Archive : 10 September 2007 год

Fairchild Semiconductor announced that it has closed a transaction to sell selected assets of its RF Group to Anadigics for $2.3 million in cash. RF Group assets include licenses to intellectual property, customer and vendor lists, equipment and selected leases. Anadigics has hired 23 RF design and engineering professionals from the RF Group and will maintain the design center in Massachusetts.

National Semiconductor reported sales of $471.5 million and net income of $85.6 million, for the first quarter of fiscal 2008. The first quarter fiscal 2008 sales increased 3.4 percent sequentially from the fourth quarter of fiscal 2007, when the company reported $455.9 million in sales. The net profit declined 5 percent sequentially. Year over year, first quarter sales fell 13 percent from the first quarter of fiscal 2007. The net profit declined 29 percent year over year .