NEW YORK, June 13, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Broadcom Corp. (NASDAQ: BRCM), Texas Instruments Inc. (NASDAQ: TXN), Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), Advanced Micro Devices, Inc. (NYSE: AMD), and Avago Technologies Limited (NASDAQ: AVGO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Broadcom Corp. Research Report
On May 23, 2013, Broadcom Corp. (Broadcom) introduced its first 5G WiFi combination chips for entry level consumer devices, including PCs, notebooks, tablets, and smartphones. Peter Cooney, Practice Director, ABI Research, said, "802.11ac chips have started shipping in significant quantity in 2013 and by the end of 2014, 11ac is expected to be included in more than 50 percent of total Wi-Fi ICs shipped." Cooney added, "There will be rapid adoption across many devices with high end smartphones, laptops and tablets leading the race." Broadcom will showcase its 5G WiFi solutions at COMPUTEX TAIPEI 2013. The Full Research Report on Broadcom Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/416a_BRCM]
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Texas Instruments Inc. Research Report
On June 10, 2013, Texas Instruments, Inc. (Texas Instruments) updated its business outlook for Q2 2013. Texas Instruments narrowed its revenue expectations to range from $3 to $3.1 billion, compared to previously announced range of $2.9 and $3.2 billion. EPS is now expected to be in the range of $0.39 and $0.43, compared to previous range of $0.37 and $0.45. Texas Instruments' Q2 2013 will end on June 30, 2013. The Full Research Report on Texas Instruments Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/ce50_TXN]
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Taiwan Semiconductor Manufacturing Company Limited Research Report
On June 11, 2013, Taiwan Semiconductor Manufacturing Company Limited (TSMC) held its annual shareholders' meeting. The following major resolutions were passed during the Meeting: (1) approved the 2012 Business Report and Financial Statements. The Company reported that for full-year FY 2012, consolidated revenue totaled approximately (New Taiwan Dollar) NT$506.3 billion; net income was NT$166.2 billion, and EPS was NT$6.41; (2) approved the distribution of NT$3.0 cash dividend per common share. The Full Research Report on Taiwan Semiconductor Manufacturing Company Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/4a52_TSM]
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Advanced Micro Devices, Inc. Research Report
On May 23, 2013, Advanced Micro Devices, Inc. (AMD) unveiled three new additions to its 2013 A-Series and E-Series Mobile Accelerated Processing Unit (APU) line-up. The three additions are: the 2013 AMD Elite Mobility APU (formerly codenamed Temash), 2013 AMD Mainstream APU (formerly codenamed Kabini), and the new, low power versions of the 2013 AMD Elite Performance APU (formerly codenamed Richland). AMD reported that these new APUs are designed to effectively balance the needs of a wide range of new and traditional mobile PC users. Lisa Su, Senior Vice President and General Manager, Global Business Units at AMD, stated, "The client market has evolved -- with greater diversity in the types of mobile form factors and higher performance demands from the software -- and AMD is uniquely positioned to deliver the best processors to meet the needs of mobile device users today." Lisa added, "As computing becomes more visual and the graphics processor can be leveraged to do other types of processing, our dedication to the software community and the APU architecture sets us apart from the competition and enables us to deliver the best user experience whether on a tablet, a hybrid device or a notebook." The Full Research Report on Advanced Micro Devices, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/14f8_AMD]
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Avago Technologies Limited Research Report
On May 29, 2013, Avago Technologies Limited (Avago Technologies) released its Q2 FY 2013 results (period ended May 5, 2013). On a GAAP reported basis, net revenue was down 3% YoY to $562 million; income from operations was down 13.9% YoY to $118 million; and net income was down 15.7% YoY to $113 million, or $0.45 per share. Hock Tan, President and CEO of Avago Technologies, commented, "During the second fiscal quarter, revenues came in at the upper end of our guidance helped by improved resales at our distributors in our industrial business." Tan continued, "Looking to the third quarter, we see broad-based improvement across all three of our end markets. We believe that the initial ramp of a product transition at a large smartphone OEM, a recovery in enterprise networking spending, as well as a continued, gradual uptick in industrial end market demand, could drive a sequential growth up to high single digits on a percentage basis." The Full Research Report on Avago Technologies Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/a8f0_AVGO]
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SOURCE Wall Street Reports