Dual Port Register File Compiler (1 Read-Only Port, 1 Write-Only Port)
Altera says orders 'deteriorated' in February, predicts 24% drop in Q1 sales
![]() |
Altera says orders 'deteriorated' in February, predicts 24% drop in Q1 sales
By Semiconductor Business News
February 27, 2001 (6:07 p.m. EST)
URL: http://www.eetimes.com/story/OEG20010227S0063
SAN JOSE -- Altera Corp. today (Feb. 27) joined the parade of chip companies reducing revenues estimates for the first quarter. The supplier of programmable logic said sales through distribution channels have improved from the end of 2000 but not enough to hit its forecast. Furthermore, new orders "deteriorated" in February, raising the likelihood that resale revenues will fall at the end of the first quarter, Altera said. Consequentially, Alerta's management said it now expects Q1 revenues to be 24% lower than $368 million in the fourth quarter of 2000. "An industry-wide inventory correction began in the fourth quarter and now reduced end market consumption is exacerbating the impact of that correction," said John Daane, president and CEO of Altera. "We are seeing the effects of reduced capital spending by [Internet and telecom] service providers and other communications market end customers impact our customers' business and hence th eir purchases. The slowdown in end market activity is prolonging the inventory correction, but we believe that moderate sequential revenue growth will resume in the second half," he said.
Related News
- Global Top 10 IC Designers' 2019 Revenues Drop by 4.1% YoY, as Industry Growth to Face Challenges from COVID-19 Pandemic in 2020, Says TrendForce
- SMIC's Q3 sales up 24%, sees 99% fab utilization
- Chartered's Q1 sales falls 4% amid falling ASPs
- Global Semiconductor Sales Increase 17.1% Year-to-Year in February
- Urgent Orders Boost Wafer Foundry Utilization in Q2; Global Top 10 Foundry Revenue Grows 9.6% while VIS Climbs Two Spots, Says TrendForce
Breaking News
- Arteris Joins Intel Foundry Accelerator Ecosystem Alliance Program to Support Advanced Semiconductor Designs
- SkyeChip Joins Intel Foundry Accelerator IP Alliance
- Siemens and Intel Foundry advance their collaboration to enable cutting-edge integrated circuits and advanced packaging solutions for 2D and 3D IC
- Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Technologies, Advancing AI, HPC and Mobility Applications
- Synopsys and Intel Foundry Propel Angstrom-Scale Chip Designs on Intel 18A and Intel 18A-P Technologies
Most Popular
- QuickLogic Delivers eFPGA Hard IP for Intel 18A Based Test Chip
- Siemens collaborates with TSMC to drive further innovation in semiconductor design and integration
- Aion Silicon Joins Intel Foundry Accelerator Design Services Alliance to Deliver Next-Generation Custom SoCs at Scale
- TSMC Unveils Next-Generation A14 Process at North America Technology Symposium
- BOS Semiconductors to Partner with Intel to Accelerate Automotive AI Innovation
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |