Product category:
Power Supply ICs and Controllers
News Release from: Fairchild Semiconductor
Edited by the Electronicstalk Editorial
Team on 09 March 2006
Fairchild bullish about Q1 performance
Fairchild Semiconductor has raised guidance for first quarter 2006 revenue to increase about 9% sequentially, up from its prior guidance for an increase of 5-7%.
Fairchild Semiconductor has raised guidance for first quarter 2006 revenue to increase about 9% sequentially, up from its prior guidance for an increase of 5-7% "Order rates continue to be strong and we're executing effectively to increase our shipments to support end market demand", said Mark Thompson, Fairchild's President and CEO
This article was originally published on Electronicstalk on 28 Feb 2001 at 8.00am (UK)
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"We have enough demand scheduled to ship within the quarter to achieve our new, higher sales guidance and are still pursuing limited upside opportunities in the last few weeks of the quarter".
"Order rates have been solid across all end markets with particular strength in the industrial and computing markets".
"Demand for our products serving the other end markets, including the consumer sector, continues to be at or above the strong fourth quarter levels".
"We're aggressively managing our supply chain to maintain stable lead times for our analogue and more proprietary products, while allowing lead times for many of our standard products to lengthen".
"Overall, blended lead times have gradually increased during the quarter, up 1-2 weeks sequentially.
"From a product line perspective, our analogue business is shipping at a very strong rate and should sequentially grow above the company average in the first quarter", stated Thompson.
"Our new, higher margin analogue products are driving much of this growth as we are posting record order rates and sales for our uSerDes Green Mode FPS and analogue switches so far this quarter".
"Demand for our power products also remains high, especially for our leading-edge low voltage MOSFETs in ultrasmall packaging".
"Fairchild is making excellent progress in improving the quality of our business through new products and better product mix", stated Thompson.
"We're executing well, demand is strong and I'm very optimistic about our prospects for 2006".
Fairchild expects to report its first quarter financial results before the market opens on 20th April 2006.
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