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Fri, September 21, 2012
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Semiconductor Sector Downgraded by RBC Capital Markets -- Semiconductor Market Revenues Forecasted to Decline 0.3%


Published on 2012-09-21 05:31:20 - Market Wire
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September 21, 2012 08:20 ET

Semiconductor Sector Downgraded by RBC Capital Markets -- Semiconductor Market Revenues Forecasted to Decline 0.3%

Five Star Equities Provides Stock Research on Marvell Technology Group and RF Micro Devices

NEW YORK, NY--(Marketwire - Sep 21, 2012) - Slowing global economies combined with a steep drop in PC sales has provided a challenging environment for the Semiconductor Industry in 2012. RBC Capital Markets has recently downgraded the sector as a result of a stalling inventory cycle. Five Star Equities examines the outlook for companies in the Semiconductor Industry and provides equity research on Marvell Technology Group Ltd. (NASDAQ: [ MRVL ]) and RF Micro Devices, Inc. (NASDAQ: [ RFMD ]).

Access to the full company reports can be found at:

[ www.FiveStarEquities.com/MRVL ]

[ www.FiveStarEquities.com/RFMD ]

"Order rates are beginning to decelerate across multiple end-markets as macro concerns continue to weigh on the overall mood while a lack of inventory investment could post near-term revenue risks," stated RBC Capital analyst Doug Freedman.

Also research firm IHS iSuppli has recently altered their global semiconductor market chip revenue forecast from a growth of less than 3 percent to a contraction of 0.1 percent due to unfavorable economic conditions. This would be the first time revenues in the semiconductor market have contracted in 3 years.

Five Star Equities releases regular market updates on the Semiconductor Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at [ www.FiveStarEquities.com ] and get exclusive access to our numerous stock reports and industry newsletters.

Marvell is a world leader in the development of storage, communications and consumer silicon solutions. Marvell's diverse product portfolio includes switching, transceiver, communications controller, wireless and storage solutions that power the entire communications infrastructure. The company reported revenues for the second quarter of fiscal 2013 of $816 million, a decrease of 9 percent from $898 million in the second quarter of fiscal 2012.

RF Micro Devices is a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies. The company recently reported that Samsung has chosen RFMD's PowerSmart Power Platforms to power their next-generation GALAXY Note II.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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