Dialog Semi reviews guidance as Chinese holiday boosts third quarter sales

Dialog Semi reviews guidance as Chinese holiday boosts third quarter sales
 

Dialog Semiconductor (DLGS.DE), the maker of chips used in Apple and Samsung Electronics' smartphones, said it was reviewing its full-year guidance after a Chinese holiday helped bolster third-quarter sales.
Sales for the three months through September came to around $345 million, Dialog said late on Wednesday, up 40 percent from the second quarter and almost 5 percent above the year-earlier level, as orders for mobile chips were brought forward due to China's National Day holiday.
The news comes after a disappointing second quarter in which sales and operating profit dropped, prompting... read more

 
5 October 2016 in Science &Technology, Views: 46
Source: Reuters
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