Altera Updates Third Quarter Sales Guidance
SAN JOSE, Calif., Sept. 6, 2011 -- Altera Corporation (NASDAQ: ALTR) today announced updated third quarter 2011 sales guidance. The company currently expects third quarter sales to be in the range of down 3 percent to up 1 percent versus second quarter sales. Previous guidance was for sales growth of 2 percent to 6 percent.
Relative to initial guidance, demand is weaker in several vertical markets including Telecom and Wireless, particularly outside Asia, as well as Industrial Automation, Military, and Test as customers are moderating their purchases in light of macroeconomic uncertainty and other near term changes to their business environment. Despite this broader trend, Altera's new products will be up sequentially.
The company will announce third quarter results after the market close on October 20, 2011.
About Altera
Altera programmable solutions enable system and semiconductor companies to rapidly and cost-effectively innovate, differentiate and win in their markets. Find out more about Altera's FPGA, CPLD and ASIC devices at www.altera.com.
Related Semiconductor IP
- UALink PHY + Controller
- General Purpose Low-Dropout (LDO) - TSMC
- Camera Post-Processing IP
- DC-DC Split-Pi Boost-Buck Converter
- Deep learning accelerator
Related News
- Cadence Reports Q3 2011 Financial Results
- EDA Consortium Reports Revenue Increase for Q3, 2011
- Global Semiconductor Sales Increase 23.2% in Q3 2024 compared to Q3 2023; Quarter-to-Quarter sales up 10.7%
- Global Semiconductor Sales Increase 15.8% from Q2 to Q3; Month-to-Month Sales Grow 7.0% in September
Latest News
- «Made in Germany» Security Chip Serves as a Root of Trust for Connected Devices
- GUC Monthly Sales Report – June 2026
- Ceva Wins Landmark AI Licensing Deal with Major U.S. Software and AI Platform Company
- UMC Reports Sales for June 2026
- VeriSilicon Introduces CPP2000 Camera Post-Processing IP for Embodied Robotics and Mobile Vision Applications