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Spansion Company News

Tue, 18 Oct 2016 12:02:05 GMT

China to produce 3D NAND chips  -  Fudzilla (blog)
YRST will use Spansion's technology to produce 3D NAND chips. YRST's 12-inch fab will be built in three phases, at a cost of $24 billion. The company will complete the first-phase construction at the end of 2016, followed by the second phase in 2018 ...
Tue, 18 Oct 2016 04:25:42 GMT
China to produce 3D NAND chips as early as end-2017  -  Digitimes
XMC is now in charge of making China's homegrown NOR flash as well as logic chips, with monthly capacity of around 30,000 12-inch wafers. YRST will use Spansion's technology to produce 3D NAND chips based on a license agreement between Spansion ...
Mon, 10 Oct 2016 14:23:30 GMT
Cypress Plans to Lay Off Globally to Focus on Growth Areas  -  Nasdaq
Notably, El-Khoury had helped during the company's acquisition of chipmaker Spansion in 2015 and in the more recent purchase of Broadcom's internet of things operations. The $550-million Broadcom acquisition makes Cypress the only company in the ...
Thu, 29 Sep 2016 18:41:18 GMT

Which Segments Are Keeping Cypress Profitable?  -  Market Realist
In the previous part of the series, we saw that Cypress Semiconductor (CY) reported falling revenue and losses in its Programmable Solutions division as strength in automotive demand was offset by weakness in industrial demand. Let's now look at the ...
Thu, 29 Sep 2016 18:41:18 GMT
Will a Lean Inventory Initiative Improve CY's 3Q16 Gross Margin?  -  Market Realist
In the previous few parts of this series, we learned that Cypress Semiconductor's (CY) revenue fell in 2015 after its Spansion merger. Like its revenue, its gross margin fell significantly in 2015. The main reason for this negative impact was the huge ...
Thu, 29 Sep 2016 18:41:18 GMT
What's Cypress's Strategy to Improve Its Margins?  -  Market Realist
For 3Q16, Cypress expects its non-GAAP gross margin to reach 41%, driven by four key factors: higher factory utilization, cost synergies realized from its Spansion merger, seasonal revenue growth, and the contribution of Broadcom's (AVGO) wireless IoT ...
Thu, 29 Sep 2016 18:41:18 GMT

Will Cypress's Programmable Systems Division Return to Growth?  -  Market Realist
In 2Q15, Cypress acquired Spansion and integrated the latter's business into its PSD and memory businesses. This move caused PSD's revenue to rise fourfold, from $57 million in 1Q15 to $203 million in 2Q15. However, the segment's revenue has been ...
Thu, 29 Sep 2016 18:41:18 GMT
How Did Acquisitions Impact Cypress's Balance Sheet?  -  Market Realist
As we know, Cypress has reduced its inventory by 43% since its Spansion merger, and it plans to reduce $25 million more worth of inventory by the end of 2016. Adequate inventory should enable the company to increase its factory utilization, thus ...
Thu, 29 Sep 2016 18:41:18 GMT
How True Are Cypress's Acquisition Rumors?  -  Market Realist
El-Khoury has been instrumental in the integration of Spansion. Cypress's board chair, Ray Bingham, saw his role expanded to executive chair. Cypress isn't the only company to have seen a recent change in management. Recently, Marvell Technology ...
Thu, 29 Sep 2016 18:41:18 GMT
Is Cypress's Rising Debt a Cause for Concern for Investors?  -  Market Realist
In the previous part of the series, we learned that Cypress Semiconductor (CY) is slowly improving its profit margins as it realizes cost synergies from its acquisitions of Spansion and Broadcom's (AVGO) wireless IoT (Internet of Things). While the ...