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Calif. (AP) The chipmaker Intersil Corp. forecast disappointing third-quarter sales on Tuesday, citing the weak PC market. Intersil said it will report about $151 million in revenue for the quarter that ended Sept. 28. That's down 19 percent, or
Chipmaker Intersil Corp will reduce its workforce by 11 percent to cut costs and revamp its product portfolio. The company expects to incur charges of about $9 million in the second quarter due to the restructuring, it said in a regulatory filing on
Sony Corp said Tuesday it has tied up with Intersil Corp, a California-based maker of microchips for security surveillance cameras, with an eye to releasing cameras fitted with Intersil chips in the second half of fiscal 2011 ending in March 2012.
Intersil Corp. offered an earnings forecast for the second quarter on Friday that suggested it could miss Wall Street's forecast, sending its shares down more than 3 percent. Excluding acquisition expenses and other one-time items, the chip maker
California-based Intersil Corp. said Wednesday it has given a former microchip factory in Palm Bay to the University of Central Florida – one of the biggest building donations UCF has ever received. The entire gift – valued at $13 million – includes
In a statement, Marvell /quotes/comstock/15*!mrvl /quotes/nls/mrvl ( 11.48 , -0.53 , -4.41% ) cited "broad improvement in demand within multiple end-markets" as the reason for the raised forecast. We are optimistic in our near-term outlook based on