Quarterly Financial Results and Introduction of Breakthrough Devices for Enhanced Mobile User Experience - Research Report on Power Integrations, TriQuint, PLX, Volterra, and Microsemi

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Jul 26, 2013, 08:00 ET

NEW YORK, July 26, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting Power Integrations, Inc. (NASDAQ: POWI), TriQuint Semiconductor, Inc. (NASDAQ: TQNT), PLX Technology, Inc. (NASDAQ: PLXT), Volterra Semiconductor Corporation (NASDAQ: VLTR), and Microsemi Corporation (NASDAQ: MSCC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Power Integrations, Inc. Research Report

On July 18, 2013, Power Integrations, Inc. (Power Integrations) announced the introduction of CHY100, the first AC-DC wall-charger interface IC that allows designers of mobile devices to implement the Quick Charge 2.0 protocol from Qualcomm Technologies, Inc. (Qualcomm Technologies). The Company informed that Quick Charge 2.0 was launched earlier in 2013. The Company said that CHY100, when used in combination with Power Integrations' AC-DC switcher ICs, incorporates all the necessary elements required to add Quick Charge 2.0 functionality to AC-DC wall chargers. It further stated that tests have confirmed that smartphones with high-capacity batteries can be fully charged in at least one hour using Quick Charge 2.0 - an improvement from the four-hour charging cycles characteristics of conventional USB charging technology. The CHY100 is suitable for battery chargers for smartphones, tablets, netbooks, digital cameras, and Bluetooth accessories, as well as USB power output ports. The Full Research Report on Power Integrations, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6421_POWI]

TriQuint Semiconductor, Inc. Research Report

On July 18, 2013, TriQuint Semiconductor, Inc. (TriQuint) announced that Compound Semiconductor featured TriQuint Mobile Device expert Phil Warder, on the merits of combining GaAs and silicon in RF front-ends for today's advanced smartphones and other mobile devices. In the release, Warder shared his perspective about how mobile device manufacturers need complete solutions that simplify the increasingly complex RF front-end and enhance the user experience. Warder added that TriQuint is leveraging its advanced filter and integrations technologies to address these customer needs while packing more capabilities in ever smaller footprints. The Full Research Report on TriQuint Semiconductor, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/73d1_TQNT]

PLX Technology, Inc. Research Report

On July 22, 2013, PLX Technology, Inc. (PLX) reported financial results for Q2 2013. The Company reported revenues of $26.9 million, representing a growth of 5.9% YoY and 2.7% QoQ. Q2 2013 net income was $1.7 million, or $0.04 per diluted share, compared to net income of $2.7 million or $0.06 per diluted share in Q1 2013 and net loss of $0.5 million or $0.01 per diluted share in Q2 2012. "Although we still have much to do, these two quarters combined produced the most profitable first six months of any year in the Company's history," said David Raun, President and CEO of PLX. "We estimate that the PCI Express market will grow by 15 to 25% in 2013." For Q3 2013, the Company expects net revenues in the range of $25.5 million to $27.5 million. The Full Research Report on PLX Technology, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/85e4_PLXT]

Volterra Semiconductor Corporation Research Report

On July 22, 2013, Volterra Semiconductor Corporation (Volterra) announced financial results for Q2 2013. The Company reported net revenues of $34.4 million, representing a 21.1% YoY decrease and 13.8% QoQ decrease. GAAP net income was $0.7 million, or $0.03 per diluted share, a decrease from $6.0 million, or $0.22 per diluted share in Q2 2012 and a decrease from $3.0 million, or $0.12 per diluted share in Q1 2013. "Revenue came in at the low end of guidance as our notebook business declined as expected and we experienced a one quarter inventory correction with a server customer," said Jeff Staszak, President and CEO of Volterra. "Q3 orders are stronger at this point than this time last quarter and we are therefore encouraged about our short term outlook and longer term growth opportunities in our server storage, communications, and energy businesses." The Full Research Report on Volterra Semiconductor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9632_VLTR]

Microsemi Corporation Research Report

On July 11, 2013, Microsemi Corporation (Microsemi) announced the availability of its next-generation of 650 volt non-punch through (NPT) insulated bipolar gate transistors (IGBTs), offered in 45A, 70A, and 95A current ratings. The Company informed that the new NPT IGBT product family is designed for operation in harsh environments and is particularly well-suited for industrial products such as solar inverters, welders, and switch mode power supplies. Further, the Company also claimed that the new power devices improve efficiency by delivering the industry's best loss performance - approximately 8% better than the closest competitor's IGBT. Microsemi expects to expand its share in the IGBT market, which is expected to grow from its current valuation of $3.6 billion to approximately $6 billion in 2018, according to a report from Yole Development. The Full Research Report on Microsemi Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9ec0_MSCC]

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