Line With Estimates, Declares Dividend

Analog Devices Guides Q3 In Line With Estimates, Declares Dividend
WASHINGTON (dpa-AFX) - While reporting financial results for the second quarter on Wednesday, semiconductor company Analog Devices Inc. (ADI) provided earnings and revenue guidance for the third quarter, in line with analysts expectations.
For the third quarter, the company projects earnings in a range of $1.12 to $1.34 per share and adjusted earnings in a range of $1.50 to $1.72 per share on projected revenues between $1.63 billion and $1.77 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.53 per share on revenues of $1.65 billion for the quarter. Analysts estimates typically exclude special items. ....

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Analog Devices 2Q Profit, Revenue Rise

By Dave Sebastian
Analog Devices Inc. said its profit for the fiscal second quarter rose along with economic recovery and as it navigated supply-chain challenges.
The semiconductor company on Wednesday posted net income of $422.9 million, compared with $267.7 million in the prior year. Earnings were $1.14 a share, compared with 72 cents a share in the year-ago period.
Adjusted earnings were $1.54 a share. Analysts polled by FactSet were expecting $1.45 a share.
For the quarter ended May 1, revenue rose 26%, to $1.66 billion. Analysts were looking for $1.61 billion.
The company s decision to invest in additional capacity has helped it navigate supply-chain challenges, President and Chief Executive Vincent Roche said. ....

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Saving the Last Polaroid Factory: 'An Impossible Project' Doc Trailer

Not everything s about zero & one. Bohemia Media & Trinity Creative have released an official trailer for a documentary titled
An Impossible Project, about the impossible attempt to save Polaroid and rebuild one remaining Polaroid factory. You probably know the story - it first started in 2008 when Kodak said that they d be stopping all Polaroid film production. In a world dominated by zeroes and ones, eccentric scientist
Florian Doc Kaps endeavors to protect the future of analog and inspire people to connect with “real” things. His crusade begins with an impossible mission: to save the last Polaroid factory. Shot on glorious Kodak 35mm and with a stylistic nod to Jacques Tati, ....

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Chip equipment sales soar in China, while North America tanks

Apr 13, 2021 10:42am
It takes sophisticated equipment to make wafers and chips and sales of manufacturing equipment dropped 20% in North American in 2020. (Getty Images)

Sales of semiconductor manufacturing equipment in 2020 tanked by 20% in North America in 2020 while sales soared by 39% in China, to position it as the top-ranked region globally for the first time.
The comparison of China with North America (a region heavily focused on the U.S.) shows the growing disparity in the semiconductor industries between the two regions.
The North American decline of 20% in 2020 followed three years of consecutive growth, leaving the region in fifth place globally. For 2020, North American sales were $6.53 billion, down from $8.15 billion in 2019, according to trade group SEMI on Tuesday. The group represents 2,400 member companies in the global electronics product design and manufacturing supply chain. The only region smaller than North American was Europe. ....

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Gradual Transition from Analog to Digital Mode of Operations across Business Segments will Paint Strokes of Growth across the Photonic Integrated Circuits Market, Opines TMR

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The advancements in photonics have increased extensively, which has resulted in the penetration of these technologies across numerous sectors, thus adding extra stars of growth to the photonic integrated circuits market
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The photonic integrated circuits market is projected to expand at a CAGR of ~23 percent between 2021 and 2031
ALBANY, N.Y., April 12, 2021 /PRNewswire/
Photonic Integrated Circuits Market: Growth Summary
The traffic on the internet is increasing rapidly around the globe, which has led to the escalating demand for robust communication systems. The key to robust communication systems is photonic integrated circuit. Therefore, these factors will invite promising growth for the photonic integrated circuits market across the assessment period of 2021-2031. The magnifying utilization of data centers along with the increasing demand for enlarged bandwidth is further helping in laying a red carpet of growth across the photonic integ ....

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