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Fri, June 8, 2012

Equity Research on Broadcom Corporation and Marvell Technology Group Ltd. - Chip Makers Gear Up for Strong Second Half


Published on 2012-06-08 05:10:49 - Market Wire
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June 08, 2012 08:05 ET

Equity Research on Broadcom Corporation and Marvell Technology Group Ltd. - Chip Makers Gear Up for Strong Second Half

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Semiconductor chip manufacturers appear to be gearing up for a strong second half in regards to smartphone and tablet sales. According to the Semiconductor Industry Association, chip sales increased 1.1% globally in April. The uptick in April is encouraging considering the seasonal nature of chip sales. Get your free reports on Broadcom Corporation and Marvell Technology Group Ltd. at [ http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index ]. There is no commitment to join.

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Strong demand for mobile devices appears to be behind the improved sales figures. Marvell Technology Group Ltd. saw quarterly revenues to its mobile and wireless end markets jump 14% over the prior year period. Broadcom Corp. could also be among companies to benefit from current demand levels. Furthermore, Broadcom's ties to Samsung and Apple could make it an even more attractive play considering the market shares the two tech giants have captured in the smartphone and tablet spaces. Marvell Technology Group Ltd. and Broadcom Corporation reports are accessible for free by registering today at [ http://www.shinesrooms.com/MarvellTechnologyGroupLtd080612.pdf ] or [ http://www.shinesrooms.com/BroadcomCorporation080612.pdf ].

The industry does face growth obstacles in the form of mounting operating costs and higher commodity prices but demand levels appear healthy enough to fuel gains in the second half of the year.

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