Fairchild Semiconductor International Inc
NXP Products Are Well-Placed to Tap Automotive and IoT Markets
Let’s look at the businesses, financials, product portfolios, and end markets of NXP Semiconductors and Qualcomm to understand what the combined company would look like.
How Do NXP’s Cash and Debt Look after the Merger with Freescale?
The company’s debt burden rose after it raised new debt to fund its $12 billion acquisition of Freescale. It also took on Freescale’s debt burden.
Why a Fairchild-ON Merger Could Increase ON’s Leverage Threefold
ON Semiconductor plans to fund the Fairchild-ON merger with a new term loan of $2.4 billion that it recently secured at an interest rate of 5.5%.
The Cost Synergies of a Fairchild-ON Merger
A merger between ON and Fairchild would create revenue synergies. It would also create cost synergies and improve the combined company’s profits.
What Revenue Synergies Would a Fairchild-ON Merger Bring?
Looking at revenue synergies, we see that Fairchild’s strong portfolio in the high voltage and medium voltage power semiconductor market complements ON’s low voltage and small-signal market.
Why Power Semiconductor Companies Had a Slow Start to 2016
The March 2016 earnings season was seasonally slow for the power semiconductor market. The biggest pending merger in the market is between Fairchild Semiconductor (FCS) and ON Semiconductor (ON).
Could China Get Approval for a Semiconductor Acquisition?
Lattice Semiconductor has revealed that Tsinghua Unigroup purchased a 6% stake in the company and is interested in buying more.
What Caused the Western Digital-Unisplendour Deal to Fall?
Unisplendour backed out of the deal to acquire a 15% stake in Western Digital for ~$3.8 billion. Investors wondered if the merger deal would come through.
ON Semiconductor’s Stock Followed the Industry Downward Trend
ON Semiconductor’s stock has a market capitalization of $3.10 billion. Its PE ratio of 29.19x is higher than rival Texas Instruments’ (TXN) ratio of 18.61x but lower than STMicroelectronics’ (STM) ratio of 45.68x.
What Does Fairchild’s Cash Position Say about Its Future?
In fiscal 2015, Fairchild’s cash from operating activities fell by 51% YoY to $94.4 million. That year, the company spent $96 million on share buybacks.
Fairchild’s Fiscal 4Q15 Earnings Missed Analyst Estimates
In fiscal 4Q15, Fairchild’s revenues fell by 6% YoY to $317.2 million, missing the analyst estimate of $326.7 million.
What Will Drive Growth in the Industrial Semiconductor Market?
The demand for industrial semiconductors will be driven by the LED (light-emitting diodes) lighting sector, security, energy management, and medical devices.
NXP-Freescale Merger Threatens Infineon and Renesas
Renesas and Infineon, which currently hold the top ranks in the automotive semiconductor space, will lose market share to the NXP-Freescale merged company.
Why Is Infineon Interested in Investing in Renesas?
German chipmaker Infineon Technologies is showing interest in Japanese automotive semiconductor company Renesas Electronics.
Microsemi Bids for PMC-Sierra for the Third Time
Microsemi has made a third offer for the acquisition of PMC-Sierra, increasing the cash component. The revised offer values PMC-Sierra at $12.05 per share.
ON Semiconductor Swoops Up Fairchild in $2.4 Billion Cash Deal
On November 18, 2015, Fairchild announced its acquisition by ON Semiconductor for a total cash consideration of $2.4 billion. The deal values Fairchild at $20 per share.
Fairchild Shares Rise 23.6% Ahead of the Earnings Announcement
Fairchild Semiconductor (FCS) is rumored to be another name on the list of consolidations happening in the semiconductor industry.