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Stock impact report

The Battle for WiFi Chips: ON Semiconductor vs. Cypress Semiconductor [The Motley Fool]

CYPRESS SEMICONDUCTOR (CY) 
Last cypress semiconductor earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cypress.com
Company Research Source: The Motley Fool
The Battle for WiFi Chips: ON Semiconductor vs. Cypress Semiconductor The number of devices connected to the internet is on the rise, and the stakes are higher than ever for chipmakers that enable connectivity. Two semiconductor outfits have emerged as leaders in the space: Cypress Semiconductor ON Semiconductor The competition between the two companies increased even more during the first quarter of 09 when ON moved to acquire small WiFi chip designer Quantenna ( NASDAQ:QTNA High growth for a select few ON is shelling out $.07 billion for Quantenna Nevertheless, ON's takeover price values Quantenna at a whopping 8 times trailing--month earnings. The high growth rate is part of the rationale, and Quantenna's addressable market is expected to increase to $. billion by 0, compared to just $ billion last year. ON thinks it can capture more share of the whole pie with Quantenna plugged into its distributor network. ON also made the purchase to one-up Cypress Semiconductor. Alluding to thi Show less Read more
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