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TMCNet:  Analysts' Corner Releases New Research Report on Broadcom, Marvell, Camtek, SunEdison, and Semtech [Manufacturing Close - Up]

[December 04, 2013]

Analysts' Corner Releases New Research Report on Broadcom, Marvell, Camtek, SunEdison, and Semtech [Manufacturing Close - Up]

(Manufacturing Close - Up Via Acquire Media NewsEdge) Analysts' Corner announced new research reports highlighting Broadcom Corp., Marvell Technology Group, Camtek, SunEdison Inc., and Semtech Corp.

According to the company, readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings.

Broadcom Corp. Research Report On November 25, Broadcom Corp. (Broadcom) announced that Chamberlain has selected Broadcom's Wireless Internet Connectivity for Embedded Devices (WICED) platform to power Chamberlain's MyQ Garage. Broadcom informed that with the help of WICED's embedded Bluetooth Smart and Wi-Fi capabilities, MyQ Garage offers users to control and monitor the garage door via smartphone, tablet, or computer from anywhere in the world. "The growth of the Internet of Things is driving innovation from companies of all sizes and across all industries, and we are thrilled that our wireless connectivity can help inspire new products and use cases," said Brian Bedrosian, Senior Director of Wireless Connectivity at Broadcom. "Chamberlain's MyQ Garage offers a prime example of how adding connectivity to an everyday product can give consumers greater control of their home and work environment from a remote location." Marvell Technology Group Research Report On November 22, Marvell Technology Group (Marvell) announced participation in upcoming investor conferences. On December 3, the Company will be attending the Credit Suisse Technology Conference in Scottsdale, Arizona. On December 9, Marvell will be attending the Raymond James Systems, Semiconductors, Software & Supply Chain Investor Conference in New York City, New York, as well as at the BMO Technology & Digital Conference on the following day, December 10, also in New York City, New York. On January 7, 2014, Marvell will be participating at the JP Morgan Technology Forum in Las Vegas, Nevada.


Camtek Research Report On November 7, Camtek (Camtek) reported Q3 2013 financial results. In Q3 2013, the Company's revenue decreased 8.4 percent YoY to $21.7 million. Q3 2013 net loss was $122,000, or $0.00 per diluted share, compared to net income of $2.4 million, or $0.08 per diluted share in Q3 2012. "We are pleased with our solid third quarter results, coming in slightly ahead of our original expectations. We are especially pleased with the strong operating cash flow which strengthens our net cash position to over $20 million," said Roy Porat, CEO of Camtek. "Looking ahead into the fourth quarter and beyond, we are seeing signs of a continually improving semiconductor industry which will benefit us. For the fourth quarter of 2013, we expect our revenues to improve to between $22-24 million." SunEdison Inc. Research Report On November 20, SunEdison Inc. (SunEdison) announced the closing of a $100.4 million non-recourse debt financing arrangement with the Overseas Private Investment Corp. (OPIC) and IFC. SunEdison also informed that the debt proceeds is intended to be used in Chile for the construction of a 50.7 MWp solar power plant, to inject energy directly into the Central Interconnected System (SIC), selling all its production in the spot market. The Company stated that OPIC is providing $62.9 million of debt, IFC is providing a parallel loan of $37.5 million, and Rabobank is providing a local Chilean Peso VAT facility for the equivalent of $25.6 million. SunEdison expects the interconnection of the 50.7 MWp plant to be in Q1 2014. Upon completion, the Company expects the project, called San Andres, to become the largest solar photovoltaic merchant plant in Latin America in 2014.

Semtech Corp. Research Report On November 18, Semtech Corp. (Semtech) reported Q3 FY 2014 financial results (period ended October 27,). In Q3 FY 2014, Semtech's net revenue decreased 12.3 percent YoY to $141.0 million. Q3 FY 2014 net income was $12.5 million, or $0.18 per diluted share, compared to net income of $16.6 million, or $0.25 per diluted share, in Q3 FY 2013. "While the third quarter presented the expected challenges, Semtech remains on track to deliver another year of record revenues in fiscal year 2014. Our business remains balanced and we were very pleased with our record level of design wins and strong new product releases. We continue to be highly focused on driving our new growth initiatives to keep us moving forward in achieving our $1 billion revenue goal," said Mohan Maheswaran, President and CEO of Semtech.

Report Information: http://www.analystscorner.com/r/full_research_report/496f_BRCM http://www.analystscorner.com/r/full_research_report/4456_MRVL http://www.analystscorner.com/r/full_research_report/0262_CAMT http://www.analystscorner.com/r/full_research_report/5390_SUNE http://www.analystscorner.com/r/full_research_report/2c11_SMTC ((Comments on this story may be sent to newsdesk@closeupmedia.com)) (c) 2013 ProQuest Information and Learning Company; All Rights Reserved.

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