Semtech Q2 revenues soar
Semtech revenues increased along with profits and earnings per share during the second quarter of fiscal year 2017 the company announced Aug. 31. Semtech, a Camarillo-based manufacturer of semi-conductors for the smartphone industry, released quarterly earnings results Aug. 31. Revenues increased 8 percent from $125.7 million during the same quarter last year to $135.9 million Read More →
Inphi’s second quarter revenues soar
Inphi saw revenues rise during the second quarter as it sold off its memory products business. On June 30, Inphi announced it would sell its memory products business to Sunnyvale-based Rambus. Inphi said revenues rose from $49.4 million in 2015 to $60.5 million during the second quarter of 2016 when revenues from the memory business Read More →
Inphi completes sale of Rambus
Inphi completed the sale of its memory product business to Sunnyvale-based Rambus Aug. 4. The Santa Clara-based Inphi, which designs chips aimed at packing more memory onto Internet servers and increasing bandwidth, employs a large engineering force in Thousand Oaks. The sale will allow it to focus on its communications business. As part of the Read More →
Inphi sells memory product business for $90 million
Inphi sold its memory product business to Rambus for $90 million in cash June 30. The Santa Clara-based company, which designs chips aimed at packing more memory onto Internet servers and increasing bandwidth, employs a large engineering force in Thousand Oaks. The sale will allow it to focus on its communications business, Inphi said in Read More →
Semtech sells subsidiary Snowbush IP to Rambus
Semtech, a Camarillo-based manufacturer of semiconductors for the mobile phone industry, sold subsidiary Snowbush IP for $32.5 million to Sunnyvale-based Rambus, which develops memory systems for smartphones. Semtech said it also could receive more payments from Rambus through 2022 based upon a percentage of sales by Rambus of new products expected to be developed by Read More →
