Feeds

TI narrows Q4 forecasts

Inventory correction

  • alert
  • submit to reddit

The next step in data security

Texas Instruments this week narrowed its Q4 revenue forecast as the world's semiconductor buyers continue to use up inventory rather than take product rolling off chip makers' production lines.

TI previously said the three months to 31 December - the company's fourth fiscal quarter - would yield group revenues in the range $2.96-3.20bn. This week it said it now anticipated the final figure would fall between $3.02bn and $3.14bn. Group earnings will range from 25 to 27 cents a share, compared to 24-28 cents a share from the last guidance note.

TI's chip business is now expected to contribute $2.68-2.78bn out of that total, from the $2.63-2.83bn previously forecast.

The company said the revised forecast was made the better to take into account the "ongoing inventory adjustments, especially in standard products sold through distribution channels". ®

Related stories

Intel 'firing on all cylinders' - CEO
Samsung maps huge chip biz expansion
iSuppli cuts 2005 chip sales growth target
World chip sales to fall next year - analyst
Intel bumps Q4 forecast higher
World chip sales edge up in October
Intel to retain top chip maker title on 04...
Intel's Barrett looks for chip sales growth in '05
Chip trade body revises 2004 sales downward
TSMC, UMC fab utilisation to plummet in Q4
TI launches 'digital TV on a phone' scheme

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.